Hollister posted impressive 22% YoY growth, while Abercrombie & Fitch Co. saw nuanced declines amid tougher comps and macro headwinds. Tariffs and higher inventory costs are pressuring margins, with a $70M impact expected on FY25 profitability, mostly in gross margins. Despite headwinds, management raised revenue guidance and is executing a robust $400M buyback program, nearly matching net income.
Abercrombie & Fitch (NYSE:ANF) shares popped more than 22% after the clothing retailer posted record first quarter sales of $1.1 billion, led by growth in its Hollister brand. First quarter sales were up 8% from the year-ago quarter, as Hollister sales jumped 22% to approximately $549 million.
Abercrombie & Fitch Co. (NYSE:ANF ) Q1 2025 Earnings Conference Call May 28, 2025 8:30 AM ET Company Participants Mo Gupta - Investor Relations Fran Horowitz - Chief Executive Officer Robert Ball - Chief Financial Officer Scott Lipesky - Chief Operating Officer Conference Call Participants Dana Telsey - Telsey Advisory Group Corey Tarlowe - Jefferies Matthew Boss - JPMorgan Marni Shapiro - The Retail Tracker Alex Stratton - Morgan Stanley Mauricio Serna - UBS Rick Patel - Raymond James Janet Kloppenburg - JJK Research Associates, Inc. Operator Good day, and welcome to the Abercrombie & Fitch First Quarter Fiscal Year 2025 Earnings Call. At this time, all participants are in a listen-only mode.
Although the revenue and EPS for Abercrombie (ANF) give a sense of how its business performed in the quarter ended April 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Abercrombie & Fitch (ANF) came out with quarterly earnings of $1.59 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $2.14 per share a year ago.
Retailers are shaking up Wall Street, with earnings reports from Macy's Inc (NYSE:M), Abercrombie & Fitch Co (NYSE:ANF), and Dick's Sporting Goods Inc (NYSE:DKS) offering mixed signals on the impact of tariffs, consumer demand, and operational resilience.
Abercrombie & Fitch (ANF) shares surged 27% in premarket trading Wednesday after the apparel retailer reported better first-quarter results than analysts had expected.
Stock heads for best day in two years after a quarterly earnings beat, fueled by a big jump in Hollister sales and an improved sales-growth outlook.
Abercrombie & Fitch beat expectations on the top and bottom lines but slashed its profit guidance as it prepares for the impact of tariffs. The company is now expecting full year earnings per share to be between $9.50 and $10.50, down from a previous range of between $10.40 and $11.40.
This company reported before the bell this morning, but it walks in the report with the worst Zacks Rank.
Shares of the apparel retailer climb after adjusted earnings and net sales top expectations.
ANF eyes modest Q1 revenue growth, but earnings dip, cost pressures and tariff risks cloud near-term outlook ahead of the May 28 earnings release.