Abercrombie & Fitch (NYSE: ANF) reported mixed first-quarter results, with earnings per share surpassing estimates while revenue fell short—and a cautious outlook weighed on the stock.

Q1 Results at a Glance

• Adjusted EPS: $1.59 vs. $1.33 estimate (+$0.26)

• Revenue: $1.06 B vs. $1.08 B consensus (-1.9% YoY)

• Same-Store Sales: Declined mid-single digits, reflecting ongoing retail pressures

Despite the revenue miss, EPS strength stemmed from tighter cost controls and markup management. For a history of how ANF shares reacted to past earnings surprises, see the Earnings Historical API, which charts EPS beats and corresponding stock moves.

Guidance Paints a Hazy Outlook

• Q2 2026 EPS: $2.10-$2.30 vs. $2.47 consensus

• FY 2026 EPS: $9.50-$10.50 vs. $10.28 consensus

The downward revision signals management's caution on consumer spending and inventory risk. With 0 positive and 7 negative EPS revisions over the past 90 days, Street expectations have already been tempered.

Valuation and Market Reaction

• Closing Price: $77.15

• 3-Month Return: -25.1%

• 12-Month Return: -59.3%

Shares slid on the guidance miss, leaving ANF trading at a steep discount to peers. To compare Abercrombie's forward P/E to other apparel retailers, pull real-time multiples via the Ratios (TTM) API, highlighting relative valuation gaps.