ABERCROMBIE & FITCH CO /DE/

Abercrombie & Fitch Co. announced the lineup for its 24th annual "The Challenge" music festival and fundraiser, dedicated to promoting mental health. The event, co-headlined by Maroon 5 and The Lumineers, will take place on September 18, 2026, at the company's Global Home Office. Since 2001, "The Challenge" has raised over $63 million to support key philanthropic partners focused on the mental health and well-being of youth, teens, and young adults globally.

Hollister Co., a division of Abercrombie & Fitch Co., is launching "The Hollister Collection at Target," marking its first move into the home and décor category. This multi-season partnership will offer nearly 60 items across men's and women's apparel and bedding. The collection will be available for purchase beginning June 28 on hollisterco.com, Target.com, in most Target stores, and in select Hollister stores, aiming to expand customer reach and meet evolving lifestyle needs.

Abercrombie & Fitch Co. reported its first-quarter results, with net sales increasing by 1.5% to $1.114 billion. However, net income attributable to the company decreased to $67.134 million, or $1.47 per diluted share, compared to $80.413 million, or $1.59 per diluted share, in the same period last year. Operating income also saw a decline. The company's balance sheet shows a decrease in cash and equivalents and total assets, while current liabilities were reduced. Operating cash flow improved significantly year-over-year.

Abercrombie, a division of Abercrombie & Fitch Co., announced the opening of its new three-floor SoHo store in New York City. Located at 520 Broadway, the store debuts the brand's first "Heritage Meets Modern" design concept, blending archival storytelling with updated designs. It offers an expanded assortment of men's and women's products, including a new accessories section. Additionally, Hollister will open a store in the former Abercrombie SoHo location later this month.

Abercrombie & Fitch Co. announced record first-quarter fiscal 2026 results, with net sales reaching $1.1 billion, a 2% increase year-over-year, marking its 14th consecutive quarter of growth. Earnings per diluted share were $1.47, surpassing the company's outlook. Growth was strong in the Americas and APAC, but EMEA experienced a 10% decline due to softened demand. The company maintained its full-year outlook for net sales growth and diluted EPS, and repurchased $105 million in shares during the quarter.

Abercrombie & Fitch Co. reported record first-quarter net sales of $1.1 billion, a 2% increase from last year, marking its 14th consecutive quarter of growth. Diluted earnings per share reached $1.47, surpassing the company's outlook. The company repurchased $105 million in shares during the quarter, representing a 3% reduction in shares outstanding. While sales in the Americas and APAC regions showed strong growth, EMEA sales declined by 10% due to the Middle East conflict. The company maintained its full-year outlook for net sales growth and diluted EPS, and provided a positive second-quarter outlook.

Abercrombie & Fitch Co. announced it will host its first quarter earnings conference call on Wednesday, May 27, 2026, at 8:30 a.m. ET. The company expects to issue a press release detailing its first quarter results and make a presentation available on its website shortly after 7:30 a.m. ET on the same day. Interested parties can register for the call or listen to a live webcast, with a replay available for one year.