Abercrombie & Fitch Co. Non-GAAP EPS of $3.68 beats by $0.11, revenue of $1.67B in-line

Abercrombie & Fitch Co. press release (ANF): Q4 Non-GAAP EPS of $3.68 beats by $0.11.
Revenue of $1.67B (+5% Y/Y) in-line.
Provides full year 2026 outlook for net sales growth in the range of 3% to 5% vs 4.4% consensus, operating margin in the range of 12.0% to 12.5%, net income per diluted share in the range of $10.20 to $11.00

Fiscal 2026 First Quarter and Full Year Outlook

For fiscal 2026, the company expects:
	First Quarter Outlook ⁽¹⁾	Full Year Outlook ⁽¹⁾
Net sales	Growth In The Range of 1% to 3%	Growth In The Range of 3% to 5%
Operating margin	Around 7.0%	In the Range of 12.0% to 12.5%
Effective tax rate ⁽²⁾	Around 26%	Around 29%
Net income per diluted share ^{(3) (4)}	In The Range of $1.20 to $1.30	In The Range of $10.20 to $11.00
Share repurchases ⁽⁴⁾	At least $100 million	Around $450 million
Diluted weighted average shares ^{(3) (4)}	Around 46 million	Around 45 million
Capital expenditures		In The Range of $200 to $225 million
Real estate activity ⁽⁵⁾(all approximate)		~30 Net Store Openings
		55 Openings, 25 Closures
		70 Remodels and Right-Sizes