Abercrombie & Fitch (ANF) earnings Q3 2025

shares Abercrombie and Fitch It rose 37% on Tuesday after the company showed investors it would continue to grow even as its eponymous brand slowed.

Sales of the Abercrombie brand fell 2% in the clothing retailer’s fiscal third quarter. But Hollister bailed out the retailer, at least for the third quarter in a row, with sales rising 16%. Sales at Abercrombie are expected to be flat this quarter, indicating growth at Hollister will drive the company’s holiday shopping season, CEO Fran Horowitz said.

Companywide sales increased 7%, exceeding expectations.

Here’s how the clothing retailer performed compared to Wall Street expectations in the period ending Nov. 1, according to a survey of LSEG analysts:

• Earnings per share: The expectation was $2.36 while it was $2.16
• Revenues: 1.29 billion dollars, while the expectation was 1.28 billion dollars

The company’s reported net income for the quarter was $113 million, or $2.36 per share, compared to $131.98 million, or $2.50 per share, a year earlier.

Sales rose from $1.21 billion to $1.29 billion, up nearly 7% from the previous year.

The banner bearing the company’s name has accelerated its comeback in recent years, but now that the growth of the Abercrombie brand has begun to slow, Hollister has taken over the baton. During the quarter, Abercrombie’s sales fell to $617.35 million, while comparable sales fell a staggering 7%. Sales were well below the $631.8 million analysts expected, according to StreetAccount.

Meanwhile, Hollister’s revenue rose to $673.27 million, well above the $649.7 million analysts expected, according to StreetAccount. Comparable sales increased 15%.

“Hollister’s exciting campaigns and planned collaborations will highlight some of the must-have items” as the retailer enters peak shopping season, Horowitz said on a call with analysts. “We are just getting started and more importantly our team is reading and responding and has the right product to support sales throughout the season.”

He also said that Abercrombie is investing more in the Hollister brand, and that the company is on track to open 25 stores and renovate 35 stores this year.

Horowitz said the slowdown at the Abercrombie brand last quarter was related to old inventory that the company had to lower its price to sell. He said he expected the brand to return to growth by the end of the year, but that no longer appears to be the case.

During Abercrombie’s conference call, executives did not respond when asked when the brand would return to growth. He was referring to the “sequential improvement” Abercrombie had seen following a 5% drop in revenue in the previous quarter. Horowitz noted recent collaborations with the NFL and luxury retailer Kemo Sabe as bright spots for the brand.

“Abercrombie Brands has inventory in the right place and a strong marketing plan heading into the holidays,” Horowtiz said. “We opened 30 new stores in the third quarter, we are targeting a total of 36 stores this year. We continue to focus on returning the brand to growth.”

According to LSEG, Abercrombie expects companywide sales to increase between 4% and 6% during the holiday quarter; This is well below Wall Street’s growth expectation of 5.6%. It forecasts earnings per share to be between $3.40 and $3.70; This is roughly in line with expectations of $3.55 per share.

According to LSEG, it expects sales to rise between 6% and 7% for the full year, greatly exceeding growth expectations of 6.2%.