ABERCROMBIE & FITCH CO /DE/ has recently released its 10-Q report. The company operates as an omnichannel retailer across the Americas, Europe, the Middle East, Africa and the Asia-Pacific region, selling apparel, personal care products and accessories for men, women and kids. Its brands include Abercrombie & Fitch, abercrombie kids, Your Personal Best, Hollister and Gilly Hicks, with sales coming through stores, wholesale, franchise and licensing arrangements, and e-commerce.
Item 2 of the filing focuses on management’s discussion of operating results and financial condition, and it places emphasis on measures management says help compare performance across periods. One of those measures is comparable sales, which combines same-store sales from locations open at least one year and digital net sales, while excluding revenue outside store and digital sales. Management says it uses this metric to separate growth from existing locations from growth tied to new store openings or closures.
The company also presents adjusted non-GAAP figures that exclude a Litigation Settlement and related legal fees. In the 13 weeks ended August 1, 2026, net sales were $1.267 billion, up 5% from $1.209 billion a year earlier; for the 26-week period, net sales rose 3% to $2.381 billion from $2.306 billion. Operating income increased to $252.7 million from $206.7 million in the quarter, and to $341.5 million from $308.2 million for the half year.
On a constant-currency basis, the quarter’s operating income was $252.7 million versus $168.9 million a year earlier, and the 26-week figure was $341.5 million versus $277.9 million. Net income per diluted share was $4.17 in the quarter, compared with $2.91 a year earlier, and $5.59 for the first 26 weeks, compared with $4.47. Excluding the prior-year settlement item, adjusted net income per share was $4.17 in the quarter versus $2.32, and $5.59 for the half year versus $3.90.
EBITDA for the quarter was $296.0 million, up from $244.1 million, and adjusted EBITDA was also $296.0 million after removing the prior-year settlement effect. For the 26 weeks, EBITDA was $427.1 million versus $384.2 million, while adjusted EBITDA was $427.1 million versus $345.6 million. Net income for the quarter was $185.5 million, up from $143.4 million, and six-month net income was $253.7 million, up from $225.1 million. The market has reacted to these announcements by moving the company's shares 4.27% to a price of $149.67. For the full picture, make sure to review ABERCROMBIE & FITCH CO /DE/'s 10-Q report.
