Overview

• Adjusted earnings were $2.32 per share on revenue of about $1.21 billion, narrowly topping Wall Street estimates, with comparable sales up 3%.
• Hollister delivered 19% net sales growth for its best-ever second quarter, while the Abercrombie brand declined 5% with comps down 11%.
• Full-year guidance now calls for 5% to 7% sales growth and diluted EPS of $10.00 to $10.50, up from prior targets.
• Management increased its expected fiscal 2025 tariff expense to roughly $90 million, or 170 basis points of net sales, and shares dipped in premarket trading.
• The company repurchased $50 million of stock in the quarter and announced a multiyear deal as the NFL’s first official fashion partner featuring athlete styling and player-designed apparel.