Abercrombie & Fitch (NYSE:ANF) announced second quarter 2025 financial results that narrowly beat analyst expectations, even as its comparable store sales fell 11% year-over-year.
The youth-focused apparel retailer saw its net sales for the period rise 7% to $1.21 billion, edging past the $1.20 billion expected by analysts, according to a LSEG survey.
The company noted that its Abercrombie brand net sales were down 5% during the quarter, compared with 26% growth a year earlier. Its Hollister brand sales, however, improved 19% year over year.
Abercrombie’s Q2 earnings per share, meanwhile, came in at $2.32, ahead of analyst expectations of $2.30.
“We are increasing our full-year net sales outlook, reflecting our strong positioning and growth trajectory, building on record 2024 results," Abercrombie & Fitch CEO Fran Horowitz said in a statement.
The company said it now expects its full-year revenue to increase 5% to 7%, compared with previous guidance of 3% to 6% growth.
Abercrombie, though, anticipates its earnings per share for the year will be between $2.05 and $2.25, which falls short of the Wall Street forecast of $2.53.
Abercrombie & Fitch shares moved up 0.5% to $97.19 in late-morning trading on Wednesday, paring gains from earlier in the session.