“Net cash used for investing activities for the fiscal year-to-date period ended August 2, 2025 was primarily used for capital expenditures of $116.9 million, partially offset by the maturity of $85.0 million of marketable securities.”10-Q · Sep 4, 2026 ↗
Abercrombie & Fitch Co.
ANF
You’ve read what changed. Here’s whether the market is confirming it.
Market read
Abercrombie & Fitch Co.'s current read is isolated; its market group is not confirming.
The latest filing evidence is available. 0 of 6 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
- Revenue increased 1.5% versus the comparable filing period.
- Operating margin fell 1.3 percentage points.
- ANF's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if ANF's group or a disclosed connection begins moving with it.
Research brief
The story so far
The latest filing evidence is available. 0 of 6 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
- Revenue increased 1.5% versus the comparable filing period.
- Operating margin fell 1.3 percentage points.
- Net income decreased 16.5% versus the comparable filing period.
- Net margin fell 1.3 percentage points.
- ANF's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +6.4% year over year.
- Operating margin changed -1.7 percentage points in the latest annual period.
- Net margin changed -1.8 percentage points in the latest annual period.
No credible peer-relative valuation comparison is available yet.
Price as of Sep 11, 2026
145.30Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“36 2026 2Q Form 10-Q Table of Contents Operating activities - For the fiscal year-to-date period ended August 1, 2026, net cash provided by operating activities increased by $200.5 million, primarily related to an increase in net income due to the 3% year-ove…”10-Q · Sep 4, 2026 ↗
“36 2026 2Q Form 10-Q Table of Contents Operating activities - For the fiscal year-to-date period ended August 1, 2026, net cash provided by operating activities increased by $200.5 million, primarily related to an increase in net income due to the 3% year-ove…”10-Q · Sep 4, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for ANF. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Earlier comparable assessment · baseline
The latest filing shows material pressure
10-Q filed 2026-06-05 against the comparable filing from 2025-06-06.
A newer Struct brief is shown above. This older assessment remains here for comparison, not as the current read.
What improved
- Revenue increased 1.5% versus the comparable filing period.
What weakened
- Operating margin fell 1.3 percentage points.
- Net income decreased 16.5% versus the comparable filing period.
- Net margin fell 1.3 percentage points.
Filing receipts
“Investing activities - For the fiscal year-to-date period ended May 2, 2026, net cash used for investing activities increased by $30.6 million primarily related to capital expenditures of $61.3 million Net cash used for investing activities for the fiscal year-to-date period ended May 3, 2025 was primarily used for capital expenditures of $50.8 million, partially offset by the maturity of $20.0 million of marketable securities.”
“29 2026 1Q Form 10-Q Table of Contents Operating activities - For the fiscal year-to-date period ended May 2, 2026, net cash provided by operating activities increased by $48.3 million, primarily related to $32.8 million in lower inventory receipts and increased cash receipts as a result of the 2% year-over-year increase in net sales, as well as $9.6 million from the impact from changes in accounts payable and accrued expenses related to the timing of merchandise payables and decreased incentive compensation payments.”
“During the fiscal year-to-date period ended May 3, 2025, net cash used for operating activities included an increase in cash outflows related to the timing of merchandise and advertising payables, partially offset by increased cash receipts as a result of the 8% year-over-year increase in net sales.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Business ecosystem
The relationships behind ANF
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depended on by
MMacy's, Inc.competitorJun 4, 2026 ▾
“In addition, we expanded Abercrombie kids offerings to infants and toddlers, and further expanded store distribution of Reiss, Free People, Theory and Rodd & Gunn.”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
ANF is currently a Early Follower in the organic co-movement group Apparel Retail. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.