Filing Flows › Abercrombie & Fitch (ANF) › Q1 FY27 › vs Q4 FY26
Abercrombie & Fitch (ANF) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Abercrombie & Fitch's revenue fell $556M (-33%) from $1.7B in Q4 FY26 to $1.1B in Q1 FY27. The biggest changes: Hollister −$314M (-36%); Abercrombie −$242M (-30%). Operating margin 8.0% against 14.1% (-6.2 pts).
Abercrombie & Fitch, Q1 FY27: revenue $1.1B (+2% year over year), operating margin 8.0%, net earnings $67.1M, operating cash flow $44.3M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Operating margin | 8.0% | 14.1% | -6.2 pts |
| Net margin | 6.0% | 10.3% | -4.3 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Abercrombie | $565M | $807M | −$242M | -30% |
| Hollister | $549M | $863M | −$314M | -36% |
| Revenue | $1.1B | $1.7B | −$556M | -33% |
| Other income, net | $5.3M | $6.4M | −$1.1M | -18% |
| Operating profit | $88.8M | $236M | −$147M | -62% |
| Costs & expenses | $1.0B | $1.4B | −$409M | -29% |
| Pre-tax earnings | $94.1M | $242M | −$148M | -61% |
| Cost of revenue | $414M | $676M | −$263M | -39% |
| Sales & marketing | $431M | $575M | −$144M | -25% |
| General & admin | $183M | $182M | $935K | +0.5% |
| Net earnings | $67.1M | $172M | −$105M | -61% |
| Minority interests | $985K | $2.6M | −$1.7M | -63% |
| Income tax | $26.0M | $67.6M | −$41.6M | -62% |
| Operating cash sources | $122M | $222M | −$101M | -45% |
| Depreciation & amortization | $42.3M | $40.5M | $1.8M | +5% |
| Share-based compensation | $12.1M | $9.6M | $2.5M | +26% |
| Working capital & other | $77.3M | −$84.0M | $161M | — |
| Operating cash flow | $44.3M | $306M | −$262M | -86% |
| Capital expenditures | $61.3M | $55.6M | $5.8M | +10% |
| Negative free cash flow (OCF − capex) | $17.1M | −$251M | $268M | — |
Questions
How much did Abercrombie & Fitch's revenue grow quarter over quarter in Q1 FY27?
Abercrombie & Fitch's revenue fell $556M (-33%) from $1.7B in Q4 FY26 to $1.1B in Q1 FY27.
What drove Abercrombie & Fitch's revenue change in Q1 FY27?
Hollister −$314M (-36%); Abercrombie −$242M (-30%).