On August 26, Abercrombie & Fitch rose 10.09% in pre-market trading, trading at 115.1 USD/share, with turnover of approximately $3.013 million.

On the news front, the company released its fiscal Q2 earnings report before market open, with results exceeding market expectations. UBS had previously noted in a research report that the company was likely to post a Q2 earnings beat on better-than-expected sales, maintaining a buy rating and a $153 price target. UBS expects EPS to grow at a 12% compound annual growth rate over five years, with more robust growth momentum anticipated in the second half. The company's full-year EPS guidance of $10.20 to $11.00 stands above the market consensus estimate. UBS also noted that while upside beyond the results may be limited as the market had partially priced in a similar outcome, the company's brands have bolstered their position in specialty retail and can deliver robust growth beyond the current fiscal year despite EMEA headwinds stemming from geopolitical tensions in the Middle East.

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