Markets
The refund was $100 million. The other part is why Abercrombie jumped 36 percent.
Abercrombie & Fitch Co. closed at $147.75 on August 26, 2026, up $38.85, or 35.67 percent, from $108.90. That is the New York Stock Exchange session, not the 11 percent some morning wires printed before the open. Fiscal second-quarter sales were about $1.27 billion, up 5 percent. Diluted earnings were $4.17 a share. About $1.75 of that, and 790 basis points of the 19.9 percent operating margin, came from International Emergency Economic Powers Act tariff refunds. Take the check out and the quarter still beat the May outlook. Abercrombie the brand did the growth work. Hollister, still the larger name, did not.