What move does the options market price into Abercrombie & Fitch's report?

Implied ±9.5%, either direction.

How often does Abercrombie & Fitch move more than the options market prices?

3 of the last 7 reports moved at least as far as the implied move.

ANFNYSERetail-Family Clothing Stores

Abercrombie & Fitch Co (ANF) earnings date, market-implied expected move, and options open interest by expiry

164.50

Closed19:04 ET

Open165.82Volume788,119Mkt cap$7.0BP/E13.94EPS11.80

Day162.43 – 165.8261%52-wk65.45 – 167.0997%

ANF

Abercrombie & Fitch Co

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±9.5%implied · report alone

8Q avg ±7.9%·×1.20·rich

148.83180.05

straddle ±13.8%

spot 164.44exp Nov 27ATM strike 165ATM straddle 26.65IV 73%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 25

after close · in 24 days

est.Q3 FY26

Calendar

Next report

Last report

+35.67%

shaded = implied · ▲▼ = realized

Aug 26 '26 · confirmed

Implied vs realized

Linked news

44dMAC · supplierStrong Execution Strengthens Macerich (MAC) in Q2

News

Largest filed tie

13F top-10 QoQ

+9.07%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

420 managers

Top fund weight

0.12%

ANF weight · IWM

N-PORTJun 30 '26

5 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Abercrombie & Fitch (ANF) is expected to report on Nov 25 after close (estimated date).

Implied vs realized

8 reports

3 of 7≥ implied

avg implied: ±5.0%
avg realized: ±3.9%

Nov 27 '24Nov 27 '24confirmed±1.5%▲+0.76%×0.50

Mar 6 '25Mar 6 '25confirmed±3.0%▲+2.93%×0.96

May 29 '25May 29 '25confirmed±2.7%▼−5.48%×2.06

Aug 28 '25Aug 28 '25confirmed±2.0%▼−3.10%×1.58

Q3 FY25Nov 26 '25confirmed±2.3%▲+2.87%×1.26

Mar 4 '26Mar 4 '26confirmed±11.4%▼−3.60%×0.32

Q1 FY26May 27 '26confirmed±12.0%▲+8.88%×0.74

Q2 FY26Aug 26 '26confirmed—▲+35.67%—

quarterimplied−40%0+40%realized×

Q2 FY26—▲+35.67%—

Q1 FY26±12.0%▲+8.88%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 10 expiries · Oct 30 close

0.28OI · 10 expiries · Oct 30 closeP/C open interest · Nov 27 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

823+32%Nov 65d0.771,070+40%0.77

191+19%Nov 1312d0.39485+7%0.39

5,058+1%Nov 2019d0.846,056+3%0.84

report · Nov 25 · after close · est.

101—Nov 2726d362—

14+367%Dec 433d7.0020%7.00

0—Dec 1140d—0——

4 later expiries

6,2970%Dec 1847d0.788,0780%0.78

3,596+2%Jan 1575d0.68

ExpiryPutsCallsP/C

Nov 65d823+32%1,070+40%0.77

Nov 1312d191+19%485+7%0.39

Nov 2019d5,058+1%6,056+3%0.84

report · Nov 25 · after close · est.

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±13.8%

Funds 4

IWM±0.0%

MDY±0.0%

UWM±0.0%

VTI±0.0%

Suppliers 1

MAC±2.3%×0.17

Dashed = straddle · × = co-movement · max 500dMethod 1 more fund Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

14.65%as filednet margin · revenue +13.72% QoQ · +4.81% YoY

Revenue

$1.3B+13.72% QoQ

Gross profit

$901M+28.66% QoQ

71.10% margin

Operating income

$253M+184.58% QoQ

19.95% margin

Pre-tax income

$260M+176.66% QoQ

Net income

$186M+172.37% QoQ

14.65% margin

Cost of revenue

$366M−11.53% QoQ

Operating expenses

$648M+6.00% QoQ

Tax

$75M+187.90% QoQ

Other income

$8M+43.58% QoQ

Revenue$1.3B+13.72%

Gross profit

$901M+28.66%

71.10% margin

Operating income

$253M+184.58%

19.95% margin

Pre-tax income

$260M+176.66%

Net income

$186M+172.37%

14.65% margin

Cost of revenue

$366M−11.53%

Operating expenses

$648M+6.00%

Other income$8M+43.58%

Tax$75M+187.90%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Aug 1 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 19:00 ET

Intraday

Event sensitivity

CPROF ×1.72· ±4.5% vs ±2.6% · 12 releases

eventrelease day|move|up · n×base

CPROFcorporate profits±4.5%8 of 12×1.72

PCEpersonal income & outlays±3.7%8 of 19×1.42

GDPgross domestic product±3.3%11 of 19×1.27

PPIproducer prices±3.1%3 of 10×1.22

FOMCrate decision±2.3%14 of 24×0.88

NFPjobs report±2.1%3 of 10×0.80

CPIconsumer prices±2.0%8 of 10×0.77

Bar = avg |move| to ±5% · tick = ±2.6% avg day · ×base = |move| ÷ ±2.6% · min 6 releases

Earnings history

EPS 4.17 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 26 '26 · confirmed	4.17	—
Q1 FY26	May 27 '26 · confirmed	1.47	—
Q3 FY25	Nov 26 '25 · confirmed	2.36	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod