Form 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 2, 2026or☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period fromtoCommission File Number 001-12107Abercrombie& Fitch Co.(Exact name of Registrant as specified in its charter) 31-1469076 (I.R.S. Employer Identification No.) (State or other jurisdiction of incorporation or organization) 6301 Fitch Path,New Albany,Ohio(Address of principal executive offices) 43054(Zip Code) Registrant’s telephone number, including area code: (614) Not Applicable (Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on which registered Trading Symbol(s) New York Stock Exchange Class A Common Stock, $0.01 Par Value ANF Indicate by check mark whether the Registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2)has been subject to such filingrequirements for the past 90 days.YesNo Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit suchfiles).YesNo Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. Large accelerated filerAcceleratedfilerNon-accelerated filerSmallerreportingcompany☐Emerging growthcompany☐ If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).☐YesNo Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. Shares outstanding as of May29, 2026 44,431,710 Table of Contents PART I. FINANCIAL INFORMATION Item 1.Financial Statements (Unaudited)Condensed Consolidated Statements of Operations and Comprehensive Income3Condensed Consolidated Balance Sheets4Condensed Consolidated Statements of Stockholders’ Equity5Condensed Consolidated Statements of Cash Flows6Index for Notes to Condensed Consolidated Financial Statements7Notes to Condensed Consolidated Financial Statements8Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations20Item 3.Quantitative and Qualitative Disclosures About Market Risk32Item 4.Controls and Procedures33PART II. OTHER INFORMATIONItem 1.Legal Proceedings34Item 1A.Risk Factors34Item 2.Unregistered Sales of Equity Securities and Use of Proceeds34Item 5.Other Information35Item 6.Exhibits35Signatures36 PART I. FINANCIAL INFORMATION Item1.Financial Statements (Unaudited) Abercrombie & Fitch Co.Condensed Consolidated Statements of Operations and Comprehensive Income(Thousands, except per share amounts)(Unaudited) Abercrombie & Fitch Co.Condensed Consolidated Balance Sheets(Thousands, except par value amounts)(Unaudited) Abercrombie & Fitch Co.Condensed Consolidated Statements of Stockholders’ Equity(Thousands, except per share amounts)(Unaudited) Abercrombie & Fitch Co.Condensed Consolidated Statements of Cash Flows(Thousands)(Unaudited) Abercrombie & Fitch Co.Index for Notes to Condensed Consolidated Financial Statements (Unaudited) PageNo.Note1.NATURE OF BUSINESS8Note2.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES8Note3.REVENUE RECOGNITION10Note4.NET INCOME (LOSS) PER SHARE11Note5.FAIR VALUE11Note6.PROPERTY AND EQUIPMENT, NET12Note7.LEASES12Note8.ASSET IMPAIRMENT13Note9.INCOME TAXES13Note10.BORROWINGS14Note11.SHARE-BASED COMPENSATION14Note12.DERIVATIVE INSTRUMENTS16Note13.ACCUMULATED OTHER COMPREHENSIVE LOSS17Note14.SEGMENT REPORTING17Note15.CONTINGENCIES19 Abercrombie & Fitch Co. Notes to Condensed Consolidated Financial Statements (Unaudited) 1. NATURE OF BUSINESS Abercrombie& Fitch Co. (“A&F”), a company incorporated in Delaware in 1996, through its subsidiaries (collectively, A&F and itssubsidiaries are referred to as the “Company”), is a global, digitally-led omnichannel retailer. The Company offers a broad assortment ofapparel, personal care products and accessories for men, women and kids, which are sold primarily through its Co