Abercrombie & Fitch Soars 37% on a $100M Tariff Refund and Raised Guidance, Ross and Kohl’s Hold Steady

Abercrombie & Fitch shares surged 37 percent following a strong Q2 sales beat and a $100M tariff refund. The retailer raised its annual earnings guidance and 2026 forecast, signaling renewed momentum despite a period of slow sales growth. This rally was driven by revenue exceeding estimates and significant growth within its flagship brand. Meanwhile, other retailers like Ross and Kohl’s remained steady as the preppy apparel company demonstrated a successful recovery in its financial performance.