RH (NYSE:RH) posted mixed second-quarter fiscal 2026 results after Thursday’s closing bell, beating EPS estimates and revenue coming in slightly below expectations.
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RH Q2 Details
RH reported quarterly earnings of $2.70 per share, which beat the Street estimate of $1.78 by 51.69%, per Benzinga Pro data.
Quarterly revenue of $922.15 million missed the analyst consensus estimate of $936.25 million, but was up from $899.15 million in the same period last year.
RH recognized a tariff benefit of $55.1 million in the second quarter and expects to recognize an additional $13.9 million tariff benefit in the second half of the year.
The retailer said it plans to use the refund “to offset $50 million of unplanned cost increases across our supply chain due to the significant and sustained spike in oil prices as a result of the continued conflict in the Middle East.”
Looking Ahead
RH narrowed its fiscal 2026 revenue outlook to a range of $3.63 billion to $3.68 billion, versus the $3.63 billion analyst estimate.
RH Stock Price: According to data from Benzinga Pro, RH stock was up 5.84% to $141.85 in Thursday’s extended trading.
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