RH Q2 FY26 GAAP net income rises 16.37% to USD 60.2 million; GAAP net revenues increase 2.6% to USD 922.2 million

Reuters2026/09/10 20:34

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RH posted fiscal Q2 GAAP net revenues up 2.6% to $922.2 million; GAAP net income rose 16.36% to $60.2 million.
GAAP operating income fell 16.53% to $107.6 million, as selling, general and administrative expenses climbed to $337.3 million.
Adjusted EBITDA slipped to $178.5 million; normalized adjusted EBITDA dropped to $123.5 million, excluding a $55.1 million IEEPA tariff refund benefit.
Gross margin widened 2.7 percentage points to 48.2%, helped by $55 million of IEEPA tariff refunds; another $14 million inventory benefit is expected later.
Forecasts fiscal 2026 revenue growth of 5.5% to 7% with adjusted EBITDA margin of 15% to 16.2%; expects free cash flow and other proceeds of $300 million to $400 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RH published the original content used to generate this news brief on September 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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RH Q2 FY26 GAAP net income rises 16.37% to USD 60.2 million; GAAP net revenues increase 2.6% to USD 922.2 million

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