RH (RH) Stock Forecasts

RH reported Q2 revenue of $922.2M, up 2.6% YoY, and adjusted EBITDA margin of 13.4%, beating guidance. Management raised fiscal 2026 outlook, targeting 5.5% to 7% revenue growth. RH Estates, a luxury home collection, is expected to drive future growth, with international expansion and new gallery formats also highlighted. Challenges include supply chain costs and housing market downturn.

RH reported Q2 2026 sales growth of 2.9% to $922.2M, with net income of $60M and EBITDA of $168.3M. The company highlighted strong UK performance, calling its London launch 'spectacular' and expecting international growth to improve. CEO Gary Friedman noted significant investments in global flagships and a robust design pipeline.

RH, Floor & Decor, Lowe's, Home Depot, and Williams-Sonoma reported Q2 earnings. RH revenue grew 2.6% YoY, beating estimates. Floor & Decor revenue rose 3% YoY, outperforming expectations. Lowe's revenue increased 8.3% YoY but missed EPS and revenue guidance. Home Depot revenue grew 5.7% YoY, beating estimates. Williams-Sonoma revenue rose 6.7% YoY, surpassing expectations. Shares of these companies have declined since earnings reports.

RH, a luxury retailer, received $69.2M in tariff refunds, boosting Q2 earnings. $55.1M improved gross margins, while $13.9M will benefit future quarters. RH plans to use $50M to offset supply-chain costs, leaving $19M for earnings. Q2 revenue rose 15.2% YoY to $922.2M, with net income up 16.4% YoY to $60.2M. RH's stock fell to $134.07 after tariff announcements in 2025.

RH reported Q2 2026 revenue of $922.2M, up 2.6% YoY, exceeding guidance. GAAP net income was $60.2M, with EBITDA at $168.3M. The company expects 5.5% to 7.0% revenue growth for fiscal 2026, with adjusted EBITDA margins of 15.0% to 16.2%. RH sees international expansion as a near-term margin drag but anticipates improvement in 2027.

RH forecasts Q3 revenue growth of 5-6% and Q4 growth of 16.1-21.2%, with adjusted EBITDA margins of 12.5-13.5% and 19.7-22.9% respectively. The company expects $13.9M in tariff benefits for the second half, offsetting supply-chain costs. RH Estates, a new furniture collection, is projected to double the company's addressable market and become 50% of its offering within five years. RH also plans international expansion and new gallery strategies to reduce costs and improve returns.