Honest

Q2 FY2026 EarningsQ2 FY26 performance was a significant beat on the bottom line, with GAAP EPS of $0.09 compared to the $0.0033 consensus. Revenue of $83.3M exceeded the expected $77.8M despite strategic exits in Apparel and Canada, while gross margin surged to 48.4% (vs. 41.4% expected) driven by a one-time $6.6M tariff refund. Operating income reached $9.6M, far surpassing the $1.2M consensus, reflecting both the tariff windfall and successful cost optimization under the 'Powering Honest Growth' transformation program.