RH

Q2 FY2027 EarningsQ2 FY26 results presented a mixed performance with a top-line beat but significant bottom-line contraction. Revenue reached $942M, exceeding the $916.2M consensus by 2.8%, driven by resilient demand in the luxury design market. However, adjusted EPS of $0.42 missed the $0.46 mean estimate as gross margins fell to 42.1%, 1.42pct below expectations. Management maintained FY26 guidance but warned of ongoing macro headwinds in the housing market, leading to a cautious outlook despite the revenue upside.