RH reports Q2 revenue beats guidance
RH said second-quarter net revenues rose 2.6% year over year to $922.2 million and exceeded the top end of guidance. The company also lifted its fiscal 2026 outlook for revenue growth and adjusted EBITDA margin.
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RH said second-quarter net revenues rose 2.6% year over year to $922.2 million and exceeded the top end of guidance. The company also lifted its fiscal 2026 outlook for revenue growth and adjusted EBITDA margin.
Abercrombie & Fitch shares are lower Thursday after a post-earnings rally. The apparel retailer reported record Q2 net sales of $1.27 billion and raised fiscal 2026 sales growth to ~5% and EPS to $13.10-$13.60.
American Eagle Outfitters shares climbed Wednesday after peer Abercrombie & Fitch reported record second-quarter net sales, adjusted EPS of $4.17 and raised full-year guidance.
Abercrombie & Fitch shares surged after the company said second-quarter brand sales were its best ever and tariff refunds boosted results, while it also raised fiscal 2026 guidance.
The Dow Jones fell more than 150 points Wednesday, while J.M. Smucker shares rose about 3% after better-than-expected first-quarter results and raised FY27 guidance above estimates.
Abercrombie & Fitch shares rose 31.6% after the company reported second-quarter earnings of $4.17 per diluted share versus $1.99 expected and raised its fiscal 2026 outlook above estimates.
Abercrombie & Fitch beats earnings expectations despite sales decline in Europe, Middle East and Africa due to Iran conflict. Sales fell 10% in the region.