RH (NYSE: RH) dropped its second-quarter fiscal 2026 results after Thursday's closing bell, and the market liked what it saw. The company beat EPS estimates handily while revenue came in slightly below expectations. Mixed, yes, but investors focused on the bottom line.

RH Q2 Details

RH reported quarterly earnings of $2.70 per share, which beat the Street estimate of $1.78 by 51.69%, according to market data.

Quarterly revenue of $922.15 million missed the analyst consensus estimate of $936.25 million, but was up from $899.15 million in the same period last year.

RH recognized a tariff benefit of $55.1 million in the second quarter and expects to recognize an additional $13.9 million tariff benefit in the second half of the year.

The retailer said it plans to use the refund "to offset $50 million of unplanned cost increases across our supply chain due to the significant and sustained spike in oil prices as a result of the continued conflict in the Middle East."

Looking Ahead

RH narrowed its fiscal 2026 revenue outlook to a range of $3.63 billion to $3.68 billion, versus the $3.63 billion analyst estimate.

RH Stock Price: According to market data, RH stock was up 5.84% to $141.85 in Thursday's extended trading.