Quarterly ResultJun 11, 2026, 05:11 PM
RH Reports Q1 Fiscal 2026 Net Loss of $13.7M, Revenue Declines
AI Summary
RH reported a net loss of $13.7 million for the first quarter of fiscal 2026, a significant shift from a net income of $8.0 million in the prior year. Net revenues also saw a decline, falling to $800.3 million from $814.0 million year-over-year. The company's balance sheet shows an increase in both total assets and total liabilities, while stockholders' equity experienced a decrease. Basic and diluted net loss per share were both $0.73 for the quarter.
Key Highlights
- RH reported a net loss of $13.7 million for the first quarter of fiscal 2026, compared to a net income of $8.0 million in the prior year period.
- Net revenues decreased to $800.3 million for the first quarter of fiscal 2026, down from $814.0 million in the same period last year.
- Basic net loss per share was $0.73 for the first quarter of fiscal 2026, compared to basic net income per share of $0.43 in the prior year.
- Diluted net loss per share was $0.73 for the first quarter of fiscal 2026, compared to diluted net income per share of $0.40 in the prior year.
- Total assets increased to $4.95 billion as of May 2, 2026, from $4.84 billion as of January 31, 2026.
- Total liabilities increased to $4.89 billion as of May 2, 2026, from $4.78 billion as of January 31, 2026.
- Total stockholders' equity decreased to $56.9 million as of May 2, 2026, from $60.6 million as of January 31, 2026.
Price Impact
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