RH

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.

RH reported its first quarter fiscal 2026 financial results, with net revenues decreasing 1.7% to $800.3 million and a GAAP net loss of $13.7 million. Despite challenges including higher backorder balances, the company raised its outlook for fiscal year 2026, projecting revenue growth of 4.5% to 8.0% and an adjusted EBITDA margin of 14.2% to 16.0%. RH also announced strategic initiatives including the launch of RH Estates to broaden its luxury design offerings and international expansion with new gallery openings in key European cities.

RH announced its 2026 Annual Meeting of Shareholders will be held on June 18, 2026, to address the election of three directors, an advisory vote on executive compensation, the frequency of future compensation votes, and the ratification of PricewaterhouseCoopers LLP as its independent auditor. The Board recommends voting 'FOR' all proposals and 'ONE YEAR' for the compensation vote frequency. The filing also highlighted strong fiscal 2025 financial performance, with GAAP net revenues increasing 8.1% to $3.440 billion and GAAP net income rising 72.3% to $125 million.