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RH (RH) Q1 2027 Earnings Call Transcript


Q1: 2026-06-11 Earnings Summary

EPS of -$1.97 beats by $0.10

 | Revenue of $800.33M (-1.67% Y/Y) beats by $7.94M

RH (RH) Q1 2027 Earnings Call June 11, 2026 5:00 PM EDT

Company Participants

Gary Friedman – Chairman & CEO
Jack Preston – Chief Financial Officer

Conference Call Participants

Allison Malkin – ICR Inc.
Steven Forbes – Guggenheim Securities, LLC, Research Division
Michael Lasser – UBS Investment Bank, Research Division
Simeon Gutman – Morgan Stanley, Research Division
Maksim Rakhlenko – TD Cowen, Research Division
Brian Nagel – Oppenheimer & Co. Inc., Research Division
Zachary Fadem – Wells Fargo Securities, LLC, Research Division
Jonathan Matuszewski – Jefferies LLC, Research Division

Presentation

Operator

Hello, and welcome to the RH First Quarter Fiscal 2026 Earnings Call. [Operator Instructions]

I would now like to turn the conference over to Allison Malkin of ICR. Allison, please go ahead.

Allison Malkin
ICR Inc.

Thank you. Good afternoon, everyone. Thank you for joining us for our first quarter fiscal 2026 earnings call. Joining me today are Gary Friedman, Chairman and Chief Executive Officer; and Jack Preston, Chief Financial Officer.

Before we start, I’d like to remind you of our legal disclaimer that we will make certain statements today that are forward-looking within the meaning of the federal securities laws, including statements about our outlook of our business and other matters referenced in our press release issued today. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially. Please refer to our SEC filings as well as our press release issued today for a more detailed description of the risk factors that may affect our results. Please also note that these forward-looking statements reflect our opinions only as of the date of this call, and we undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events.

Also, during this call, we may discuss



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