RH stock slips after fiscal 2026 guidance update

Published on 09/24/2026 at 13:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RH stock stood at USD 124.59 on September 23, 2026, with a market capitalization of USD 2.35 billion. Fiscal Q2 revenue rose 2.6 percent year over year.

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RH (ISIN US74967X1037) stood at USD 124.59 on the NYSE on September 23, 2026, down 4.63 percent from the previous close. The stock is 47.96 percent below its 52-week high of USD 239.40, making the updated fiscal 2026 outlook the key operating reference for the current valuation.

Q2 revenue reaches USD 922.2 million

RH reported fiscal Q2 2026 net revenue of USD 922.2 million, an increase of 2.6 percent from the prior year. According to The Motley Fool, adjusted EBITDA margin reached 13.4 percent in the quarter, while management said revenue exceeded the high end of its guidance.

The earnings comparison was wider than the sales increase. Adjusted earnings per share reached USD 2.70 against a consensus estimate of USD 0.39, a USD 2.31 beat, according to the same Q2 2026 earnings coverage by The Motley Fool.

Guidance sets the valuation test

RH now expects fiscal 2026 revenue growth of 5.5 percent to 7.0 percent and an adjusted EBITDA margin of 15.0 percent to 16.2 percent. The guidance points to a business rebuilding growth while international expansion costs continue to affect profitability.

The company also projects USD 300 million to USD 400 million in free cash flow, asset sales and distributions from equity method investments for fiscal 2026. For investors, the contrast between 2.6 percent quarterly revenue growth and the full-year growth range makes execution in the second half particularly important.

RH Estates adds a growth pillar

On September 18, 2026, RH listed the opening of its first freestanding RH Estates gallery on Greenwich Avenue. The initiative expands the retailer's luxury home assortment and is part of the growth strategy cited in the fiscal 2026 outlook.

Stock remains below its yearly high

RH had a market capitalization of USD 2,354,875,590 as of September 23, 2026. At USD 124.59, the stock remained USD 114.81 below its 52-week high of USD 239.40, while its 52-week range extended from USD 106.30 to USD 239.40.