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RH Q2 earnings hit by housing market woes and expansion costs, EPS seen dropping sharply.

Company Fundamentals
10 Sep 2026
Gordon Thompson
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Bearish
RH Q2 earnings hit by housing market woes and expansion costs, EPS seen dropping sharply.

RH is set to report Q2 2026 earnings facing challenges from a weak housing market and international expansion expenses. Analysts expect earnings per share to fall significantly to between $0.38 and $0.46, down from $2.93 last year, despite a slight revenue increase to around $915 million. Supply chain issues and startup costs are pressuring profitability margins. Despite a recent stock dip, JP Morgan maintains a positive long-term outlook with an Overweight rating on RH.

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