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RH (RH) Q1 2027 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 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

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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

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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.

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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.

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Also, during this call, we may discuss

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World Cup bus set alight as chaotic celebrations erupt in Manhattan after Knicks win


World Cup bus set alight as chaotic celebrations erupt in Manhattan after Knicks win

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Chipotle and 5 More Restaurant Stocks That Look Appetizing

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The Index Says Euphoria. But Don’t Panic.

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Robinhood Insider Buys $35 Million in Stock. There’s a Catch.

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Quantum Insiders Are Selling Millions Worth of Stock. Does It Matter?

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Exclusive | OpenAI Investigated by Coalition of State Attorneys General

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Exclusive | OpenAI Investigated by Coalition of State Attorneys General

A coalition of state attorneys general has opened an investigation into OpenAI, according to people familiar with the matter, the latest in a series of legal actions by states directed at artificial intelligence companies.

OpenAI was served Friday with a subpoena seeking documents related to a range of its activities and impact on users, including advertising, user engagement and retention, handling of consumer data and health data, activities related to minors and seniors, deep learning models, model sycophancy and company policies, some of the people said. The subpoena, viewed by The Wall Street Journal, was sent by New York’s attorney general.

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Nara Organics infant formula recalled after 3 babies get botulism

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Nara Organics infant formula recalled after 3 babies get botulism

Federal health officials are urging parents to immediately stop using a popular organic infant formula after three babies were hospitalized with botulism in a multistate outbreak linked to the product.

The Centers for Disease Control and Prevention said all three infants consumed Nara Organics Whole Milk Organic Infant Formula before becoming ill.

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The babies, who ranged in age from 2 to 5 months, were hospitalized and treated with BabyBIG, the FDA-approved treatment for infant botulism.

The cases were reported in California, Pennsylvania and Washington, according to the CDC.

POPULAR PET FOOD BRAND HALTS PRODUCTION AFTER FDA WARNS OF POSSIBLE DANGEROUS CONTAMINATION

Nara Organics Whole Milk Organic Infant Formula container

Federal health officials are urging parents to stop using Nara Organics Whole Milk Organic Infant Formula after three infants were hospitalized with botulism. (Food and Drug Administration / Unknown)

Nara Organics on Friday recalled all lots and can sizes of its Whole Milk Organic Infant Formula, and federal health officials are investigating whether the product was the source of the outbreak.

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Testing of opened and unopened formula samples is underway, with results expected in the coming weeks.

Nara Organics confirmed the recall in a statement posted on its website.

THREE MAJOR HOSPITAL SYSTEMS ACCUSE CVS OF SECRETLY SIPHONING HUNDREDS OF MILLIONS IN DRUG SAVINGS

CDC Sign

Three infants were hospitalized with botulism in a multistate outbreak linked to recalled Nara Organics infant formula, according to the CDC. (Nathan Posner/Anadolu Agency via Getty Images / Getty Images)

“Stop using all Nara Organics infant formula immediately,” the company wrote. “We are heartbroken for the concern and stress this may cause your family.”

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The formula is sold nationwide through Target stores, Target.com and Nara.com.

The CDC advised parents and caregivers to throw away or return any unopened cans of the recalled formula.

FDA ISSUES HIGHEST-RISK RECALL FOR ALFREDO SAUCE SOLD IN 41 STATES

Baby drinks from milk bottle

Three infants ranging in age from 2 to 5 months were hospitalized after consuming the recalled formula, federal health officials said. (iStock / iStock)

Officials said opened cans may be retained and stored separately if an infant develops symptoms, as state health departments may request samples for testing.

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According to the CDC, infant botulism occurs when spores from Clostridium botulinum bacteria enter a baby’s digestive tract and produce a dangerous toxin.

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Early symptoms can include constipation, difficulty feeding, a weak or altered cry and loss of head control.

Parents should seek immediate medical attention if an infant who consumed the recalled formula develops symptoms including poor feeding, difficulty swallowing, decreased facial expression or loss of head control, health officials said.

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Brookfield Is Buying the Rest of Oaktree Capital for $3 Billion to Build a Cash Machine

Business partnerships can try men’s souls—never mind the wallets of those who invest in them. So far, though, the tie-up between super-investors Bruce Flatt, CEO of Brookfield, and Howard Marks, co-chairman of Oaktree Capital Management, seems to be mostly friction-free and fruitful.

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Analysts Report on Zscaler and Four More Stocks

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Take-Two, Mondelez Get Analyst Attention

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