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Did They Put Up? Recapping RH Actuals vs. Consensus

More Mixed than Meets the Eye - But Still Worth Some Relief

Consensus Media's avatar
Consensus Media
Sep 10, 2026
∙ Paid

Sell side so lazy they didn’t include tariff refund benefits, so all of the profit values for RH here are juiced, and not by fundamentals.

3Q numbers take yet another enormous haircut, while Gary says ‘4Q is amazing!!!’.

Scummy for them to change the FCF forecast to now include asset sales and distribution of equity method investments, but not include any lift to numbers.

Take a look at the full detail:

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