Reformation (REF) Q2 2026 earnings — TrendMatrix coverage

Adjusted EPS

$0.24

Estimate

$0.22

Surprise

+7.4%

Revenue (period 2026-06-27)

$155.2M

Score at report (before → after)

6.1 → 6.0/10

Revenue source: xbrl.

Reformation (REF) beat the $0.22 estimate with adjusted EPS of $0.24 — a clear 7.4% upside surprise. TrendMatrix's engine moved from Hold (6.1/10) to Sell at 6.0/10 after the report — the engine's score fell despite the beat.

• Reformation Reports Q2 2026 Results: Full Earnings Call Transcript — benzinga, 2026-09-11
• 12 Consumer Discretionary Stocks Moving In Thursday's After-Market Session — benzinga, 2026-09-10

TrendMatrix currently rates REF Sell at 5.9/10.

1 of the last 1 quarters beat the estimate; this quarter's +7.4% surprise compares with a +7.4% four-quarter average. Next scheduled report: 2026-11-10.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$12.85

Price target

$16.75

Stop

$11.95

Upside to target

+30.4%

Reward-to-risk

2.2:1

Model outputs from TrendMatrix’s engine as of 2026-10-04 — shown for context, not personalized investment advice.

Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.

Industry

Apparel Retail

Market cap

$759.2M

P/E (fwd)

16.6

P/E (ttm)

55.9

52-week range

$11.85–$17.26

Off 52-week high

25.6%

RSI (14)

38

Volume vs avg

0.75×

Score today

5.9/10