Reformation (REF) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- 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.
How the report landed
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.
Coverage in the report window
- 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
Where TrendMatrix's rating stands now
TrendMatrix currently rates REF Sell at 6.3/10.
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: 2026-11-05.
What supports the rating
- Earnings estimates trending UP
- Strong growth profile
What argues against it
- Thin upside margin: 7.5%
- Sector modifier (Consumer Cyclical): -1.5
- Leverage penalty (D/E 1.2): -0.5
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.
The levels TrendMatrix's engine tracks
- Current price
- $15.58
- Price target
- $16.75
- Stop
- $14.49
- Upside to target
- +7.5%
- Reward-to-risk
- 0.5:1
The stock trades at 77.9× trailing but 20.8× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 1.5× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-24 — shown for context, not personalized investment advice.
REF at TrendMatrix's latest read
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
- $920.5M
- P/E (fwd)
- 20.8
- P/E (ttm)
- 77.9
- 52-week range
- $11.85–$17.26
- Off 52-week high
- 9.7%
- RSI (14)
- 70
- Volume vs avg
- 1.54×
- Score today
- 6.3/10