Earnings ·
Reformation Inc. reported second quarter fiscal 2026 results showing net revenue increased 24.1% to $155.2 million…
REFReformation Inc.
Reformation Inc. reported second quarter fiscal 2026 results showing net revenue increased 24.1% to $155.2 million, driven by a 21.2% rise in direct-to-consumer sales and a 48.7% increase in wholesale revenue. Net income grew 79.4% to $12.4 million, or $0.23 per diluted share, while adjusted EBITDA expanded 53.9% to $25.4 million with an improved margin of 16.4%. The company also announced a special cash dividend of $1.63 per share, totaling approximately $90.0 million, funded by proceeds from a $92.0 million term loan amendment executed on June 17, 2026. Full-year fiscal 2026 revenue guidance is set between $602 and $606 million. Reformation Inc. operates as a sustainable women’s fashion brand with global retail stores and e-commerce platforms.