Reformation (NYSE:REF) Announces Quarterly Earnings Results

Posted by George Bondi on Sep 10th, 2026

Reformation (NYSE:REF – Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.03, Zacks reports.

Reformation Stock Down 3.4%

Shares of NYSE REF traded down $0.47 during midday trading on Thursday, reaching $13.18. The company had a trading volume of 513,668 shares, compared to its average volume of 428,214. Reformation has a 1 year low of $12.83 and a 1 year high of $17.26.

Analyst Upgrades and Downgrades

A number of research firms recently commented on REF. Citigroup began coverage on Reformation in a report on Monday, August 24th. They issued a “buy” rating and a $20.00 price target on the stock. Royal Bank Of Canada began coverage on Reformation in a research note on Monday, August 24th. They issued an “outperform” rating and a $18.00 price objective for the company. Wall Street Zen raised shares of Reformation to a “hold” rating in a research note on Saturday, August 8th. William Blair initiated coverage on Reformation in a research report on Monday, August 24th. They issued an “outperform” rating on the stock. Finally, Zacks Research raised shares of Reformation to a “hold” rating in a research report on Tuesday, August 25th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Reformation currently has an average rating of “Moderate Buy” and a consensus price target of $19.25.

Get Our Latest Stock Analysis on Reformation

Insiders Place Their Bets

In related news, Director Yael Aflalo sold 60,298 shares of the company’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $13.95, for a total value of $841,157.10. Following the transaction, the director directly owned 11,665,505 shares of the company’s stock, valued at $162,733,794.75. This represents a 0.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Scsp Refo sold 149,596 shares of the company’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $13.95, for a total value of $2,086,864.20. Following the completion of the transaction, the insider directly owned 28,942,153 shares in the company, valued at approximately $403,743,034.35. The trade was a 0.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 4,401,122 shares of company stock worth $61,395,652 over the last three months.