watch nowRH CEO Gary Friedman watched the luxury furniture retailer's stock tank during its earnings conference call with analysts Wednesday amid the unveiling of President Donald Trump's tariff policy.Two words summed up the situation:"Oh, sh--. OK. ... I just looked at the screen. I hadn't looked at it. It got hit when I think the tariffs came out. And everybody can see in our 10-K where we're sourcing from, so it's not a secret, and we're not trying to disguise it by putting everything in an Asia bucket. ...

RH RH reported weaker-than-expected fourth-quarter financial results after the market close on Wednesday.RH reported fourth-quarter revenue of $812.41 million, missing the consensus estimate of $829.56 million, according to Benzinga Pro. The luxury retailer reported fourth-quarter adjusted earnings of $1.58 per share, missing analyst estimates of $1.92 per share."The important work and substantial investments we’ve made over the past two years are now resulting in meaningful share gains and significant stra ...

NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of RH (“RH” or the “Company”) (NYSE: RH). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether RH and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On January 24, 2025, Hunterbrook Media publ ...

RH (NYSE:RH) Q4 2024 Earnings Conference Call April 2, 2025 5:00 PM ET Company Participants Allison Malkin - IR, ICR Gary Friedman - Chairman & CEO Jack Preston - CFO Conference Call Participants Steven Forbes - Guggenheim Michael Lasser - UBS Max Rakhlenko - TD Cowen Andrew Carter - Stifel Bradley Thomas - KeyBanc Capital Markets Jonathan Matuszewski - Jefferies Seth Basham - Wedbush Securities Brian Nagel - Oppenheimer Cristina Fernandez - Telsey Advisory Group Operator Good day, everyone, and welcome to ...

Core Insights - RH reported revenue of $812.41 million for the quarter ended January 2025, reflecting a 10% increase year-over-year, but fell short of the Zacks Consensus Estimate of $827.27 million by -1.80% [1] - The company's EPS was $1.58, significantly higher than the $0.72 reported in the same quarter last year, but below the consensus estimate of $1.91, resulting in an EPS surprise of -17.28% [1] Financial Performance - Revenue increased by 10% year-over-year to $812.41 million [1] - EPS rose to $1.58 from $0.72 in the previous year [1] - The revenue fell short of the Zacks Consensus Estimate by -1.80% [1] - EPS missed the consensus estimate by -17.28% [1] Stock Performance - RH shares have returned -18.2% over the past month, compared to a -5.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3] Operational Metrics - Total number of locations: 67, compared to the average estimate of 69 [4] - Total leased selling square footage at the end of the period was 1,527 Ksq ft, exceeding the average estimate of 1,508.45 Ksq ft [4] - Number of Design Galleries: 33, slightly below the average estimate of 34 [4] - Total stores count at the end of the period was 83, compared to the average estimate of 88 [4]

Shares of RH (NYSE: RH ) have been a poor performer over the past year, losing 20% of their value. Shares have been steadily declining since the start of the year, dropping about 40% from their highs, amid concerns that consumer discretionary spending andOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, ...

Core Viewpoint - RH reported quarterly earnings of $1.58 per share, missing the Zacks Consensus Estimate of $1.91 per share, representing an earnings surprise of -17.28% [1][2]. Financial Performance - The company posted revenues of $812.41 million for the quarter ended January 2025, missing the Zacks Consensus Estimate by 1.80%, compared to year-ago revenues of $738.26 million [2]. - Over the last four quarters, RH has surpassed consensus EPS estimates just once and topped consensus revenue estimates three times [2]. Stock Performance - RH shares have declined approximately 39.3% since the beginning of the year, while the S&P 500 has decreased by -4.2% [3]. - The current status of estimate revisions translates into a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6]. Future Outlook - The current consensus EPS estimate for the coming quarter is $1.43 on revenues of $859.91 million, and for the current fiscal year, it is $13.26 on revenues of $3.68 billion [7]. - The outlook for the industry can significantly impact the stock's performance, with the Consumer Products - Staples industry currently in the bottom 41% of Zacks industries [8].

Revenue and Growth Strategy - The company aims to achieve an expected annual revenue opportunity of $5 to $6 billion by transforming its real estate platform and opening new Design Galleries in major North American markets[35]. - The company is pursuing global expansion with a projected annual revenue of $20 to $25 billion, having opened locations in England, Munich, and Düsseldorf in 2023, with more planned in Brussels and Madrid in 2024[37]. - The company has identified key learnings from its real estate transformation to optimize market share and return on invested capital[49]. Product Development and Offerings - The company plans to introduce the most prolific collection of new products in its history, starting with the mailing of the RH Interiors Sourcebook in fall 2023 and continuing throughout 2024[34]. - The company has established a proprietary product development platform that enhances its ability to introduce new products and reduce costs[41]. - Approximately 98% of sales in the core RH business during fiscal 2024 were driven by the RH Members Program, which had around 265,000 members at year-end[70]. Retail and Distribution - The company operates 69 retail locations, including 64 in North America and 5 in Europe, with an average selling square footage of 34,100 for Design Galleries[44]. - The company operates 83 retail locations with a total selling square footage of 1,527 thousand square feet as of February 1, 2025, an increase from 1,378 thousand square feet at the end of the previous year[56]. - The company operates 40 outlet stores, including one in the United Kingdom, as part of its reverse logistics platform[67]. - The Design Galleries encompass approximately 30,000 to 50,000 square feet of selling space, integrating hospitality offerings while showcasing product collections[51]. Hospitality Integration - The company is integrating hospitality into its Design Galleries, which is expected to drive incremental sales of home furnishings[35]. - The company plans to incorporate hospitality offerings into many new Galleries, enhancing the retail experience and driving incremental sales[48]. Digital and Online Experience - The company is making significant investments to elevate its online experience, with plans to upgrade its website throughout 2025[38]. - The company is focused on digital reimagination to enhance customer experience and differentiate its online presence[38]. - The company utilizes a customer database to analyze buying behaviors and tailor marketing strategies, enhancing targeted marketing efforts[65]. Supply Chain and Sourcing - In fiscal 2024, the company sourced 77% of its purchase dollar volume from 28 vendors, with one vendor accounting for 16%[71]. - 72% of products were sourced from Asia, including 35% from Vietnam and 23% from China, while 18% were sourced from North America[71]. Financial Position and Risks - The company had $200 million in outstanding borrowings under the revolving line of credit and $2,424 million under the Term Loan Credit Agreement as of February 1, 2025[370]. - For every 100-basis point change in interest rates, the company's annual interest expense could change by approximately $26 million[370]. - The company has identified risks related to fluctuations in consumer spending and supply chain management that could adversely affect revenue[15]. - The company believes inflation has had primarily transitory effects on its operations, but acknowledges potential longer-term impacts on costs and pricing[374]. - The Inflation Reduction Act introduced a 15% corporate alternative minimum tax for corporations with average annual adjusted financial statement income exceeding $1 billion, which did not materially impact the company in fiscal 2024[375]. Competition - The company continues to face competition from various home furnishings retailers, including larger competitors with greater resources[75].

FOURTH QUARTER AND FISCAL YEAR 2024 FINANCIAL RESULTS AND SHAREHOLDER LETTER Exhibit 99.2 A LETTER FROM OUR CHAIRMAN AND CEO RH REPORTS FOURTH QUARTER AND FISCAL YEAR 2024 RESULTS FOURTH QUARTER 2024 HIGHLIGHTS GAAP Net Revenues of $812M Increased 10%, GAAP Operating Income of $70M Increased 9%, Adjusted Operating Income of $92M Increased 38%, GAAP Operating Margin of 8.7%, Adjusted Operating Margin of 11.3%, GAAP Net Income of $14M, Adjusted Net Income of $32M, and Adjusted EBITDA Margin of 17.1% On a comp ...

RH RH will release its fourth-quarter financial results, after the closing bell, on Wednesday, April 2.Analysts expect the Corte Madera, California-based company to report quarterly earnings at $1.92 per share, up from 72 cents per share in the year-ago period. RH projects quarterly revenue of $829.56 million, compared to $738.26 million a year earlier, according to data from Benzinga Pro.On Dec. 12, RH reported third-quarter revenue of $811.73 million, missing the consensus estimate of $812.16 million.RH s ...