Core Insights - RH reported weaker-than-expected fourth-quarter financial results, with revenue of $812.41 million, missing the consensus estimate of $829.56 million, and adjusted earnings of $1.58 per share, below analyst estimates of $1.92 per share [1] - The company expressed confidence in its strategic investments, expecting first-quarter revenue growth of 12.5% to 13.5% and full-year 2025 revenue growth of 10% to 13% [2] - Following the earnings announcement, analysts adjusted their price targets for RH, with some maintaining their ratings while others downgraded the stock [3][4][7] Financial Performance - Fourth-quarter revenue: $812.41 million, consensus estimate: $829.56 million [1] - Fourth-quarter adjusted earnings: $1.58 per share, analyst estimates: $1.92 per share [1] - Expected first-quarter revenue growth: 12.5% to 13.5% [2] - Anticipated full-year 2025 revenue growth: 10% to 13% [2] Analyst Ratings and Price Targets - Telsey Advisory Group: Outperform rating, price target lowered from $420 to $280 [7] - Citigroup: Downgraded from Buy to Neutral, price target lowered from $437 to $200 [7] - Baird: Neutral rating, price target lowered from $400 to $215 [7] - Morgan Stanley: Overweight rating, price target lowered from $530 to $300 [7] - Barclays: Overweight rating, price target cut from $515 to $436 [7]
These Analysts Slash Their Forecasts On RH Following Downbeat Results