RH operates as a holding company which operates the business through its subsidiary Restoration Hardware, Inc. It offers furniture, lighting, textiles, bath ware, decor, outdoor and garden, as well as baby and child products. The company operates an integrated business with multiple channels of distribution including galleries, source books and websites. The company was founded by Stephen J. Gordon in 1980 and is headquartered in Corte Madera, CA.

Earnings data Q4 2020

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Earnings data Q3 2023

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RH exceeds Q1 revenue expectations but faces challenges ahead

RH's Q1 performance exceeded expectations, but challenges lie ahead in the luxury housing market and supply chain costs. However, opportunities exist in expanding product lines, global presence, and targeting high net worth individuals. The company is focused on strengthening its balance sheet and transforming its product offerings.

RH Exceeds Q2 Revenue Expectations, Plans Global Expansion and Product Transformation

RH's Q2 performance exceeded expectations, and the company is strategically focused on global expansion, product transformation, and optimizing margins. However, uncertainties related to advertising spend and supplier bankruptcy pose challenges. Despite this, RH sees opportunities in international expansion and market share gains.

RH reports Q3 revenues in line with guidance, focuses on global expansion and margin management amidst market challenges

RH's Q3 performance met revenue guidance but faced challenges from headwinds in the housing market and higher expenses impacting operating margin. The company's strengths lie in its global expansion plans, positioning as a tastemaker, and disruptive pricing capabilities. RH sees opportunities for growth in international markets and aims to return to historical operating margins in the U.S.

RH reports solid fiscal year, anticipates challenges in 2023

RH had a strong fiscal year but anticipates challenges in fiscal 2023.
The company is focused on long-term strategies and cost management.
RH is confident in its ability to withstand market destabilization.
Strategies include product launches, global expansion, and cost savings.

RH exceeds Q1 revenue expectations, eyes global expansion growth

RH's Q1 performance exceeded expectations with a focus on long-term strategies.
Confident in returning to higher operating margins through global expansion and product transformation.
Facing challenges of economic uncertainties and market conditions but optimistic about opportunities.
Strengths lie in luxury brand positioning, disruptive approach, and control over distribution.
Overall, RH remains optimistic about its enduring brand and profitable model.

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RH (NYSE:RH ) Q3 2023 Earnings Call Transcript December 7, 2023 5:00 PM ET Company Participants Allison Malkin - IR Gary Friedman - Chairman & CEO Jack Preston - CFO Conference Call Participants Simeon Guttman - Morgan Stanley Steven Zaccone - Citi Chris Horvers - JPMorgan Curtis Nagle - Bank of America Max Rakhlenko - TD Cowen Steven Forbes - Guggenheim Securities Michael Lasser - UBS Jonathan Matuszewski - Jefferies Seth Basham - Wedbush Securities Peter Benedict - Baird Brad Thomas - KeyBanc Capital Markets Operator Hello and welcome to the Q3 2023 RH Q&A Conference Call. All lines have been placed on mute to prevent any background noise.

RH (RH) Q3 2023 Earnings Call Transcript

RH (NYSE: RH ) just reported results for the third quarter of 2023. RH reported earnings per share of -42 cents.

RH Stock Earnings: RH Misses EPS, Misses Revenue for Q3 2023

While the top- and bottom-line numbers for RH (RH) give a sense of how the business performed in the quarter ended October 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

RH (RH) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

RH (NYSE:RH) shares lost more than 8% after hours on third quarter earnings that significantly missed expectations.  The luxury furniture retailer posted an adjusted loss of $0.42, compared to expectations of a $1.19 per share profit.

RH posts unexpected 3Q adjusted loss, shares fall

Shares of RH dropped 8% in the extended session Thursday after the home furnishings company formerly known as Restoration Hardware swung to a surprise quarterly loss and said that promotions will pressure its bottom line amid a “frozen” housing market.

RH sees housing market ‘frozen,' delays catalog as it swings to surprise quarterly loss

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) has released its financial results for the third quarter ended October 28, 2023, in a shareholder letter from Chairman and Chief Executive Officer Gary Friedman, available on the Investor Relations section of its website at ir.rh.com. As previously announced, RH leadership will host a live conference call and audio webcast at 2:00 pm Pacific Time (5:00 pm Eastern Time) today. The live conference call may be accessed by dialing 800.715.9871 or.

RH Reports Third Quarter 2023 Results

Restoration Hardware (RH (NYSE:RH)) is expected to report financial results for the third quarter in line with estimates but mixed prints from its competitors pose a risk to its fourth quarter guidance, analysts at the Bank of America believe. Premium furniture and home goods retailer RH is due to hand down its results for the quarter ended October 28, 2023, after the stock market closes on Thursday, December 7 and Wall Street analysts on average expect earnings per share (EPS) of $0.98 on revenue of $756 million.

RH key metrics continue to improve ahead of 3Q earnings report, analysts say

RH is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why RH Might Surprise This Earnings Season

RH's fiscal Q3 results are likely to reflect high mortgage rates, regular interest rate hikes and the cycling of record pandemic-driven sales.

Here's Why RH's Earnings are Likely to Decline Y/Y in Q3

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) today announced that it will report financial results for the third quarter fiscal 2023 ended October 28, 2023, on Thursday, December 7, 2023 after market close. RH's third quarter fiscal 2023 financial results press release will include a shareholder letter from Chairman and Chief Executive Officer, Gary Friedman, highlighting the Company's continued evolution and recent performance. The shareholder letter and financial results will be poste.

RH to Report Third Quarter Fiscal 2023 Financial Results on December 7, 2023

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) announced today the opening of RH Indianapolis, The Gallery at the DeHaan Estate – the former home of celebrated philanthropist Christel DeHaan. One of the most accurate Palladian-style villas ever built in the United States, the property is a study in balance, symmetry and perfect proportions – the core pillars of the RH design ethos. The estate spans 151 acres and over 60 rooms, and represents one of the largest, most inspiring and immersiv.

RH Announces the Opening of RH Indianapolis, the Gallery at the DeHaan Estate

RH stock is down after customer demand has waned in recent quarters. The company has a bold long-term vision for the RH brand.

Is RH Stock Ready to Make Investors Richer?

RH (RH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will RH (RH) Beat Estimates Again in Its Next Earnings Report?

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) announced today the opening of the Champagne & Caviar Bar at the RH Guesthouse New York. Expanding on the unprecedented luxury and privacy of the Guesthouse, guests descend a floor-to-ceiling European white oak staircase to a luminous and alluring 32-seat lounge with iridescent champagne lacquered walls and handblown amber glass ceilings. Italian Calacatta gold marble tables sit atop marble-mosaic floors surrounded by banquettes of camel.

RH Unveils Its First Champagne & Caviar Bar at RH Guesthouse New York

RH's valuation reflects lots of pessimism about the luxury home furnishings market. Profitability still looks strong at about 15% of sales.

This Growth Stock Is Down 45% Since August: Time to Buy?

Sluggish home sales will likely continue hurting RH's business. Management is entering markets far afield from core furniture.

Is RH a Buy Now?

RH could be through the worst of its growth hangover. The company affirmed its outlook for strong profitability this year.

1 Stumbling Growth Stock to Buy on the Dip

Wayfair

Wayfair is on the cusp of returning to growth. RH has a stronger financial footing, making it less risky as consumer spending slows.

Better Buy: RH vs. Wayfair Stock

Roblox

RH is on track to generate significant earnings this year despite a pullback in the home furnishings industry. Roblox's platform is growing, but net losses are a sticking point.

1 Beaten Down Growth Stock to Buy, and 1 to Avoid

RH's revenue has the potential to grow significantly over the next 10 years despite recent declines. Revenue drivers include gallery transformation, product elevation, and  international expansion. Smaller bets such as RH Guesthouse and RH Residences offer additional growth opportunities.

RH: Short-Term Revenue Weakness, Sets Stage For Long-Term Revenue Strength

RH posted a painful 20% sales decline in the most recent quarter. Margin trends might get worse before they get better.

What Smart Investors Know About RH Stock

Tractor Supply

Tractor Supply puts its long-term addressable market at $180 billion. RH also has a long runway of growth as it expands into new cities.

Better Buy: Tractor Supply vs RH

Average consumers (as well as more affluent ones) are clearly strained. RH stock is too risky for most investors right now, and could remain so for several years while consumers regroup.

Where Will RH Stock Be in 3 Years?

Look for sales growth to remain sluggish. RH is still targeting strong profit margins for 2023.

Where Will RH Stock Be in 1 Year?

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A look at the short sale lists is always interesting because there are usually as many names worthy of buying as selling. Marketbeat.com's list of high-short-interest stocks is no different than usual in early October; many names are trending lower for a reason, but also a few potential candidates for a short squeeze.

News for RH Stock (RH)