RH is a high-end furniture and home decor company that specializes in offering a curated assortment of luxury products for home design. The company is known for its distinctive collections, which include furniture, lighting, textiles, and accessories, all aimed at enhancing the aesthetics of residential spaces. RH operates a network of galleries that serve as showrooms, allowing customers to experience the brand's offerings in a sophisticated environment. Additionally, the company emphasizes design innovation and craftsmanship, often collaborating with renowned designers to create exclusive pieces. RH also provides a range of services, including interior design consultations, to help clients realize their vision for their homes. Read More
Markets closed Friday in mixed fashion as economic uncertainty and politics clashed with earnings optimism. Oracle's rollercoaster continues, RFK Jr. rattles vaccine makers, and the Fed appears poised to begin its rate-cut cycle next week. All this while tech, AI, and takeover buzz kept parts of the market energized.
Shares of luxury furniture retailer RH (NYSE:RH) fell 4.6% in the afternoon session after the company reported disappointing second-quarter results and provided a weak outlook for the upcoming quarter.
RH shares are trading lower Friday after the company reported worse-than-expected second quarter financial results on Thursday after the market closed.
Luxury furniture retailer RH (NYSE:RH) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 8.4% year on year to $899.2 million. On the other hand, next quarter’s revenue guidance of $884.8 million was less impressive, coming in 2% below analysts’ estimates. Its non-GAAP profit of $2.93 per share was 8.9% below analysts’ consensus estimates.
Luxury furniture retailer RH (NYSE:RH) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 8.4% year on year to $899.2 million. On the other hand, next quarter’s revenue guidance of $884.8 million was less impressive, coming in 2% below analysts’ estimates. Its non-GAAP profit of $2.93 per share was 8.9% below analysts’ consensus estimates.
