By Kelly Cloonan

RH trimmed its outlook for the full year as it contends with higher tariff-related costs and uncertainty, making for what it called a higher-risk business environment.

The furniture retailer said Thursday it now expects revenue growth of 9% to 11% for the full year, down from its prior guidance of 10% to 13%.

The revised view came as the company posted a profit of $51.7 million, or $2.62 a share, up from $29 million, or $1.45 a share, a year earlier.

Adjusted earnings per share were $2.93, below estimates of $3.21 a share according to analysts polled by FactSet.

Revenue rose 8.4% to $899.2 million, missing the $905.4 million modeled by analysts.

Chief Executive Gary Friedman said the company expects a higher risk business environment due to tariff uncertainty, market volatility and inflation risk, but continues to perform well in what he calls the worst housing market in almost 50 years.

"We are performing at a level most would expect in a robust housing market," he said in a letter to shareholders.

The company also expects some revenue to be delayed until next year after it pushed out the launch of its fall sourcebook by eight weeks as it waited for clarity on tariff rates in order to finalize pricing. It now expects about $40 million in revenue to shift out of the current quarter and into the next two quarters as a result, it said.

It also forecast $30 million in added costs from incremental tariffs, net of mitigation strategies, over the second half of the year.

For the current quarter, RH expects revenue to be up 8% to 10% from a year ago. Analysts forecast revenue of $902.5 million, or up 11%.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

September 11, 2025 16:58 ET (20:58 GMT)

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