RH Swings to Fiscal Q1 Adjusted Loss, Revenue Declines
MT Newswires Live
Jun 12
RH (RH) reported fiscal Q1 adjusted loss late Thursday of $1.97 per diluted share, swinging from earnings of $0.13 a year earlier.
Analysts polled by FactSet expected a loss of $2.12.
Revenue for the quarter ended May 2 was $800.3 million, down from $814 million a year earlier.
Analysts polled by FactSet expected $792.6 million.
For fiscal Q2 and 2026, the company expects revenue growth of 0.5% to 2.5% and 4.5% to 8%, respectively.
Analysts polled by FactSet are looking for $940.3 million and $3.62 billion, respectively.
Shares rose around 5.1% in after-hours activity.
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