RH NYSE: RH raised its fiscal 2026 outlook after first-quarter revenue and adjusted EBITDA margin exceeded the high end of its expectations, even as the luxury home furnishings company said tariff-related resourcing kept back orders and special orders elevated.
RH (RH) came out with a quarterly loss of $1.97 per share versus the Zacks Consensus Estimate of a loss of $2.13. This compares to earnings of $0.13 per share a year ago.
The furniture retailer said it now expects revenue growth of 4.5% to 8% for the fiscal year, raising the lower end of its prior range of 4% to 8%.
RH's Q1 results are likely to reflect housing weakness, tariffs and expansion costs amid gallery momentum and Milan/London buildout.
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In the most recent trading session, RH (RH) closed at $138.46, indicating a +1.5% shift from the previous trading day.
RH (RH) closed the most recent trading day at $120.72, moving 1.99% from the previous trading session.
In the latest trading session, RH (RH) closed at $129.2, marking a -3.5% move from the previous day.
RH (RH) reported earnings 30 days ago. What's next for the stock?
RH (RH) closed the most recent trading day at $136.05, moving 1.06% from the previous trading session.
RH NYSE: RH, formerly known as Restoration Hardware, has struggled for years and has recently seen another sharp decline, with shares falling nearly 40% over the past three months. However, Wall Street still sees significant upside, leaving investors to weigh whether the current price presents a buying opportunity.
RH (RH) reached $142.69 at the closing of the latest trading day, reflecting a +1.17% change compared to its last close.