Summary

Rh Common Stock Misses

Rh Common Stock (RH) reported 3rd Quarter October 2024 earnings of $2.48 per share on revenue of $811.7 million. The consensus earnings estimate was $2.67 per share on revenue of $810.9 million. The Earnings Whisper number was $2.80 per share. Revenue grew 8.1% on a year-over-year basis.

The company said in its shareholders letter it expects fourth quarter revenue of $871.15 million to $885.91 million. The current consensus revenue estimate is $788.45 million for the quarter ending January 31, 2025.

Restoration Hardware Holdings Inc, together with its subsidiaries, is a luxury home furnishings retailer that provides number of categories including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware & children’s furnishings.

Earnings Release

RH Reports Third Quarter Fiscal 2024 Results

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) has released its financial results for the third quarter ended November 2, 2024, 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 646.307.1963 for international callers (conference ID: 3000234). The call and replay can also be accessed via audio webcast at ir.rh.com.

ABOUT RH

RH (NYSE: RH) is a curator of design, taste and style in the luxury lifestyle market. The Company offers collections through its retail galleries, sourcebooks, and online at RH.com, RHContemporary, RHModern.com, RHBabyandChild.com, RHTEEN.com and Waterworks.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241212968173/en/

PRESS CONTACT
truthgroup@RH.com

INVESTOR RELATIONS CONTACT
Allison Malkin, 203.682.8225, allison.malkin@icrinc.com

Source: RH