RH soared on its Q2 earnings report. RH (RH 25.49%), the company formerly known as Restoration Hardware, has long been a battleground stock in the retail sector. The company has one of the more colorful CEOs in the business in Gary Friedman, who's prone to hyperbole and outlandish statements but is also one of the boldest thinkers in the industry. RH also has a unique business model: The company opens cavernous galleries to showcase its high-end furniture and mails out sourcebooks to promote its wares. It's ...

RH stock spikes as it finally realizes the inflection point in demand it had been predicting. Consumers may be struggling on some levels, but it looks like they're not cutting back on luxury furniture. RH (RH 24.22%), formerly known as Restoration Hardware, just reported its fiscal second-quarter results that indicated demand is strong and accelerating. That report has the stock soaring Friday morning. Shares were up by 22.8% as of 11:15 a.m. ET, and that brought the stock's return positive for the year. RH ...

Shares of RH (NYSE:RH), formerly known as Restoration Hardware, are soaring today, up 19.2% at $305.72 at last glance, after the company's better-than-expected second-quarter earnings and revenue. According to the equity, demand for the furniture retailer's products rose 7% in the quarter, with CEO Gary Friedman how wellpositioned it is for a housing-market rebound. On the charts, RH is gapping to its highest levels since April as it heads for its largest single-day percentage gain since Sept. 2020. Today's ...

JHVEPhoto Thesis Period: | Quarterly Type: Non-GAAP y ● EPS Estimate ● ● EPS Actual ▶ 5.00 4.00 3.00 FQ2 2025 2.00 EPS Estimate: 1.61 EPS Actual: 1.69 1.00 0.00 -1.00 FQZ 2024 FQ3 2024 FQ4 2024 FQ1 2025 FQ2 2025 FQ3 2025 (4) FQ4 2025 (4) My take is that RH (NYSE: NYSE:RH), a high-end retailer of home furnishings, has demonstrated its capability for long-term, sustainable growth going forward, even if concerns about adverse conditions in the housing market linger. As of Q2 2024, the market seems to agree, as ...

RH (RH) shares rallied 18.8% in the after-hours trading session on Sept. 12 after it reported better-thanexpected results for second-quarter fiscal 2024 (ended Aug. 3, 2024). The luxury home furnishings retailer surpassed expectations for both earnings and revenues, driven by resilient demand despite a tough housing market. Product margins turned positive, thanks to the company's ongoing investments in transforming its product lines and expanding its platform. Although growth was slower than anticipated, RH ...

Key Takeaways RH shares jumped in premarket trading Friday after the luxury home furnishing retailer reported earnings that topped Wall Street's estimates and said it continues to see robust demand. The stock sits poised to break out above the top trendline of a symmetrical triangle, potentially paving the way for a new move higher. Investors should monitor key price levels on the RH chart at $300, $335, $400, and $430, while watching the $280 area during pullbacks. RH (RH) shares soared 20% in premarket tr ...

RH (NYSE:RH) Q2 2024 Earnings Call Transcript September 12, 2024 5:00 PM ET Company Participants Allison Malkin - IR, ICR Gary Friedman - Chairman and CEO Stefan Duban - Chief Gallery and Customer Officer Jack Preston - CFO Conference Call Participants Curt Nagle - Bank of America Steven Zaccone - Citi Steven Forbes - Guggenheim Securities Simeon Gutman - Morgan Stanley Max Rakhlenko - TD Cowen Andrew Carter - Stifel Jonathan Matuszewski - Jefferies Brad Thomas - KeyBanc Capital Markets Michael Lasser - UBS ...

RH (RH) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.53 per share. This compares to earnings of $3.93 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10.46%. A quarter ago, it was expected that this furniture and housewares company would post a loss of $0.08 per share when it actually produced a loss of $0.40, delivering a surprise of -400%. Over the last four quarters, the c ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 3, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-35720 (Exact name of registrant as specified in its charter) Delaware 45-3052669 (State or other jurisdiction ...

| --- | --- | |--------------------------------------------------------------------------|-------| | | | | | | | | | | SECOND QUARTER 2024 FINANCIAL RESULTS AND SHAREHOLDER LETTER | | A LETTER FROM OUR CHAIRMAN AND CEO RH REPORTS SECOND QUARTER RESULTS SECOND QUARTER 2024 HIGHLIGHTS GAAP Net Revenues of $830M up 3.6%, GAAP Operating Margin of 11.6%, Adjusted Operating Margin of 11.7%, GAAP Net Income of $29M, Adjusted Net Income of $33M, Adjusted EBITDA Margin of 17.2% Please see the tables below for reconc ...