Overview
- Shares of RH jumped more than 15% in extended trading Thursday and climbed as much as 18% in premarket Friday following the earnings report.
- The company reported adjusted first-quarter earnings per share of $0.13, turning a prior-year loss into profit and surpassing analyst expectations.
- First-quarter revenue rose 12% year-over-year to $814 million, slightly below consensus estimates of $818 million.
- RH maintained its full-year 2025 revenue growth forecast of 10% to 13% despite a housing market described by CEO Gary Friedman as the toughest in nearly 50 years.
- To offset tariff pressures, RH is redirecting production out of China into U.S. and Italian facilities and delaying a new concept launch until spring 2026.