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RH RH reported mixed first-quarter financial results on Thursday.

RH (NYSE:RH ) Q1 2024 Earnings Conference Call June 13, 2024 5:00 PM ET Corporate Participants Allison Malkin - ICR, Investor Relations Gary Friedman - Chairman and Chief Executive Officer Jack Preston - Chief Financial Officer Conference Call Participants Steven Forbes - Guggenheim Securities Steven Zaccone - Citi Simeon Guttman - Morgan Stanley Max Rakhlenko - TD Cowen Curtis Nagle - Bank of America Michael Lasser - UBS Jonathan Matuszewski - Jefferies Seth Basham - Wedbush Securities Brian Nagel - Oppenheimer Operator Good day, everyone, and welcome to today's RH First Quarter Fiscal 2024 Earnings Q&A Call. At this time, all participants are in a listen-only mode.

While the top- and bottom-line numbers for RH (RH) give a sense of how the business performed in the quarter ended April 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

RH (RH) came out with a quarterly loss of $0.40 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to earnings of $2.21 per share a year ago.

Shares of RH fell after hours Thursday after the upscale furniture chain forecast second-quarter sales that were below expectations.

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) has released its financial results for the first quarter ended May 4, 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 800.225.9448 or 203.

RH is scheduled to report earnings after Thursday's close. The stock just hit a record high of $744.56 in 2021 and is currently trading near $277.

RH's fiscal first-quarter results are likely to reflect high mortgage rates, a soft luxury housing market and clearance pressure.

Beyond analysts' top -and-bottom-line estimates for RH (RH), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended April 2024.

In the latest trading session, RH (RH) closed at $279.25, marking a -1.18% move from the previous day.