RH Stock Recent News

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.

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) today announced that it will report financial results for the first quarter ended May 4, 2024, on Thursday, June 13, 2024 after market close. RH's first quarter fiscal 2024 financial results press release will include a shareholder letter from Chairman and Chief Executive Officer, Gary Friedman, highlighting the Company's continued evolution and recent performance. The shareholder letter and financial results will be posted to the Company's i.

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) announced today the opening of RH Palo Alto, The Gallery at Stanford. This innovative retail experience seamlessly integrates luxury home furnishings collections from RH Interiors, Contemporary, Modern and Outdoor with rare art, antiques and artifacts from across the globe. RH Palo Alto also reflects the brand's continued commitment to hospitality with the debut of a reimagined, ingredient-driven menu of enduring classics served within a dram.

The housing market slowdown has hit the home furnishings retail sector hard. RH stock is down sharply, but expect the business to start to recover.

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