RH Stock Recent News

RH missed estimates in its fourth-quarter earnings report. However, the company expects a recovery in demand in 2024.

RH (RH) Q4 2023 Earnings Call Transcript

RH (RH) shares popped more than 8% after Wednesday's closing bell as investors focused on the home furnishing retailer's RH Sourcebook product range transformation rather than its quarterly top and bottom-line results that came in well below Wall Street's expectations.

Shares of RH rallied after hours on Wednesday, after the luxury furniture chain said it expected demand to pick up through this year, after contending with what it said was “the most challenging housing market in three decades.”

Current market vibes don't seem to be at all concerned about Friday morning's PCE report.

RH (RH) came out with quarterly earnings of $0.72 per share, missing the Zacks Consensus Estimate of $1.71 per share. This compares to earnings of $2.88 per share a year ago.

Anthony Chukumba, Loop Capital Markets senior research analyst, joins 'Closing Bell: Overtime' to discuss RH earnings report as shares pop on Q4 results.

Besides Wall Street's top -and-bottom-line estimates for RH (RH), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended January 2024.

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) today announced that it will report financial results for the fourth quarter and fiscal year 2023 ended February 3, 2024, on Wednesday, March 27, 2024 after market close. RH's fourth quarter and fiscal year 2023 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 re.

[Note: RH's fiscal year 2023 ended January 28, 2023]