RH
$298.30
Rh Common Stock
($13.01)
(4.18%)
Earnings Details
1st Quarter April 2022
Thursday, June 2, 2022 4:06:00 PM
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Summary

Rh Common Stock Beats but Guides Lower

Rh Common Stock (RH) reported 1st Quarter April 2022 earnings of $7.78 per share on revenue of $957.3 million. The consensus earnings estimate was $5.46 per share on revenue of $925.3 million. The Earnings Whisper number was $5.50 per share. Revenue grew 11.2% on a year-over-year basis.

The company said in its shareholders letter it expects second quarter revenue of $959.19 billion to $978.97 billion and now expects fiscal year revenue of $3.76 billion to $3.83 billion. The company's previous guidance was fical year reevenue of $3.95 billion to $4.02 billion. The current consensus revenue estimate is $1.04 billion for the quarter ending July 31, 2022 and revenue of $4.03 billion for the year ending January 31, 2023.

Restoration Hardware Holdings Inc, together with its subsidiaries, is a luxury home furnishings retailer that provides number of categories including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware & children’s furnishings.

Results
Reported Earnings
$7.78
Earnings Whisper
$5.50
Consensus Estimate
$5.46
Reported Revenue
$957.3 Mil
Revenue Estimate
$925.3 Mil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

RH Reports Record First Quarter 2022 Results

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) has released its financial results for the first quarter ended April 30, 2022, 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 conference call may be accessed by dialing 866.940.6255 or 270.215.9567 for international callers. The call and replay can also be accessed via audio webcast at ir.rh.com.

ABOUT RH

RH (NYSE: RH) is a curator of design, taste and style in the luxury lifestyle market. The Company offers collections through its retail galleries, source books, and online at RH.com, RHModern.com, RHBabyandChild.com, RHTEEN.com and Waterworks.com.

PRESS CONTACT
truthgroup@RH.com

INVESTOR RELATIONS CONTACT
Allison Malkin, 203.682.8225, allison.malkin@icrinc.com

Source: RH