Back to News
Jun 12, 2026 4:00 PM

RH Could Rewrite Its Investment Narrative Over The Next Year, Analyst Says

RH (NYSE:RH) stock fell more than 6% on Friday after the luxury home furnishings retailer issued weaker-than-expected second-quarter revenue guidance, overshadowing first-quarter results that topped Wall Street estimates and a higher full-year sales outlook.

Earnings Top Expectations

RH reported a first-quarter loss of $1.97 per share, beating analysts’ estimates for a loss of $2.11 per share. Revenue rose to $800.3 million, ahead of the consensus estimate of $792.8 million.

RH projected second-quarter revenue of $903.6 million to $921.6 million, below the Wall Street consensus estimate of $937.8 million.

Despite the softer quarterly outlook, RH raised its fiscal 2026 revenue guidance. The company now expects full-year sales of $3.594 billion to ...