RH - Ordinary Shares - Class A

NYSE:RH   3:59:50 PM EDT
329.32
+16.92 (+5.42%)
Earnings Announcements

RH Updates Fiscal 2022 Outlook

Published: 06/29/2022 21:56 GMT
RH - Ordinary Shares - Class A (RH) - Rh Updates Fiscal 2022 Outlook.
Rh - Fiscal 2022 Net Revenue Growth in Range of (2%) to (5%), With Adjusted Operating Margin in Range of 21.0% to 22.0%.
Rh - Q2 Net Revenue Growth in Range of (1%) to (3%), With Adjusted Operating Margin in Range of 23.0% to 23.5%.
Rh - Q2 Outlook Remains Unchanged Versus Our Prior Forecast Due to Faster Backlog Relief Offsetting Lower Than Expected Demand.
Rh - Our Expectation is That Demand Will Continue to Slow Throughout Year.
Rh - Noted That It Has Not Repurchased Any Shares Since Announcing Expansion of Its Common Stock Repurchase Authorization on June 2, 2022.
Revenue is expected to be $968.91 Million
Adjusted EPS is expected to be $6.64

Next Quarter Revenue Guidance is expected to be $911.33 Million
Next Quarter EPS Guidance is expected to be $4.89

More details on our Analysts Page.