RH (RH) weekly option IV above 200 into as shares rally 3% into quarter results

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RH (RH) Tops Q1 EPS by $2.40, Revenues Beat; Sees Q2 Revenue Down 1-3%, FY22 Revenue Up 0-2%

June 2, 2022 4:10 PM EDT

RH (NYSE: RH) reported Q1 EPS of $7.78, $2.40 better than the analyst estimate of $5.38. Revenue for the quarter came in at $957 million versus the consensus estimate of $924.81 million.

Q1 GAAP GROSS MARGIN INCREASED 480 BASIS POINTS TO 52.1% VS. 47.3% LY Q1ADJUSTED GROSS MARGIN INCREASED 480... More