RH Reports Third Quarter 2023 Results
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Go back to RH Reports Third Quarter 2023 Results
December 8, 2023 8:39 AM EST
RH (NYSE: RH) shares tumbled more than 7% premarket Friday after the company missed third-quarter earnings and revenue estimates.
The company posted a loss per share of ($0.42), $1.37 worse than the analyst estimate of a $0.95 profit per share, while revenue for the quarter came in at $751 million, below the consensus estimate of $756.73 million and down from the $869 million reported last year.
Its adjusted operating margin of 7.3% was also slightly below expectations due to higher than anticipated expenses, including international openings and costs related to its pending acquisition of the New... More
December 7, 2023 4:08 PM EST
RH (NYSE: RH) reported Q3 EPS of ($0.42), $1.37 worse than the analyst estimate of $0.95. Revenue for the quarter came in at $751 million versus the consensus estimate of $756.73 million.
For earnings history and earnings-related data on RH (RH) click here.
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