RH (NYSE:RH) posted weaker-than-expected second-quarter results after Thursday’s closing bell.
RH reported quarterly earnings of $2.93 per share, which fell short of the analyst estimate of $3.20. Quarterly revenue came in at $899.15 million, which missed the Street estimate of $904.64 million.
“RH continued to generate industry leading growth in the second quarter as revenue increased 8.4%, and demand increased 13.7% despite the polarizing impact of tariff uncertainty and the worst housing market in almost 50 years,” CEO Gary Friedman wrote in a letter to shareholders.
RH lowered its fiscal 2025 revenue …