RH (NYSE:RH) reported weaker-than-expected fourth-quarter financial results after the market close on Wednesday.
RH reported fourth-quarter revenue of $812.41 million, missing the consensus estimate of $829.56 million, according to Benzinga Pro. The luxury retailer reported fourth-quarter adjusted earnings of $1.58 per share, missing analyst estimates of $1.92 per share.
"The important work and substantial investments we’ve made over the past two years are now resulting in meaningful share gains and significant strategic separation, positioning the RH brand to expand its leadership position across the luxury home market over the next decade," the company said in a letter to shareholders.
RH expects first-quarter revenue growth of 12.5% to 13.5%. The company anticipates full-year 2025 revenue growth of 10% to 13%.
RH shares gained 4.3% to close at $249.35 on Wednesday.
These analysts made changes to their price targets on RH following earnings announcement.
Considering buying RH stock? Here’s what analysts think:
Read This Next:
Photo via Shutterstock
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.