RH (RH) Tops Q2 EPS by $2.04, Raises Outlook

RH (NYSE: RH) reported Q2 EPS of $8.48, $2.04 better than the analyst estimate of $6.44. Revenue for the quarter came in at $989 million versus the consensus estimate of $974.12 million.

RAISING FISCAL 2021 OUTLOOK:

Based on the continued strength of our business and the power of our operating model we are once again raising our outlook for fiscal 2021. We now expect revenue growth of 31% to 33% versus our prior outlook of 25% to 30% and adjusted operating margin in the range of 24.9% to 25.5%, versus our prior outlook of 23.5% to 24.3%. We are also raising our ROIC outlook for the year to 70% versus our prior outlook of 60%.

For earnings history and earnings-related data on RH (RH) click here.

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