RH Reports Fourth Quarter and Fiscal Year 2023 Results
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RH (RH) Misses Q4 EPS by 97c
March 27, 2024 4:09 PM EDTRH (NYSE: RH) reported Q4 EPS of $0.72, $0.97 worse than the analyst estimate of $1.69. Revenue for the quarter came in at $738 million versus the consensus estimate of $777.98 million.
OUTLOOKWhile we expect business conditions to remain challenging until interest rates ease and the housing market begins to rebound, we expect our demand trends to accelerate throughout fiscal 2024. Due to the extensive... More