RH (NYSE:RH) Announces Earnings Results

RH (NYSE:RH) announced its quarterly earnings results on Thursday. The company reported $2.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $2.32, FiscalAI reports. RH had a net margin of 3.01% and a return on equity of 423.79%. The firm had revenue of $922.15 million during the quarter, compared to analysts’ expectations of $915.09 million.

RH Price Performance

Shares of NYSE RH traded down $5.48 during mid-day trading on Thursday, reaching $133.89. The company’s stock had a trading volume of 1,983,694 shares, compared to its average volume of 1,027,047. The stock has a fifty day moving average of $167.71 and a two-hundred day moving average of $150.72. The firm has a market capitalization of $2.53 billion, a PE ratio of 25.85, a P/E/G ratio of 3.39 and a beta of 1.85. RH has a 52 week low of $106.30 and a 52 week high of $248.44. The company has a debt-to-equity ratio of 54.96, a current ratio of 1.13 and a quick ratio of 0.32.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on RH. TD Cowen reaffirmed a “buy” rating on shares of RH in a research report on Tuesday, September 1st. Robert W. Baird raised their target price on shares of RH from $125.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, June 12th. UBS Group reduced their price objective on RH from $160.00 to $155.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 9th. KeyCorp reiterated a “sector weight” rating on shares of RH in a report on Friday, June 12th. Finally, Telsey Advisory Group set a $140.00 price target on RH in a research note on Tuesday. Seven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, RH has an average rating of “Hold” and a consensus price target of $173.36.

Insider Activity at RH

In other RH news, Director Mark Demilio sold 3,102 shares of RH stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $144.00, for a total value of $446,688.00. Following the sale, the director owned 25,830 shares of the company’s stock, valued at $3,719,520. The trade was a 10.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Gary Friedman sold 69,069 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $169.48, for a total value of $11,705,814.12. Following the sale, the chief executive officer directly owned 3,282,268 shares in the company, valued at $556,278,780.64. This trade represents a 2.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 132,749 shares of company stock valued at $21,856,812. Insiders own 26.90% of the company’s stock.

Institutional Investors Weigh In On RH

Several large investors have recently added to or reduced their stakes in RH. CIBC Private Wealth Group LLC lifted its position in shares of RH by 16,050.0% in the 4th quarter. CIBC Private Wealth Group LLC now owns 969 shares of the company’s stock worth $174,000 after purchasing an additional 963 shares during the period. Mitchell Mcleod Pugh & Williams Inc. bought a new position in shares of RH in the 4th quarter worth $179,000. Franklin Resources Inc. purchased a new stake in shares of RH during the 4th quarter worth $224,000. Daiwa Securities Group Inc. bought a new position in RH in the fourth quarter worth about $133,000. Finally, Voleon Capital Management LP purchased a new stake in shares of RH during the third quarter valued at about $222,000. 90.17% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: RH projected fiscal 2026 revenue of $3.6 billion to $3.7 billion, above the analyst consensus of approximately $3.5 billion. The stronger full-year outlook supports management’s expectations for improvement later in the year. RH Reports Second Quarter Fiscal 2026 Results
• Neutral Sentiment: RH released its fiscal second-quarter 2026 results for the period ended August 1 and scheduled an investor conference call to discuss the results, guidance, margins and demand trends. The company did not provide an EPS figure in the reported guidance update. RH Reports Second Quarter Fiscal 2026 Results
• Negative Sentiment: RH forecast third-quarter fiscal 2026 revenue of $928.0 million to $936.8 million, below the consensus estimate of roughly $964.0 million. The shortfall suggests near-term sales may be weaker than analysts expected and was likely the main source of selling pressure.
• Negative Sentiment: The stock entered the earnings release after falling sharply over the prior month, with analysts focused on margin pressure and whether CEO Gary Friedman’s second-half recovery plan would gain traction. The below-consensus third-quarter outlook increases the risk that investors will remain cautious despite the improved full-year revenue target.

RH Company Profile

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.