RH - Luxury Retailer RH Stock Falls After Q1 Results: Here's Why | Benzinga
RH (NYSE:RH) shares are falling after the company reported its first-quarter financial results Thursday. Here's a look at the key figures from the report.
The Details: RH reported quarterly losses of 40 cents per share which missed the analyst consensus estimate of losses of 12 cents by 233.33%.
Quarterly sales came in at $726.96 million which beat the analyst consensus estimate of $724.7 million and is a 1.65% decrease from sales of $739.16 million from the same period last year.
Demand was up 3% in the quarter, slightly below the company’s guidance, ...