RH (RH)

RH's stock price has declined significantly in the past six months. The company delayed a new brand extension launch due to tariff uncertainty, impacting financial performance. RH reported its first-quarter fiscal 2025 financial results on June 12, 2025, and its second-quarter fiscal 2025 results on September 11, 2025. In the second quarter of 2025, RH reported $2.93 earnings per share (EPS), missing analysts' consensus estimates of $3.22. The company's revenue for the quarter was $899.15 million, up 8.4% year-over-year, but also below analyst estimates. As of November 27, 2025, RH has a "Buy" consensus rating from analysts, with an average price target of $259.69. However, Zacks Research lowered RH from a "hold" to a "strong sell" rating in September 2025. On November 27, 2025, RH's stock fell 2.35% to $149.48, underperforming the broader market.

RH experiences demand seasonality, with increased sales activity during certain periods. The company hosts sales events throughout the year, including a "Friends and Family Event" in November and promotions during the "Bed and Bath Event" in July and January. Shorter sales occur around major holiday long weekends. Historically, the first quarter is generally weaker, but fiscal year 2026's first quarter is anticipated to be strong due to delayed shipments and new product launches. The membership program was launched to even out sales and order fulfillment.

RH, formerly known as Restoration Hardware, is an upscale American home-furnishings company operating as a retailer and lifestyle brand in the luxury home furnishings market. Headquartered in Corte Madera, California, RH is categorized within the Consumer Discretionary sector and the Specialty Retail industry. The company offers a wide range of products, including furniture, lighting, textiles, bathware, decor, and outdoor furnishings, sold through retail stores, catalogs, and online platforms. RH also operates hospitality concepts, including restaurants and the RH Guesthouse hotel.

RH has a significant geographic presence in North America and Europe, operating retail outlets across the United States, Canada, the United Kingdom, Germany, Belgium, and Spain. In the United States, RH has galleries in numerous states, including California, New York, Florida, and Ohio. The company has expanded into the European market, with its first location outside North America opening in June 2023, and plans for further international expansion in cities like Paris, Milan, Madrid, Brussels, Düsseldorf, and Sydney. RH opened a new store in Paris, France, in September 2024.

RH positions itself as a curator of design, taste, and style in the luxury lifestyle market. The company's brand reputation is built on its high-end home furnishings and immersive "gallery" retail experiences. RH also operates a membership program, which offers discounts and design services for an annual fee, with approximately 95% of sales generated by members. No specific negative events directly impacting RH's brand reputation were prominently reported in the search results within the past year. The company has been navigating a challenging macroeconomic environment, particularly in the housing market.

RH's ownership is primarily institutional, with a notable share held by insiders. Major institutional shareholders include Fmr Llc (Fidelity), Vanguard Group Inc, and BlackRock, Inc. FMR LLC (Fidelity) is the largest institutional shareholder. CEO Gary Friedman is the largest individual shareholder, holding approximately 2.98 million shares, representing around 12% of the total voting power. Other senior executives also hold stakes, with total insider ownership representing about 13% of RH's outstanding common stock. James Michael Chu is also a significant individual shareholder.