FMP

FMP

RH Soars 22% After Surprise Q1 Profit

-

twitterlinkedinfacebook
blog post cover photo

Image credit: FMP

RH (NYSE:RH) shares surged more than 22% intra-day today after the upscale furniture brand defied expectations with an unexpected first-quarter profit, signaling resilience amid economic headwinds.

The company earned 13 cents per share, surprising analysts who had anticipated a loss of 9 cents per share. While quarterly revenue came in slightly below forecasts at $814 million versus the expected $818.1 million, investors were clearly more impressed by RH’s bottom-line performance.

The stronger-than-expected earnings reinforced investor confidence in the company’s ability to navigate a tough retail landscape while preserving profitability. Despite falling short on revenue, RH kept its full-year guidance unchanged, reflecting management’s steady hand and belief in long-term momentum.

However, not all plans are moving forward on schedule. The launch of a new business concept has been postponed to spring of fiscal 2026, pushed back from the originally planned debut in the latter half of fiscal 2025. The delay stems from uncertainty around tariffs, with the company citing the potential for shifting costs as the main reason for holding off.

The stock’s rally underscores the market’s focus on operational strength and cost management, rewarding RH for beating expectations where it mattered most—even as some topline pressures persist.

Other Blogs

Nov 22, 2024 10:08 AM - Parth Sanghvi

Fundamental Analysis: Principles, Types, and How to Use It

Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...

blog post title

Dec 17, 2024 1:58 PM - Sanzhi Kobzhan

Examining Tesla’s Financial Health Using FinancialModelingPrep’s Ratios API

Tesla, one of the world’s most talked-about electric vehicle manufacturers, attracts a lot of attention from investors and market watchers. By examining a snapshot of Tesla’s financial ratios—such as those provided by FinancialModelingPrep’s Ratios API—we can get a clearer picture of the company’s f...

blog post title

Dec 22, 2024 12:59 PM - Sanzhi Kobzhan

Two great Software Platform Stocks Similar to Palantir (PLTR)

When it comes to cutting-edge software and data analytics, Palantir Technologies (NYSE: PLTR) is often front and center. But for many investors, it’s important to consider alternative or complementary stocks in the same sector that may offer robust growth potential. As PLTR looks expensive (overvalu...

blog post title