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RH Fiscal Q2 Adjusted Earnings Decline, Revenue Rises; Shares Surge After Hours
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RH Fiscal Q2 Adjusted Earnings Decline, Revenue Rises; Shares Surge After Hours
Sep 13, 2024 8:00 PM

04:28 PM EDT, 09/12/2024 (MT Newswires) -- RH (RH) reported fiscal Q2 adjusted earnings late Thursday of $1.69 per diluted share, down from $3.93 a year earlier.

Analysts polled by Capital IQ expected $1.61.

Revenue in the three months ended Aug. 4 rose to $829.7 million from $800.5 million a year earlier.

Analysts surveyed by Capital IQ expected $824.5 million.

The company's shares soared 19% in after-hours activity.

Price: 305.37, Change: +48.88, Percent Change: +19.06

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