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RH Swings to Q1 Adjusted Loss, Revenue Decreases -- Shares Fall After-Hours
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RH Swings to Q1 Adjusted Loss, Revenue Decreases -- Shares Fall After-Hours
Jun 13, 2024 2:39 PM

05:09 PM EDT, 06/13/2024 (MT Newswires) -- RH (RH) reported a Q1 adjusted loss late Thursday of $0.40 per diluted share, compared with an EPS of $2.21 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.09.

Revenue for the quarter ended May 4 was $727 million, down from $739.2 million a year earlier.

Analysts surveyed by Capital IQ expected $725.2 million.

The company's shares were falling about 10% in after-hours activity.

Price: 249.93, Change: -27.12, Percent Change: -9.79

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