The earnings call reflects a company experiencing strong growth and successful international expansions but facing significant challenges due to ongoing and potential new tariffs. While the growth metrics and achievements in Europe are positive, the uncertainties and financial impacts of tariffs present clear challenges.

Company Guidance

In the RH second quarter fiscal 2025 earnings call, the company reported an 8.4% revenue increase and a 13.7% demand increase, highlighting strategic separation despite tariff challenges and a challenging housing market. On a two-year basis, revenue grew by 12% with demand rising by 21%. The adjusted operating margin improved by 340 basis points to 15.1%, while adjusted EBITDA increased to 20.6%, with a 170 basis point impact from European expansion investments. Net income surged by 79%, and free cash flow reached $81 million. RH Paris recently opened, attracting significant traffic and surpassing expectations. The company plans to continue expanding globally, projecting a revenue growth of 9% to 11% for fiscal 2025, with an adjusted operating margin of 13% to 14% and free cash flow between $250 million and $300 million, despite ongoing tariff uncertainties and strategic delays.

Revenue and Demand Growth

Revenue increased by 8.4% and demand increased by 13.7% year-over-year, despite challenges such as tariff uncertainty and a weak housing market.

Net Income and Cash Flow

Net income increased by 79%, and the company generated $81 million of free cash flow in the quarter.

European Expansion Success

RH England saw gallery demand up 76% and online demand up 34%. RH Paris launched successfully with strong initial traffic and design pipeline exceeding expectations.

Adjusted Operating Margin and EBITDA

Adjusted operating margin increased to 15.1% and adjusted EBITDA to 20.6%, both up 340 basis points from last year.

RH (RH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

RH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Dec 04, 2025	2025 (Q3)	2.16 / -	2.48	―	―	―
Sep 11, 2025	2025 (Q2)	3.21 / 2.93	1.69	73.37% (+1.24)	―
Jun 13, 2025	2025 (Q1)	-0.09 / 0.13	-0.4	132.50% (+0.53)	―
Apr 02, 2025	2024 (Q4)	1.92 / 1.58	0.72	119.44% (+0.86)	―
Dec 12, 2024	2024 (Q3)	2.65 / 2.48	-0.42	690.48% (+2.90)	―
Sep 12, 2024	2024 (Q2)	1.56 / 1.69	3.93	-57.00% (-2.24)	―
Jun 13, 2024	2024 (Q1)	-0.13 / -0.40	2.21	-118.10% (-2.61)	―
Mar 27, 2024	2023 (Q4)	1.67 / 0.72	2.88	-75.00% (-2.16)	―
Dec 07, 2023	2023 (Q3)	0.94 / -0.42	5.63	-107.46% (-6.05)	―
Sep 07, 2023	2023 (Q2)	2.65 / 3.93	8.08	-51.36% (-4.15)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

RH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Sep 11, 2025	$228.12	$217.62	-4.60%
Jun 13, 2025	$189.12	$189.29	+0.09%
Apr 02, 2025	$249.35	$149.39	-40.09%
Dec 12, 2024	$381.38	$446.04	+16.95%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does RH (RH) report earnings?

RH (RH) is schdueled to report earning on Dec 04, 2025, After Close (Confirmed).

What is RH (RH) earnings time?

RH (RH) earnings time is at Dec 04, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is RH EPS forecast?

RH EPS forecast for the fiscal quarter 2025 (Q3) is 2.16.

RH (RH) Earnings News

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RH Crumbles on Earnings Miss

2y ago

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