Furniture retailer RH rises after surprise profit; on track to cut China exposure

RH

12/06/2025 22:05

** Shares of luxury furniture retailer RH RH.N up 18.8% at $210.10 after the bell

** RH posts Q1 adj profit of 13 cents/shr versus Wall Street estimates of a loss of 9 cents/shr

** Reports quarterly revenue rise of 12%, nearly in line with expectations, according to data compiled by LSEG

** Maintains annual forecast, despite uncertainty related to tariffs and macroeconomic environment, assuming existing tariffs remain unchanged

** Says tariff disruption will negatively impact revenue by about 6 points in Q2 and expects recovery in the second half

** "We have continued to shift sourcing out of China and expect receipts to decrease from 16% in Q1 to 2% in Q4"

** Company sees Q2 revenue growth of 8% to 10%, compared with estimates of 10.3% rise

** Up to last close, stock down 55% YTD

 (Reporting by Neil J Kanatt and Puyaan Singh)

 ((Puyaan.Singh@thomsonreuters.com;))