RH gains after surprise Q1 profit, unchanged forecast

RH

13/06/2025 10:48

** Shares of furniture retailer RH.N jump 18.2% to $209 premarket

** Co posts Q1 surprise profit of 13 cents/shr vs estimates of 9 cents/shr loss - data compiled by LSEG

** Q1 revenue of $814 mln slightly misses expectations of $818.1 mln

** Maintains FY25 forecast, but delays new concept launch to spring of FY26 from H2 FY25 due to tariff uncertainty

** Jefferies says shares higher due to unchanged guidance in face of challenging backdrop; plans to scale down capital expenditure encouraging

** Brokerage leaves rating and PT unchanged due to lack of catalysts

** Average rating of 20 analysts is "buy", median PT at $217.50 - data compiled by LSEG

** Stock has more than halved this year as of last close

 (Reporting by Purvi Agarwal in Bengaluru)

 ((Purvi.Agarwal@thomsonreuters.com;))