RH sinks after dour annual forecasts

RH

31/03/2026 22:18

** Shares of luxury furniture retailer RH RH.N down ~18% at $114.88 in extended trade

** Co sees annual revenue growth of 4% to 8%, below estimates of 8.8% growth, per data compiled by LSEG

** Sees annual adjusted EBITDA margin of 14% to 16%, below 17.3% reported in 2025

** Co also reports Q4 net revenue of $843 million, below expectations of $873 million

** Says quarterly revenues were negatively impacted by about $30 million due to higher-than-expected backorder and special order balances as a result of tariff-related resourcing and approximately $10 million due to adverse weather at the end of the quarter

** Co reports Q4 adjusted EPS of $1.53 vs. expectations of $2.22

** Shares fell 22% YTD

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com))