RH Defies Tariffs, Earns Surprise Profit
Here's our initial take on RH's (NYSE: RH) fiscal 2025 first-quarter financial report.
It's been a tough environment for retailers across the industry in 2025, given all the pressures they've seen. Between macroeconomic weakness and industry-specific tariff issues, RH investors were simply hoping to see some signs of recovery from the luxury home furnishings retailer.
Instead, what they got was a blowout quarter. Sales growth of 12% was respectable, even though it fell slightly short of what most analysts following RH had expected to see. But the big news was RH's adjusted net income of $2.6 million, which worked out to $0.13 per share. Most investors believed that RH would lose money, so the success in keeping costs under control and maintaining pricing discipline was particularly significant.
Source Fool.com
