earnings
confidence high
sentiment positive
materiality 0.75
RH Q4 revenue $812M (+18% comparable); adj op inc +57%; guides FY25 rev +10-13%
RH
2024-FY EPS reported
$3.62
revenue$3,180,753,000
- Q4 GAAP rev $812M (+18% comparable); adj op inc $92M (+57% comparable); GAAP net income $14M.
- FY2024 rev $3.181B (+5%; +6.8% comparable); adj EBITDA margin 16.9%; adj op margin 11.3%.
- FY2025 guide: rev +10-13%, adj op margin 14-15%, adj EBITDA margin 20-21%; Q1 rev +12.5-13.5%.
- RH Brand demand +21% in Q4 (comparable); product transformation and platform expansion cited as drivers.
- Plans to monetize ~$500M real estate equity and $200-300M inventory; 7 Design Galleries in 2025 incl Paris.