earnings
confidence high
sentiment positive
materiality 0.75
RH Q1 revenues $814M (+12% YoY); maintains FY 2025 guidance amid tariff uncertainty
RH
2025-Q1 EPS reported
$0.40
revenue$813,952,000
- GAAP operating margin 6.9%; adjusted operating margin 7.0%; adjusted EBITDA margin 13.1%.
- Positive free cash flow of $34M in Q1; FY 2025 free cash flow forecast $250-350M.
- Q2 outlook: rev growth 8-10%, adj operating margin 15-16%, adj EBITDA margin 20.5-21.5%.
- Lisa Chi returns as President, Co-Chief Merchandising & Creative Officer.
- Tariff disruption expected to cut Q2 rev by 6 points; China sourcing to drop from 16% to 2% by Q4.
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