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RH Reports Quarterly GAAP Net Revenues Of $869 Million Versus $1,006 M Ln

Published on December 08, 2022 01:41 PM PST

RH Reports Quarterly GAAP Net Revenues Of $869 Million Versus $1,006 M Ln — Image source: ©2022 Kalkine Media®

Dec 8 (Reuters) - RH:

* QTRLY GAAP NET REVENUES OF $869 MILLION VERSUS. $1,006 M LN

* Q3 GAAP DILUTED EPS OF $3.78; Q3 ADJUSTED DILUTED EPS OF $5.67

* Q3 EARNINGS PER SHARE VIEW $4.70, REVENUE VIEW $838.1 MILLION -- REFINITIV IBES DATA

* EXPECT BUSINESS TRENDS TO CONTINUE TO DETERIORATE AS RESULT OF ACCELERATING WEAKNESS IN HOUSING MARKET OVER NEXT SEVERAL QTRS, POSSIBLY LONGER

* EXPECT FISCAL 2022 REVENUE GROWTH OF (3.5%) TO (4.5%) VERSUS OUR PRIOR OUTLOOK OF (3.5%) TO (5.5%) Source text for Eikon: Further company coverage:

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