RH is expected to report fiscal second quarter revenue of $915.41 million and earnings of $0.42 per share, while the stock currently trades at $147.99, approximately 15% below the average analyst price target of $174.50. Investors are primarily focused on the demand trajectory for the newly launched RH Estates collection, which management expects will drive significant growth in the second half of the year.
After reporting a surprise loss in the first quarter, analysts are looking for the luxury retailer to swing back to profitability despite a sluggish housing market. Commentary on the performance of international gallery openings in London and Paris, alongside any updates to full-year EBITDA margin guidance, will be crucial for determining if the brand's turnaround is gaining momentum.