RH (RH)

Underperform Recap: Q1 FY26

A Beat Against a Low Bar; the Whole Year Now Rests on a Second-Half Bridge

Underperform Recap: Q4 FY25

Fiscal 2026 Guides Below Fiscal 2025 on Every Line; Downgrading to Underperform

Hold Recap: Q3 FY25

The Margin Guide Broke and the Balance Sheet Healed; Only One of Those Was in the Plan

Hold Recap: Q2 FY25

Demand Is Not the Problem; the Balance Sheet Meeting the Tariff Bill Is