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RH (Restoration Hardware) reported a significant 40% drop in stock value following an earnings miss, with a 17% decline in EPS reported on April 2. The company’s current stock price is around $123, down from a previous high of $240.
For the current quarter, analyst earnings estimates saw a steep reduction from $1.43 to $0.30, reflecting a 79% decrease. Next year’s projections have also dropped from $19.89 to $15.92, indicating a 20% reduction in consensus.
Management cited risks from macroeconomic pressures and ongoing tariff uncertainties impacting supply chains from countries like China and Mexico. RH holds a Forward PE of 15 and has received Zacks ratings of “F” in Growth and “D” in Value.
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