BRIEF-Rh - Q1 GAAP Net Revenues Decrease 1.7% To $800.3 Million - SEC Filing

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June 11 (Reuters) - RH RH.N:

  • Q1 GAAP NET REVENUES DECREASE 1.7% TO $800.3 MILLION - SEC FILING

  • SEES FY2026 REVENUE GROWTH 4.5%-8% - SEC FILING

  • : Q1 NET REVENUES NEGATIVELY IMPACTED BY ABOUT $45 MILLION DUE TO HIGHER BACKORDER SPECIAL ORDER BALANCES THAT WERE ABOUT $75 MILLION HIGHER VERSUS YEAR AGO

  • : EXPECTS A SIMILAR ELEVATED HIGHER BACKORDER SPECIAL ORDER BALANCE IN Q2, WITH BALANCES RETURNING TO NORMALIZED LEVELS BY END OF 2026

  • : ORDER BALANCES RETURNING TO NORMALIZED LEVELS BY 2026-END, RESULTING IN REVENUE PICK UP OF ABOUT $75 MILLION IN H2

  • OUTLOOK Q2 REVENUE GROWTH OF 0.5% TO 2.5%

  • Q1 ADJUSTED LOSS PER SHARE $1.97

  • Q1 EARNINGS PER SHARE VIEW $-2.11, REVENUE VIEW $792.8 MILLION -- LSEG IBES DATA

Source text: [ID:n0001104659-26-072941]

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