Thu. Feb 6th, 2025

RH Reports Second Quarter Fiscal 2024 Earnings

RH, the home furnishings retailer, reported second quarter fiscal 2024 earnings on Wednesday, August 24. The company posted a net income of $141.3 million, or $2.58 per diluted share, compared to $121.8 million, or $2.19 per diluted share, in the same period last year. Total net sales increased 10.3% to $1.3 billion from $1.2 billion in the second quarter of fiscal 2023. The company’s gross profit margin expanded 120 basis points to 38.5%.

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