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These Analysts Cut Their Forecasts On RH After Q1 Results

RH (NYSE:RH) reported mixed first-quarter financial results on Thursday. RH reported quarterly losses of 40 cents per share which missed the analyst consensus estimate of losses of 12 cents per share. Quarterly sales came in at $726.96 million which beat the analyst consensus estimate of $724.7 million, according to data from Benzinga Pro. "We are pleased to report that our demand trends inflected positive in the first quarter and continue to build momentum despite operating in the most challenging housing market in three decades," said Gary Friedman, CEO of RH. RH said it sees second-quarter demand ...