RH Class A

RH: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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RH Earnings: Despite Frozen Housing Market, Sales Grow as Product Launches Resonate With Consumers

Jaime M Katz

Dec 12, 2025

RH's third-quarter sales grew 9%, to $884 million, but the adjusted operating margin contracted 340 basis points to 11.6%, hurt by higher-than-expected tariff costs and opening expenses.

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United States

RH Class A

RH Earnings: Despite Frozen Housing Market, Sales Grow as Product Launches Resonate With Consumers

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