Company Earnings UpdateRH (NYSE: RH) 4Q18 Results: Beats on Comps and EPS but Misses on Revenues; Reduces 2019 Guidance to Below Consensus Estimates Coresight Research March 29, 2019 Executive Summary RH reported 4Q18 revenues of $670.89 million, flat year over year and missing the $686.4 million consensus estimate due to sales weakness in December which persisted through the remainder of Q4. Adjusted EPS was $3.00, beating the $2.86 consensus estimate. Comparable-brand revenue growth was 5%, beating the 4.8% estimate and the 2% reported in the year-ago quarter. The company reduced 2019 guidance due to weakness in its core business as well as in high-end housing, guiding for 2019 adjusted net revenues of $2.58-2.63 billion, an increase of 3-5%, and adjusted EPS of $8.41-9.08, an increase of 11-19%. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Head-to-Head in Global Discount Grocery Retailing: Aldi vs. LidlUS Tariffs: Divergence Between Consumer and Business Sentiment and What It Means for RetailAnalyst Corner: Why India Retail is Primed for a Blockbuster Festive-Sale Season, with Manik BhatiaAnalyst Corner—Trimming Waistlines and Spending: Exploring New Data on GLP-1’s Impact on Consumer Purchases, with John Mercer
