RH(NYSE) RH

Rh helps people furnish and design luxury homes. It sells furniture and decor through high-end showrooms and websites. The company also operates restaurants inside its stores to serve wealthy clients.

What's in the Gallery?

• Home Furnishings: Luxury furniture, lighting, and textiles sold through large showrooms and Sourcebooks, which are printed catalogs.
• RH Hospitality: Integrated dining experiences, including restaurants and wine bars, located in 26 Design Gallery locations.
• Waterworks: Premium bath and kitchen fixtures sold via 14 specialized showrooms in the United States and United Kingdom.
• RH Modern: Assortments of contemporary furniture and upholstery collections designed for a modern luxury aesthetic.

Growing Around the World

• Closed a real estate transaction in May 2026 with a third-party Developer to acquire several completed galleries.
• Opened RH Paris on the Champs-Élysées in September 2025 to grow its presence in Europe.
• Launched RH Milan in April 2026 and scheduled a new gallery for London in June 2026.
• Introduced RH Estates in 2026, which features custom furniture and upholstery collections.

Beyond Traditional Retail

The company uses architecturally inspiring galleries to showcase products in home-like settings. This ecosystem includes hospitality and luxury travel services to build a global lifestyle brand.

A Look at the Numbers

• Net revenues were $800 million for the three months ended May 2, 2026, down 1.7% year-over-year.
• Gross margin reached 41.4% in the first quarter of 2026, down from 43.7% in the prior year.
• The company reported a net loss of $14 million for the three-month period ended May 2, 2026.
• Total net debt was $2.37 billion as of May 2, 2026.

The Final Word

Rh has transitioned from a traditional furniture store into a global luxury lifestyle platform. It continues to expand its physical footprint in major international cities while integrating hospitality into its retail model.