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Dear Lord Gary, What are you Doing! Recapping RH Results

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Consensus Media
Mar 31, 2026
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This is the single worst print I can remember from RH when taken in the context of what we saw from peers that included positive Williams-Sonoma results. What are they doing at RH other than eating caviar and Cheeseburgers American in Paris? Certainly not selling furniture. Look at these actuals vs. Consensus for 4Q and the forward guide (and please ignore the FY guide because we know that is optimistic):

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