RH (RH) Q1 2025 Earnings Call Transcript

RH (NYSE:RH) Q1 2025 Earnings Conference Call June 12, 2025 5:00 PM ET

Company Participants

Eri Chaya - President, Co-Chief Merchandising & Creative Officer and Director
Gary G. Friedman - Chairman & CEO
Jack M. Preston - Chief Financial Officer

Conference Call Participants

Ariana Warden - Unidentified Company
Brian William Nagel - Oppenheimer & Co. Inc., Research Division
Cristina Fernández - Telsey Advisory Group LLC
Jonathan Richard Matuszewski - Jefferies LLC, Research Division
Maksim Rakhlenko - TD Cowen, Research Division
Marius Cornel Morar - Zelman & Associates LLC
Michael Lasser - UBS Investment Bank, Research Division
Simeon Ari Gutman - Morgan Stanley, Research Division
Steven Paul Forbes - Guggenheim Securities, LLC, Research Division
William Andrew Carter - Stifel, Nicolaus & Company Incorporated, Research Division
Allison C. Malkin - ICR Inc.

Operator

Hello, and welcome to the RH First Quarter 2025 Earnings Call. [Operator Instructions]

I would now like to turn the conference over to Allison Malkin of ICR. You may begin.

Allison C. Malkin

Thank you. Good afternoon, everyone. Thank you for joining us for our first quarter fiscal 2025 earnings call. Joining me today are Gary Friedman, Chairman and Chief Executive Officer; and Jack Preston, Chief Financial Officer.

Before we start, I would like to remind you of our legal disclaimer that we will make certain statements today that are forward-looking within the meaning of the federal securities laws, including statements about the outlook of our business and other matters referenced in our press release issued today. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially. Please refer to our SEC filings as well as our press release issued today for a more detailed description of the risk factors that may affect our results. Please also note that these forward-looking statements reflect our opinions only