RH gains after surprise Q1 profit, unchanged forecast

Shares of furniture retailer RH.N jump 18.2% to $209 premarket

Co posts Q1 surprise profit of 13 cents/shr vs estimates of 9 cents/shr loss - data compiled by LSEG

Q1 revenue of $814 mln slightly misses expectations of $818.1 mln

Maintains FY25 forecast, but delays new concept launch to spring of FY26 from H2 FY25 due to tariff uncertainty

Jefferies says shares higher due to unchanged guidance in face of challenging backdrop; plans to scale down capital expenditure encouraging

Brokerage leaves rating and PT unchanged due to lack of catalysts

Average rating of 20 analysts is "buy", median PT at $217.50 - data compiled by LSEG

Stock has more than halved this year as of last close