RH

Who owns RH?
RH is publicly traded on the NYSE (ticker: RH). Ownership sits with public and institutional shareholders, with chairman and CEO Gary Friedman as the largest individual shareholder.

Is RH a public company?
Yes. RH trades on the New York Stock Exchange under the ticker RH. It first listed in 1998, went private in 2008, and relisted in 2012.

What does RH stand for?
RH stands for nothing officially now, but it derives from the company's original name, Restoration Hardware. The company formally rebranded to RH in 2017 to reflect its evolution beyond hardware into a luxury home furnishings brand.

How much revenue does RH make?
RH reported revenue of $922.2 million in Q2 fiscal 2026, up 2.6% year over year. The company guided full-year FY2026 revenue growth of 5.5% to 7%, with analyst consensus around $3.63 billion.

Where is RH headquartered?
RH is headquartered in Corte Madera, California, in Marin County north of San Francisco.

Who is the CEO of RH?
Gary Friedman is chairman and CEO of RH. He joined the company in 2001 from Williams-Sonoma and has led its transformation into a luxury brand, including its 2008 take-private and 2012 relisting.

Stephen Gordon founded Restoration Hardware in 1979 in Eureka, California, after failing to find quality hardware for his own Victorian home restoration. The original store sold hard-to-source fittings and period details for old-house renovators. The chain expanded through the 1980s and 1990s into a mall retailer selling nostalgic home furnishings and went public in 1998.

Gary Friedman joined in 2001 from Williams-Sonoma and became CEO, initiating the move upmarket. The 2008 financial crisis hammered the company, which was taken private by a group including Friedman and Catterton Partners for about $170 million. RH relisted on the NYSE in 2012 and began its full transformation.

The defining strategy was the gallery model. RH closed small mall stores and replaced them with design galleries in landmark locations: 90,000 square feet in New York's Meatpacking District, historic buildings in Nashville, Toronto and elsewhere, many with restaurants, espresso bars and interior design services. The company dropped the Restoration Hardware name in 2017.

The brand expanded into adjacent categories: RH Modern, RH Teen, RH Baby & Child, outdoor collections, contract and hospitality furniture, and lifestyle extensions including RH Guesthouses, private jets and yachts. In 2024 and 2025 the company accelerated its European gallery rollout, opening locations in London and Paris.

The post-2022 furniture downturn pressured results, but RH kept investing. In summer 2026 it launched RH Estates, a higher-priced assortment introduced through a 268-page Sourcebook that Friedman said could double the company's total addressable market. Q2 FY2026 results, reported in September 2026, showed revenue of $922.2 million, up 2.6%, with the company forecasting accelerated growth of 16% to 21% in the fourth quarter driven by Estates, international expansion and backlog conversion.

RH publishes governance and sustainability information through its investor disclosures rather than a dedicated large-scale ESG report. Its material focus areas include responsible wood and materials sourcing, packaging and shipping efficiency.

The company's sourcing model, which relies on contract manufacturers in Asia and elsewhere, follows standard U.S. import and labor compliance requirements. As a luxury brand, its profile has not attracted the volume-driven sustainability scrutiny aimed at mass-market furniture and fast-fashion competitors.

Tariff and supply chain exposure. RH's reliance on Asian manufacturing has made it a high-profile casualty of trade policy debates. In 2026 the company disclosed $50 million in unplanned supply chain costs tied to Middle East oil price spikes, partially offset by tariff refunds that contributed $55.1 million to Q2 EBITDA.

Restructuring and layoffs. The company has carried out several rounds of corporate restructuring and layoffs during its transformation and the post-2022 home furnishings downturn, drawing periodic attention to executive changes and workforce reductions.

CPSC recalls. RH has issued periodic product recalls for furniture and decor, including tip-over and electrical hazards, handled through standard U.S. Consumer Product Safety Commission processes.