RH
RHRH, formerly known as Restoration Hardware, is a luxury brand specializing in upscale home furnishings, décor, and accessories. Founded in 1979, the company is renowned for its high-quality products, distinctive showroom experiences, and emphasis on modern, sophisticated design. RH operates through retail stores, select outlets, and a robust e-commerce platform, catering to affluent consumers seeking premium home environments.
Company News
RH (Restoration Hardware) stock has declined 69% from its 2021 peak due to weak housing market conditions and tariff pressures, but the article argues it could achieve 10x returns if the housing market recovers. Despite sector headwinds, RH continues delivering solid growth (9% revenue increase) and expanding internationally in Europe while explo...
November retail sales grew 0.6% month-over-month and 3.1% year-over-year, with strong performance in e-commerce, sporting goods, and clothing. The article identifies potential winners including Amazon, Nike, Dick's Sporting Goods, e.l.f. Beauty, and Toast, while furniture and home improvement categories remain weak, pressuring companies like RH, ...
Law firm Robbins Geller is investigating RH for potential securities law violations related to false or misleading statements. RH reported Q4 2024 earnings significantly below guidance (EPS $1.58 vs. $1.92 expected, revenue $812M vs. $830M expected), causing the stock to fall over 40%.
RH reported strong Q3 performance with 9% revenue growth and positive free cash flow, despite challenging housing market conditions. The company is pursuing international expansion in Europe while managing potential risks from ongoing housing market slowdown.
U.S. stock futures showed mixed performance on Friday following Thursday's market rotation. President Trump signed an AI executive order, and several companies reported earnings, with varied market reactions.
