Formerly known as Restoration Hardware, RH NYSE: RH is a high-end home furnishings retailer offering curated collections of luxury furniture, decor, bathware and textiles. Its stock surged 25% following its second-quarter 2024 earnings release. The reaction didn't stem from a blowout earnings report but was rather a relief reaction that the worst may be over, and growth is returning to the company, further fueled by a healthy 13.03% short interest.Get RH alerts:The Tea Leaves Braced Investors for the WorstR ...

Why investors should consider taking a pass.Luxury furniture company RH (RH 25.49%) has been dealing with a difficult market for home furnishings the past few years, as the pandemic pulled forward a lot of demand for furniture when people were stuck in their homes. However, the company saw its shares soar recently following its second-quarter results, as RH (formerly known as Restoration Hardware) was able to generate revenue growth.While investors sent the shares soaring, I think there are a number of warn ...

RH soared on its Q2 earnings report.RH (RH 25.49%), the company formerly known as Restoration Hardware, has long been a battleground stock in the retail sector.The company has one of the more colorful CEOs in the business in Gary Friedman, who's prone to hyperbole and outlandish statements but is also one of the boldest thinkers in the industry.RH also has a unique business model: The company opens cavernous galleries to showcase its high-end furniture and mails out sourcebooks to promote its wares. It's be ...

RH stock spikes as it finally realizes the inflection point in demand it had been predicting.Consumers may be struggling on some levels, but it looks like they're not cutting back on luxury furniture. RH (RH 24.22%), formerly known as Restoration Hardware, just reported its fiscal second-quarter results that indicated demand is strong and accelerating.That report has the stock soaring Friday morning. Shares were up by 22.8% as of 11:15 a.m. ET, and that brought the stock's return positive for the year.RH ga ...

Shares of RH (NYSE:RH), formerly known as Restoration Hardware, are soaring today, up 19.2% at $305.72 at last glance, after the company's better-than-expected second-quarter earnings and revenue. According to the equity, demand for the furniture retailer's products rose 7% in the quarter, with CEO Gary Friedman how well-positioned it is for a housing-market rebound.On the charts, RH is gapping to its highest levels since April as it heads for its largest single-day percentage gain since Sept. 2020. Today's ...

JHVEPhoto Thesis My take is that RH (NYSE: NYSE:RH), a high-end retailer of home furnishings, has demonstrated its capability for long-term, sustainable growth going forward, even if concerns about adverse conditions in the housing market linger. As of Q2 2024, the market seems to agree, as the company's stock is trading up +51.35 (+20.02%) after posting solid results. RH reported earnings per share of $1.69, beating forecasts by $0.08… Seeking Alpha …and generated $829.66 million in revenue, surpassing ...

RH (RH) shares rallied 18.8% in the after-hours trading session on Sept. 12 after it reported better-than-expected results for second-quarter fiscal 2024 (ended Aug. 3, 2024). The luxury home furnishings retailer surpassed expectations for both earnings and revenues, driven by resilient demand despite a tough housing market.Product margins turned positive, thanks to the company’s ongoing investments in transforming its product lines and expanding its platform. Although growth was slower than anticipated, RH ...

Key TakeawaysRH shares jumped in premarket trading Friday after the luxury home furnishing retailer reported earnings that topped Wall Street’s estimates and said it continues to see robust demand.The stock sits poised to break out above the top trendline of a symmetrical triangle, potentially paving the way for a new move higher.Investors should monitor key price levels on the RH chart at $300, $335, $400, and $430, while watching the $280 area during pullbacks. RH (RH) shares soared 20% in premarket tradi ...

财务数据和关键指标变化 - 公司第二季度收入为8.3亿美元,同比增长3.6% [9] - 调整后的营业利润率为11.7%,调整后的EBITDA利润率为17.2% [9] - 公司预计全年收入增长5%-7%,调整后营业利润率11%-12%,调整后EBITDA利润率17%-18% [21] - 第三季度预计收入增长7%-9%,调整后营业利润率15%-16%,调整后EBITDA利润率21%-22% [21] - 公司预计全年将有8000万-1亿美元的订单积压,将拖累全年利润率约100个基点 [20] 各条业务线数据和关键指标变化 - 公司正在整合RH Contemporary Sourcebook,将其产品线并入RH Interiors和RH Modern [11][12] - 公司收购的Waterworks品牌业务规模接近2亿美元,利润率中高个位数,有望成为10亿美元的全球品牌 [13] 各个市场数据和关键指标变化 - 公司在美国市场的需求增长7%,7月增长10%,8月增长12% [7][21] - 公司计划2025年在巴黎和伦敦开设首家门店,2026年在米兰开设,以建立在欧洲的品牌影响力 [18] 公司战略和发展方向及行业竞争 - 公司正在进行最大规模的产品转型,同时大幅扩张线下门店,以提升品牌影响力 [7][8][14][15][16][17] - 公司认为自身在行业内的需求增长和利润率改善将大幅领先于竞争对手 [8][26][29] - 公司将继续专注于家具、照明、地毯等核心品类,并将Waterworks等高端品牌整合到自身平台上 [31][32][78] 管理层对经营环境和未来前景的评论 - 管理层认为即使在当前不利的房地产市场环境下,公司的需求和业绩也将持续改善 [9][19][21] - 管理层表示公司正在进行大规模的组织和流程优化,以提高效率和专注度 [51][52][55][80][81] - 管理层对公司在欧洲市场的长期发展前景充满信心,未来几年将大幅提升品牌影响力 [67][68][69] 其他重要信息 - 公司正在大幅提升线上业务的功能和体验,并计划申请相关的设计专利 [18] - 公司在人才和文化建设方面持续投入,认为这是公司长期发展的关键 [37][83] 问答环节重要的提问和回答 问题1 **Curt Nagle 提问** 询问公司产品毛利率的情况 [26][27][28][29] **Gary Friedman 回答** 公司产品毛利率已经转正,并有望在未来继续提升,公司有信心在行业内保持领先 [28][29] 问题2 **Steven Zaccone 提问** 询问公司新品引入的节奏和计划 [34][35][36][37] **Gary Friedman 回答** 公司新品引入将持续到明年中期,届时将进入更加稳定的节奏,公司正在不断优化和聚焦产品线 [35][36][37] 问题3 **Michael Lasser 提问** 询问需求增长和收入增长之间的差异以及未来趋同的时间 [71][72][73][74][75] **Gary Friedman 回答** 公司预计需求和收入之间的差距将在明年底前逐步缩小,具体时间取决于公司对新品的学习和反应速度 [75]

RH (RH) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.53 per share. This compares to earnings of $3.93 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.46%. A quarter ago, it was expected that this furniture and housewares company would post a loss of $0.08 per share when it actually produced a loss of $0.40, delivering a surprise of -400%.Over the last four quarters, the com ...