Last week, RH RH reported an earnings miss for the third quarter, but raised its guidance.Despite overall furniture demand remaining soft, the company witnessed better-than-expected demand trends in the third quarter and so far in the fourth quarter, which suggests market share gains, according to Telsey Advisory Group.Analyst Cristina Fernández upgraded the rating for RH from Market Perform to Outperform, while raising the price target from $485 to $500.The RH Thesis: While the company had reported a 13% i ...

GRAYS, ENGLAND - FEBRUARY 5: A general view of an RH Outlet furniture retail store at Lakeside ... [+] Retail Park on February 5, 2024 in Grays, United Kingdom. (Photo by John Keeble/Getty Images)Getty ImagesNote: RH fiscal year ends in February’s first week.RH stock, is an upscale home furnishings retailer, which was formerly known as Restoration Hardware Holdings Inc. The company’s stock currently trades near $396 per share (Dec 18), up around 80% in the last six months. In comparison, the S&P index has b ...

文章核心观点 - RH公司通过开设新的沉浸式画廊RH Newport Beach, The Gallery at Fashion Island, 重新定义实体零售体验, 旨在扩大其在南加州市场的客户基础和增长趋势 [1][6] 新画廊介绍 - 新画廊位于南加州市场, 占地97,000平方英尺, 共四层, 提供室内外空间, 并可欣赏太平洋海景 [3] - 一楼和二楼展示RH系列的艺术生活方式装置, 包括RH户外系列, RH Baby & Child和RH TEEN系列, 以及品牌标志性沙发、组合沙发和椅子的精致版本 [4] - 三楼设有公司首个完全整合的Waterworks展厅, 展示精选的浴室和厨房配件, 以及互动式RH室内设计工作室, 提供专业设计服务 [4] - 四楼设有两个相邻的葡萄酒吧, 提供葡萄酒和香槟, 并通过双浮动楼梯通往屋顶, 屋顶设有270个座位的室内外屋顶餐厅, 提供海鲜菜单和豪华特色菜 [5] 公司战略与未来计划 - 公司认为RH Newport Beach的创新精神将帮助其渗透和保留南加州市场, 反映客户基础扩展和增长趋势 [6] - 公司计划在2024年底前开设RH Montecito画廊, 重新构想位于圣巴巴拉的历史消防站, 并设有RH Firehouse Grill餐厅, 葡萄酒和咖啡吧, 以及室内设计工作室 [8] - 公司计划在2025年开设七个北美画廊和两个国际画廊, 包括RH巴黎和RH伦敦 [9] 市场表现与前景 - 公司股价在过去三个月上涨25.4%, 而Hoya Capital Housing ETF下跌5%, 表明市场对其产品线转型和平台扩展的投资持乐观态度 [11]

More than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth potential, a solid management team, a sound capital allocation policy, and, most importantly, reasonable valuation. I do not chase quarterly results, nor do I follow the herd mentality. I do not use short-term stock performance as the measure of a company' ...

U.S. stocks traded lower midway through trading, with the Nasdaq Composite down around 0.2% on Friday.The Dow traded down 0.20% to 43,824.10 while the NASDAQ fell 0.17% to 19,869.43. The S&P 500 also fell, dropping, 0.14% to 6,042.84.Check This Out: Jim Cramer Says This CEO ‘Built An Amazing Company,’ Recommends Buying NetflixLeading and Lagging SectorsUtilities shares jumped by 0.3% on Friday.In trading on Friday, communication services shares fell by 0.8%.Top HeadlineShares of RH RH rose around 15% on Fri ...

RH (RH 13.97%) -- formerly known as Restoration Hardware -- is thriving even as the housing market stumbles. That's the gist of why investors poured into the stock today. It wasn't the luxury retailer's third-quarter results that had its stock soaring as much as about 20% Friday morning, though.Its comments about the current quarter and future outlook have investors piling into RH shares. While the stock pared some of Friday morning's gains, it remained higher by 14.1% as of 10:38 a.m. ET. That has now give ...

RH’s (RH) shares rallied 17.7% in yesterday’s after-hours trading session despite its third-quarter fiscal 2024 (ended Nov. 2, 2024) earnings missing the Zacks Consensus Estimate.The luxury home furnishings retailer surpassed expectations for revenues, driven by resilient demand despite a tough housing market. Both metrics increased on a year-over-year basis.The company successfully met its growth expectations for demand and revenues in the fiscal third quarter, demonstrating solid year-over-year performanc ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Key TakeawaysRH shares are jumping in premarket trading Friday after the luxury home furnishings retailer boosted its full-year outlook and swung to a profit in the third quarter.CEO Gary Friedman said gains came despite a weak housing market.RH lifted its sales growth forecast at both the low and high ends of its range. RH (RH) shares jumped premarket after the luxury home furnishings retailer boosted its full-year outlook and swung to a profit in the third quarter. The company is forecasting revenue grow ...

RH (NYSE:RH) Q3 2024 Earnings Call Transcript December 12, 2024 5:00 PM ET Company Participants Allison Malkin - IR, ICR Gary Friedman - Chairman and CEO Jack Preston - CFO Conference Call Participants Michael Lasser - UBS Christopher Horvers - JPMorgan Steven Zaccone - Citi Steven Forbes - Guggenheim Max Rakhlenko - TD Cowen Curt Nagle - Bank of America Seth Basham - Wedbush Securities Andrew Carter - Stifel Brian Nagel - Oppenheimer Jonathan Matuszewski - Jefferies Zach Fadem - Wells Fargo Operator Hello, ...