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RH Stock Before Q2 Earnings: Should You Buy Now or Sell?
ZACKS· 2024-09-11 01:15
RH (RH) , formerly known as Restoration Hardware) is scheduled to release second-quarter fiscal 2024 (ended Aug. 3, 2024) results on Sept. 12, after the closing bell. In the first quarter of fiscal 2024, the company delivered tepid results, with an adjusted loss of 40 cents per share, missed the consensus mark of a loss of 8 cents by a whopping 400%. The reported figure also decreased from the year-ago period's earnings of $2.21 per share. Adjusted net revenues of $727 million slightly came ahead of the con ...
Earnings Preview: RH (RH) Q2 Earnings Expected to Decline
ZACKS· 2024-08-29 23:00
The market expects RH (RH) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended July 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock ma ...
RH (RH) Declines More Than Market: Some Information for Investors
ZACKS· 2024-08-27 21:13
The most recent trading session ended with RH (RH) standing at $280.30, reflecting a -1.01% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.32%. Meanwhile, the Dow gained 0.16%, and the Nasdaq, a tech-heavy index, lost 0.85%. Heading into today, shares of the furniture and housewares company had gained 0.78% over the past month, lagging the Consumer Staples sector's gain of 5.16% and the S&P 500's gain of 1.52% in that time. The investment co ...
RH (RH) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-08-17 07:15
RH (RH) closed the most recent trading day at $268.13, moving -0.42% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.2% for the day. At the same time, the Dow added 0.24%, and the tech-heavy Nasdaq gained 0.21%. Prior to today's trading, shares of the furniture and housewares company had lost 1.64% over the past month. This has lagged the Consumer Staples sector's gain of 4.54% and the S&P 500's loss of 1.49% in that time. Analysts and investors alike wil ...
RH Investors Have Opportunity to Join RH Fraud Investigation with the Schall Law Firm
Prnewswire· 2024-08-02 22:45
LOS ANGELES, Aug. 2, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of RH ("RH" or "the Company") (NYSE: RH) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. RH reported its financial results for the first quarter on June 13, 2024. The Company's revenue fell by ...
RH: More Confidence That Growth Can Inflect Upwards This Year
Seeking Alpha· 2024-07-16 22:53
Morsa ImagesInvestment overview I wrote about RH (NYSE:RH) previously (18 January 2024) with a buy rating as I was positive that RH can continue to win share due to its scale advantage against subscale players. I have become more optimistic about RH seeing growth inflection this year, as there are macro indicators that suggest so. Moreover, RH’s current growth strategy (launch of the sourcebook and opening of galleries) should drive up visibility for new products, setting it up well to take advantage of ...
RH (RH) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-07-16 07:20
In the latest trading session, RH (RH) closed at $276.21, marking a +0.58% move from the previous day. This move outpaced the S&P 500's daily gain of 0.28%. On the other hand, the Dow registered a gain of 0.53%, and the technology-centric Nasdaq increased by 0.4%.The furniture and housewares company's shares have seen an increase of 19.54% over the last month, surpassing the Consumer Staples sector's gain of 1.71% and the S&P 500's gain of 3.78%.The upcoming earnings release of RH will be of great interest ...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of RH - RH
GlobeNewswire News Room· 2024-07-01 04:18
NEW YORK, June 30, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of RH (“RH” or the “Company”) (NYSE: RH). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether RH and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On June 13, 2024, RH reported its financial ...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of RH - RH
GlobeNewswire News Room· 2024-06-22 22:38
NEW YORK, June 22, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of RH (“RH” or the “Company”) (NYSE: RH).   Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether RH and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On June 13, 2024, RH reported its financia ...
Restoration Hardware Stock: Should You Buy After Earnings Drop?
MarketBeat· 2024-06-20 19:21
RH NYSE: RH, once known as Restoration Hardware, is a high-end home furnishing retailer. The firm's shares plummeted after it missed analysts' consensus estimates on first-quarter earnings last Thursday, June 13, 2024. It reported an earnings-per-share (EPS) of negative $0.40, compared to an estimate of negative $0.08. As a result, by the end of trading on Friday, the share price had fallen by nearly 20%. Despite these disappointing results, several analysts at Bank of America and Wells Fargo remain bullish ...