Furnishing The Future: RH's 'Beautiful Chaos' Drives Q2 Gains
RHRH(RH) Seeking Alpha·2024-09-13 23:01
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 ...