This Luxury Brand Just Repurchased Almost 20% of Its Stock: Genius or Risky?
RH just spent most of its cash on an aggressive repurchase last quarter. The buyback comes amid a big strategy shift for the company and uncertainty in the housing market.
Furniture sales at RH, Pottery Barn, West Elm tank as US housing market cools
Furniture retailers are seeing a slowdown in sales as Americans who are already struggling to afford homes aren't shelling out for a new dining table or couch.
1 Stock That Could Soar When the Housing Market Recovers
RH stock fell double digits as the company reported another round of declining sales and profits. Revenue growth is expected to improve over the coming quarters.
RH Continues Loading Up on Its Own Stock. Should You Buy Shares, Too?
Revenue is falling as the luxury retailer's operating environment remains challenging. Management expects a challenging market to persist into next year.
We believe Miami is one of the top three iconic cities in America, says RH CEO Gary Friedman
RH CEO Gary Friedman joins 'Mad Money' host Jim Cramer to talk quarterly earnings.
Stock Market Gains Fade As Inflation, Retail Data Loom; RH CEO Warning Hammers This Group
The stock market, including the Dow Jones, struggled Friday. Now inflation data and retail data is due in the week ahead.
RH Warns High Mortgage Rates Will Crimp Luxury Housing Market, Hurt Furniture Sales
RH (RH) shares sank more than 14% in midday trading after the high-end home furnishings retailer posted lower-than-expected guidance as rising mortgage rates affect luxury home sales.
Why RH Stock Is Down Today
RH met expectations for the quarter, but weakness in the luxury retail market is clearly having an impact. The company remains confident about its long-term future, but in the near term it could be...
RH stock sinks after CEO issues new warning
RH CEO Gary Friedman (RH) issued a new warning that with the current economic backdrop, being that mortgage rates are at a 20 year high, it will be difficult to keep sales steady for the remainder ...
Dismal Forecast Hits Home Retailer Hard
RH (NYSE:RH) is suffering a steep post-earnings slide today.
RH (RH) Q2 2023 Earnings Call Transcript
RH (NYSE:RH ) Q2 2023 Earnings Call Transcript September 7, 2023 5:00 PM ET Company Participants Allison Malkin - IR, ICR Gary Friedman - Chairman and CEO Jack Preston - CFO Conference Call Partici...
RH (RH) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for RH (RH) give a sense of how the business performed in the quarter ended July 2023, it could be worth looking at how some of its key metrics compare to Wal...
RH (RH) Q2 Earnings and Revenues Beat Estimates
RH (RH) came out with quarterly earnings of $3.93 per share, beating the Zacks Consensus Estimate of $2.63 per share. This compares to earnings of $8.08 per share a year ago.
RH warns that luxury housing will remain challenging amid higher mortgage rates
Luxury furniture retailer RH on Thursday reported second-quarter results that topped estimates, but management warned that the higher-end housing market that the company depends on would likely rem...
RH 2Q financial results beat estimates; stock slides on mixed outlook
RH (NYSE:RH), the parent company of Restoration Hardware, after Thursday's close reported second quarter 2023 revenue of $800 million, down from $992 million a year earlier but better than the Zack...
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