RH (RH) Company Overview

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) has announced the launch of its 2025 RH Outdoor Sourcebook, which showcases the biggest selection of luxury outdoor living products from one brand globally. RH Chairman & CEO Gary Friedman stated, “We have dedicated many years to creating a platform that highlights the best designers and top-quality outdoor furniture manufacturers.” The 2025 Outdoor Sourcebook includes over 40 exclusive collections.

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RH (RH) closed at $415.27 on the most recent trading day, showing a slight increase of 0.13% from its previous closing price.

Even though RH has faced challenges in its business since the pandemic started to ease as a public health crisis, the company has recently seen a rise in its stock market performance.

After three years of decreased demand, low housing sales, and reduced profit margins, Morgan Stanley suggests that RH is starting to show signs of improvement.

Last week, RH announced that it did not meet earnings expectations for the third quarter, but it has increased its forecasts.

Please note that the RH fiscal year concludes in the first week of February.

RH, a company known for luxury home furniture and furnishings, has reported an 8% increase in its third-quarter revenues, reaching $812 million. Additionally, the demand for its main RH brand has risen even more, showing a growth of 14% through October.

RH is entering the Southern California market by opening a new gallery called RH Newport Beach, located at The Gallery at Fashion Island.