Profile
Sector:
Consumer CyclicalIndustry:
Specialty RetailCountry:
United StatesIPO:
02 November 2012Website:
http://www.rh.comNext earnings report:
06 September 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 28 Jun 2024 23:50:47 GMTDividend
Analysts recommendations
Institutional Ownership
RH Latest News
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 [email protected] or 646-581-9980, ext. 7980.
NEW YORK , June 24, 2024 /PRNewswire/ -- 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 [email protected] or 646-581-9980, ext.
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 [email protected] or 646-581-9980, ext. 7980.
CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) announced today the release of the 2024 RH Modern Sourcebook. Debuting more than 50 exclusive collections from internationally renowned designers, the comprehensive Sourcebook features the most significant reimagination since the inception of RH Modern in 2015. A new expression of modern design, the collection presents pieces from industry icons, offering the largest curated and fully integrated assortments of modern furnishings, lighting and.
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.
In RH's first quarter 2024 report to Wall Street, CEO Gary Friedman tried to put a positive spin on otherwise depressing news – the lipstick-on-a-pig metaphor comes to mind.
U.S. stocks traded mixed toward the trading, with the Dow Jones index falling around 0.2% on Friday.
RH shares plunged 18% after disappointing earnings and are down nearly 20% for the year. Q1 results show margin weakness, with RH gross margins down and SG&A spending up. Its reaffirmed outlook raises questions, with concerns about demand, revenue growth, and management credibility, given the macro environment.
RH's first-quarter fiscal 2024 results reflect the impact of higher interest rates in April.
RH's sales are down, costs are up, and operating expenses have increased, leading to lower profits. The company is still profitable, but profits aren't as good as they were before, and there's no clarity as to when things will improve.
What type of business is RH?
RH works as a retail seller of home furniture. They offer products in various categories, including furniture, lighting, textiles, bathroom accessories, decor, outdoor and garden furniture, as well as children's and teenage furniture. The company provides its products through its retail stores; series of catalogs, as well as online through the websites rh.com, restorehardware.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com. The company was previously known as Restoration Hardware Holdings, Inc. and changed its name to RH in January 2017. RH was founded in 1979 and is headquartered in Corte Madera, California.
What sector is RH in?
RH is in the Consumer Cyclical sector
What industry is RH in?
RH is in the Specialty Retail industry
What country is RH from?
RH is headquartered in United States
When did RH go public?
RH initial public offering (IPO) was on 02 November 2012
What is RH website?
https://www.rh.com
Is RH in the S&P 500?
No, RH is not included in the S&P 500 index
Is RH in the NASDAQ 100?
No, RH is not included in the NASDAQ 100 index
Is RH in the Dow Jones?
No, RH is not included in the Dow Jones index
When does RH report earnings?
The next expected earnings date for RH is 06 September 2024