RH: Ambitious Luxury Vision Meets Liquidity Issues - Why I Sold [Seeking Alpha]
RH (RH)
Last rh earnings: 3/30 04:05 pm
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US:NYSE Investor Relations:
ir.restorationhardware.com/investor-overview
Company Research
Source: Seeking Alpha
I sold my RH shares at $340 due to liquidity risks from questionable capital allocation, despite a 17% profit and long-term confidence in CEO Gary Friedman. RH's aggressive debt-funded buybacks weakened its balance sheet, reducing cash reserves and increasing net debt, creating significant financial strain. Rising interest rates and a slowing housing market have severely impacted RH's cash flow, leading to negative free cash flow and heightened debt servicing obligations. While RH's long-term potential remains compelling, current liquidity challenges and financial instability make reinvestment speculative until the balance sheet strengthens. felixmizioznikov In June 2023 , I published an analysis on RH ( NYSE: RH ), formerly Restoration Hardware, highlighting its immense long-term potential. I am confident in CEO Gary Friedman, an "Outsider" CEO—leaders who employ unconventional, highly effective strategies to grow value per share over time as This article was written by
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RH
News
- RH (NYSE: RH) had its "underperform" rating re-affirmed by analysts at BNP Paribas. They now have a $253.00 price target on the stock.MarketBeat
- ReallyVeryCrunchy Shares Her Secrets To Decorating A Crunchy Home [Forbes]Forbes
- Splash Car Wash Opens Its 65th Site [Yahoo! Finance]Yahoo! Finance
- RH Announces the Opening of RH Raleigh, The Gallery at North HillsBusiness Wire
- RH (NYSE: RH) was upgraded by analysts at Wedbush from a "neutral" rating to an "outperform" rating. They now have a $430.00 price target on the stock.MarketBeat
RH
Earnings
- 9/12/24 - Miss
RH
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- RH's page on the SEC website