Fresh off a hot quarter, RH opens its biggest Gallery yet [Yahoo! Finance]
RH (RH)
Last rh earnings: 3/30 04:05 pm
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US:NYSE Investor Relations:
ir.restorationhardware.com/investor-overview
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Source: Yahoo! Finance
RH chairman, CEO and impresario-in-chief Gary Friedman was in a buoyant mood on the company's earnings call last week—and for good reason. Despite a stubborn housing market, the retailer formerly known as Restoration Hardware was reporting pretty darn good numbers. What's more, Friedman had some new milestones to crow about, including the first stand-alone RH Interior Design Studio (in Palm Desert, California) and the biggest-ever RH Gallery (in Newport Beach). The weather is improving on the luxury mountain. First, the money news. RH's net revenue popped up to $812 million, 8 percent higher than where it had been during the same time last year—and of that figure, $33 million fell to the bottom line as profit. Demand growth was also up to 13 percent for the quarter. The numbers, Friedman said, reflect the company's strategy of doubling down during the most recent home goods slump: “We believe the important investments we are making during this depressed housing cycle are creating a
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RH
News
- Retail Innovator MINE Celebrates 2,000th Showroom MilestonePR Web
- RH (NYSE: RH) was upgraded by analysts at Telsey Advisory Group from a "market perform" rating to an "outperform" rating. They now have a $500.00 price target on the stock, up previously from $485.00.MarketBeat
- What's Fueling RH's 87% Stock Surge? [Forbes]Forbes
- RH Announces the Opening of RH Interior Design Palm DesertBusiness Wire
- Retail meets restaurant at new design gallery at Fashion Island [Los Angeles Times (CA)]Los Angeles Times
RH
Earnings
- 12/12/24 - Miss
RH
Sec Filings
- 12/19/24 - Form 4
- 12/17/24 - Form 144
- 12/12/24 - Form 10-Q
- RH's page on the SEC website