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Stock impact report

Reflecting On Home Furniture Retailer Stocks' Q2 Earnings: RH (NYSE:RH) [Yahoo! Finance]

RH (RH) 
Last rh earnings: 3/30 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Furniture retailers understand that ‘home is where the heart is' but that no home is complete without that comfy sofa to kick back on or a dreamy bed to rest in. These stores focus on providing not only what is practically needed in a house but also aesthetics, style, and charm in the form of tables, lamps, and mirrors. Decades ago, it was thought that furniture would resist e-commerce because of the logistical challenges of shipping large furniture, but now you can buy a mattress online and get it in a box a few days later; so just like other retailers, furniture stores need to adapt to new realities and consumer behaviors. The 4 home furniture retailer stocks we track reported a satisfactory Q2. As a group, revenues missed analysts' consensus estimates by 1% while next quarter's revenue guidance was 7.2% below. Big picture, the Federal Reserve has a dual mandate of inflation and employment. The former had been running hot throughout 2021 and 2022 but cooled towards the central Show less Read more
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