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0.000868708091773354 -0.000233453951208059 -0.00392980817867006 0.00132290572351283 0.00903985577733685 0.000207514623296217 -0.0058493184441591 -0.00498035095910654
Stock impact report

What's Fueling RH's 87% Stock Surge? [Forbes]

RH (RH) 
Last rh earnings: 3/30 04:05 pm Check Earnings Report
Company Research Source: Forbes
Getty Images Note: RH fiscal year ends in February's first week. RH stock , is an upscale home furnishings retailer, which was formerly known as Restoration Hardware Holdings Inc. The company's stock currently trades near $396 per share (Dec 18), up around 80% in the last six months. In comparison, the S&P index has been up 7% over the same period. So what is happening with RH stock? RH's stock has defied expectations by rising despite a Q3 earnings miss. RH's commentary on the Q3 results and positive future outlook sparked significant investor enthusiasm. For the third quarter ended November 2, the retailer reported earnings of $2.48 per share on revenue of $811.7 million, falling short of consensus estimates of $2.65 per share and $812 million, respectively. The luxury home furnishings retailer has seen growth in its core business, driven by new collections, higher contract revenue, and increased hospitality revenue due to new Gallery openings. Additionally, RH's Q3 revenue g Show less Read more
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