RH Stock News

Note: RH fiscal year ends in February's first week.

Luxury home furniture and furnishings dynamo RH just announced third quarter revenues are up 8% to $812 million and demand for its core RH brand up even more to 14% through October.

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) announced today the opening of RH Interior Design Palm Desert – the brand's first standalone destination for RH Interior Design, one of the largest residential design firms in the world. Situated in the heart of the famed El Paseo shopping district in greater Palm Springs – home to the world's most iconic display of preserved mid-century mode...

Upscale furniture retailer RH (NYSE:RH) has been on a sharp run higher since September when it reported second quarter earnings that beat Wall Street estimates.

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) announced today the opening of RH Montecito, The Gallery at The Old Firehouse – a reimagination of the Historic Fire House in the charming enclave perched above Santa Barbara. The Gallery will feature The RH Firehouse Grill, an indoor-outdoor Courtyard Restaurant with fireplaces and fountains, a Wine & Barista Bar, plus an Interior Design Ate...

RH's 3Q24 earnings showed 8.1% y/y growth, improved adj. EBIT margin, and strong demand trends, but adj. EPS missed consensus estimates. Growth drivers include the Waterworks initiative, new gallery openings, and a shift to Design Galleries, enhancing RH's long-term growth potential. Despite positive factors, RH's current valuation is high, and I doubt it will sustain the 23x forward EBIT multi...

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) announced today the opening of RH Newport Beach, The Gallery at Fashion Island, an immersive retail experience seamlessly integrating luxury home furnishings collections from RH Interiors, Modern, Outdoor, Baby & Child and TEEN with rare art, antiques and artifacts from across the globe. Reflecting the brand's continued commitment to hospital...

RH is well-positioned in the high-end furniture market, reporting 8.1% revenue growth and 120.9% adjusted operating income growth, with a 'Buy' rating and $482 target price. Strong demand and market share gains are driven by product transformations and unique targeted marketing via sourcebooks, with 80% of products selling at full price. RH forecasts 9.9%-10.4% demand growth for FY24, with expe...