RS Group plc (RH)
RH Defies Furniture Market Downturn And Promises 2025 Will Be Bigger, Better
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.
Prediction: A Stock Split for RH Could Be Just Over the Horizon
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.
RH Boosts Retail Platform Expansion, Opens RH Newport Beach Gallery
RH expands into the Southern California market with its new gallery opening, RH Newport Beach, The Gallery at Fashion Island.
Cramer's Stop Trading: RH
CNBC's Jim Cramer explains why he is keeping an eye on shares of Restoration Hardware.
RH: Demand Growth Is Accelerating, Initiate With 'Buy' Rating
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 expected benefits from price growth and new product categories, despite a weak housing market.
Crude Oil Gains Over 1%; RH Shares Jump On Strong Forecast
U.S. stocks traded lower midway through trading, with the Nasdaq Composite down around 0.2% on Friday.
RH Fell Short on Earnings But Its Stock Is Up. Here's Why
RH stock is one of the biggest percentage gainers Friday as the home improvement retailer's upbeat outlook offsets an earnings miss.
Why RH Stock Surged 20% Friday Morning
RH (RH 13.93%) -- formerly known as Restoration Hardware -- is thriving even as the housing market stumbles. That's the gist of why investors poured into the stock today.
RH's Q3 Earnings Lag Estimates, Revenues Top, Stock Up 18%
RH's third-quarter fiscal 2024 results indicate strong demand despite a challenging housing market.
RH raises full-year sales guidance on improved demand, shares surge
RH (NYSE:RH), formerly known as Restoration Hardware, shares surged almost 16% after the luxury home goods retailer raised its full-year guidance and swung to a profit in Q3. The company now expects revenue growth in the range of 6.8% to 7.2% for 2024, up from its earlier guidance of 5% to 7%.
RH Earnings Reveal ‘The Quarter We All Have Been Waiting For,' Stock Jumps
The luxury home furnishings retailer expects revenue to grow 18% to 20% year-over-year in the fourth quarter.
