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0 -0.00214511041009466 0.00315457413249211 0.000315457413249283 -0.00220820189274444 -0.00290220820189262 0.00593059936908516 0.00302839116719254
Stock impact report

Amid a stock slump, RH posts revenue gains and teases a new look [Yahoo! Finance]

RH (RH) 
Last rh earnings: 3/30 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
RH has played all of those roles over the past few years—guessing which one will take center stage on its always-colorful quarterly earnings calls is an industry pastime. But in reporting its third-quarter results on Thursday, the company formerly known as Restoration Hardware was surprisingly drama free. It showed revenue growth basically in line with analyst expectations—9 percent. On the bottom line, RH missed Wall Street earnings forecasts, but saw its net income go up by 9 percent as well. The drama came from elsewhere. In his shareholder letter accompanying the results, CEO Gary Friedman made sure you knew RH was outperforming its competitors on the top line—going so far as to include a table favorably comparing his revenue growth numbers against the likes of Ethan Allen, West Elm and Arhaus over the past two years. Never shy about touting the strength of RH, he added the results “demonstrated the disruptive nature of our brand.” RH's revenue may be growing, but its stock h Show less Read more
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