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-0.000197383261899532 -0.000223889014211654 -0.000824780058651078 -0.00126889239792478 0.00535754568012626 0.00248843898037444 0.000888224678547253 -0.00571706519287173
Stock impact report

RH Hikes Its Return Outlook by 10 Percentage Points [The Motley Fool]

RH (RH) 
Last rh earnings: 3/30 04:05 pm Check Earnings Report
Company Research Source: The Motley Fool
Demitri Kalogeropoulos(tmfsigma)Author BioDemitri covers consumer goods and media companies for Fool.com, as well as broader moves in the economy.Follow @tmfsigmaFollow @TMFSigmaKey PointsManagement also warned that inventory might be a challenge in the second half of 0.NYSE:RHThe luxury home furnishings giant on Wednesday released second-quarter earnings results that blew past the elevated forecast the company (formerly known as Restoration Hardware) had issued just three months ago. Its growth success powered some head-turning hikes to its fiscal year outlook, too, including in its core return on invested capital metric.Let's take a closer look.Image source: Getty Images.There's sales growth in the luxury sectorSales in the quarter jumped 9% year over year to $989 million. While that boost marked a slowdown compared to the prior quarter's 78% spike, the deceleration was entirely due to COVID-9 related demand swings a year ago. The Q demand spike beat the top end of management's earl Show less Read more
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