RH Stock Soars Late On Blowout Earnings, Strong Guidance [Investor's Business Daily]
RH (RH)
Last rh earnings: 3/30 04:05 pm
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US:NYSE Investor Relations:
ir.restorationhardware.com/investor-overview
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Source: Investors Business Daily
Related news RH ( RH ) reported third-quarter earnings that were much better than expected late Monday. After hours, RH stock jumped following a strong rally above key technical levels in the regular session. RH earnings had been slated for a late-Tuesday release, but the high-end furniture chain moved up its report due to Wednesday's stock market closure to honor the death of former president George H.W. Bush. Estimates: Wall Street expected RH earnings per share to jump 22% to $1.27, according to Zacks Investment Research. Revenue was seen ticking up 7% to $633 million. Same-store sales were forecast to climb 4.1%, according to Consensus Metrix. Results: RH earnings shot up 66% to $1.73 a share. Revenue grew nearly 8% to $636.56 million. Comparable-brand revenue rose 4%, or 6.5% adjusted for inventory reduction efforts a year earlier. RH said overall and comparable sales were hit by 1 percentage point from "slower special-order receipts from China due to tariff-related shipping c
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RH
News
- Home Furniture Retailer Stocks Q4 Results: Benchmarking RH (NYSE:RH) [Yahoo! Finance]Yahoo! Finance
- Splash Opens Second Vermont Location [Yahoo! Finance]Yahoo! Finance
- Home Depot's Big Buy [Yahoo! Finance]Yahoo! Finance
- Introducing Anna Ogden Coots as Home Trends & Design's New Director of Product Development [Yahoo! Finance]Yahoo! Finance
- RH (NYSE: RH) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $201.00 to $264.00. They now have a "sell" rating on the stock.MarketBeat
RH
Earnings
- 3/27/24 - Miss
RH
Sec Filings
- 4/12/24 - Form 4
- 4/12/24 - Form 4
- 4/12/24 - Form 4
- RH's page on the SEC website