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Stock impact report

Wayfair and RH Couldn't Be More Different, but 1 Just Took a Page Out of the Other's Book. 3 Things Investors Need to Know [Yahoo! Finance]

Wayfair Inc. Class A (W) 
Last wayfair inc. class a earnings: 2/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.wayfair.com
Company Research Source: Yahoo! Finance
RH (NYSE: RH) also offers home furnishings and decor, but it focuses on a luxury experience for affluent shoppers, allowing the company to command higher profit margins. Granted, RH's financials took a step back in its fiscal 2023 (ended Feb. 3). The company's net revenue fell nearly 16% for the year, while its operating margin shrank eight percentage points to 12.1%. But according to management, some of these declines are a result of their plan. The company wants to expand beyond luxury home goods to various areas of hospitality , including overnight accommodations and foodservice. RH recently launched restaurants and guesthouses with more on the way. This expansion, combined with a complete overhaul of its product inventory, hurt its operating margin the past year. But management expects a rebound to begin in the current fiscal year with adjusted operating margin rising to 13% to 14%. RH integrates hospitality services into its furniture showrooms, which means these location Show less Read more
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