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Stock impact report

Why RH Stock Popped on Friday [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
10 stocks we like better than RH › Furniture retailer RH (NYSE: RH) finished the stock trading week in style, with its equity rising by nearly 6% on Friday after it reported third-quarter earnings. This, despite a bottom-line miss and several guidance cuts. For the quarter, RH's net revenue rose by 9% year-over-year to $884 million. Net income according to generally accepted accounting principles ( GAAP ) also saw an increase, advancing 4% to $36.3 million. On a per-share basis, however, non-GAAP (adjusted) profitability fell to $1.71 from the year-ago figure of $2.48. The company slightly beat the average analyst estimate of under $883.3 million for revenue, but missed that for adjusted net income ($2.16 per share). In a combined shareholder letter and earnings release, RH quoted CEO Gary Friedman as saying that "While a meaningful portion of our market share gains are coming from the fragmented to-the-trade design showrooms, regional high-end furniture stores, and local ind Show less Read more
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