Our strategy comes full circle as we begin to conceptualize and sell spaces, moving beyond the $170 billion home furnishings market into the $1.7 trillion North American housing market with the launch of RH Residences − fully furnished luxury homes, condominiums and apartments with integrated serv...
RH RH shares rallied 18.8% in the after-hours trading session on Sept. 12 after it reported better-than-expected results for second-quarter fiscal 2024 (ended Aug. 3, 2024). The luxury home furnishings retailer surpassed expectati
The luxury home furnishings retailer surpassed expectations for revenues, driven by resilient demand despite a tough housing market. Both metrics increased on a year-over-year basis. The company successfully met its growth expectations for demand and revenues in the fiscal third quarter, demonstrating ...
For years, Friedman has defined the long-term vision for RH to “climb the luxury mountain,” but it reached its peak in fiscal 2021 with revenues of $3.8 billion. And it slid back to $3 billion in fiscal 2023 and keeps falling. ...
CEO, commented, "Today’s announcements, plus our previous acquisition of Waterworks, firmly plant four RH flags at the very top of the luxury mountain, and clearly state our intention of establishing RH as an arbiter of taste and design in the To-the-Trade, luxury home furnishings ...
"We are building the most comprehensive and compelling collection of luxury home furnishings in the world," Friedman said. "The desirability and exclusivity of our product amplified in our inspiring spaces has enabled us to gain significant market share." ...
RH Option Activity Analysis: Last 30 Days Noteworthy Options Activity: About RH RH is a luxury retailer operating in the $134 billion domestic furniture and home furnishing industry. The firm offers merchandise across many categories including furniture, lighting, textiles, bath, decor, children, and...
Over 20 years ago, we began this journey with a vision of transforming a nearly bankrupt business that had a $20 million market cap and a box of Oxydol laundry detergent on the cover of its catalog into the leading luxury home brand in the world. The lessons and learnings, the insights...
Commanding three levels and nearly 70,000 square feet of indoor and outdoor space, this one-of-a-kind retail concept presents artistic installations of luxury home furnishings in a gallery setting, with expansive spaces devoted to RH Interiors, RH Modern and RH Outdoor. RH Dallas also features...
RH shares are jumping in premarket trading Friday after the luxury home furnishings retailer boosted its full-year outlook and swung to a profit in the third quarter. CEO Gary Friedman said gains came despite a weak housing market. RH lifted its sales growth forecast at both the low and high...