Stock of the Day

December 18, 2023

RH (RH)

$148.80
-$0.69 (-0.5%)
Market Cap: $2.83B

About RH

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany. The company was formerly known as Restoration Hardware Holdings, Inc. and changed its name to RH in January 2017. RH was incorporated in 2011 and is headquartered in Corte Madera, California.

Today's Trend

RH (NYSE: RH) has no company-specific news in the supplied articles. The reports cover other companies, including WeRide, Ramsay Health Care, RedHill Biopharma and Meta, so they do not provide a clear catalyst for RH’s recent decrease.

  • RH’s latest reported quarterly results were mixed: revenue of $800.3 million exceeded consensus estimates, and the company’s adjusted loss per share was narrower than expected.
  • Revenue declined 1.7% year over year, while RH reported a quarterly loss compared with a profit in the prior-year period. The stock also remains below its 50-day moving average, suggesting continued near-term pressure.

Recent News