Stock of the Day

December 18, 2023

RH (RH)

$118.39
+$7.40 (+6.7%)
Market Cap: $2.10B

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) shares have increased, but the articles provided do not identify a company-specific catalyst for the move.

  • The available reports focus on insider trading, lobbying, institutional activity and corporate announcements involving other companies, including Barrick Gold, FormFactor and Reliance Jio. None reports new developments involving RH, such as earnings guidance, analyst actions, insider transactions or strategic announcements.
  • RH’s most recently supplied operating update showed quarterly revenue of $922.2 million, up 2.6% year over year and slightly above estimates, while adjusted earnings per share substantially exceeded consensus. However, that report is not a new article in the current news set and does not explain the latest trading activity.

Overall, the provided news does not establish a fundamental reason for RH’s increase today. The move may reflect broader market conditions, technical trading or investor positioning, but there is insufficient company-specific information in these reports to determine the cause.

Recent News