|Bid||0.00 x 1300|
|Ask||0.00 x 1000|
|Day's Range||100.49 - 104.99|
|52 Week Range||41.52 - 109.53|
|PE Ratio (TTM)||310.39|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Restoration Hardware (RH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Short interest is extremely high for RH with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting RH. Over the last month, ETFs holding RH are favorable, with net inflows of $3.33 billion.
RH has seen good results from its hospitality offerings, like cafes and wine vaults, which have been added to recently launched stores.
For 2018, RH’s (RH) management expects the company’s revenue to be $2.5 billion–$2.6 billion, which represents a growth of 5%–7%. Management lowered its revenue guidance by ~$50 million due to the delay in the opening of its New York Design Gallery and its first Guesthouse. The New York Design Gallery is scheduled to open in the fall of 2018, while the Guesthouse is scheduled to open in the spring of 2019.
Luxury furniture chain RH has an expansion-focused outlook that includes more aggressive store openings even as Amazon hollows out traditional retailers.
The home furnishings retailer said in its year-end earnings report that while it has no interest in operating high-volume restaurants, it has found them to be a boon when combined with their retail locations.
Retail stocks are trading higher on Wednesday, thanks to upbeat reports from lululemon athletica (LULU) and Restoration Hardware parent RH (RH). Lululemon said it earned $1.33 a share on revenue of $929 million, while analysts were looking for earnings of $1.27 a share on revenue of $912.41 million.
RH delivers impressive fourth-quarter 2017 results on the back of the new membership model and a more efficient operating platform.
Shares of RH jumped more than 14% late Tuesday after the home-goods company, formerly known as Restoration Hardware, reported fourth-quarter earnings above Wall Street expectations and forecast better ...
Lululemon (LULU): Shares stretching forward in early trade, up around 10.1%. The yogawear maker beat on quarterly earnings, while offering current quarter guidance that topped street estimates. Shire (SHPG): Shares soaring here, up around 17% The news? Japan’s Takeda Pharmaceutical said it is "considering making an approach" to buy the drugmaker, in a deal that could approach $50 billion. Restoration Hardware (RH): Shares higher here, up around 23%. The upscale furniture retailer beat on earnings and revenue in the past quarter. Note that 40% of RH's float, is short.