|Day's Range||30.34 - 32.38|
RH shares are soaring despite mixed quarterly earning results. The home furnishings company beat on profit, but missed on sales. Yahoo Finance’s Brian Cheung joins Seana Smith on The Ticker to discuss.
RH earnings beat Q3 views, and the newest Warren Buffett stock increased its plans for annual store openings. Shares soared Thursday.
The latest U.S.-China trade war updates and some positive U.S. economic data. A dive into third quarter 2019 earnings and what to expect from Q4 and 2020. Plus, a look at why RH is a Zacks Rank 1 (Strong Buy) stock right now...
Restoration Hardware Holdings (NYSE: RH) surged Thursday after reporting its third consecutive bottom-line beat and raise. “To management’s credit, this is becoming a common theme, as earnings have surprised to the upside multiple times this year,” Raymond James analysts Bobby Griffin and Budd Bugatch wrote in a report. RH reported an adjusted $2.79 bottom line on a lower-than-expected tax rate and 44% year-over-year growth in earnings before interest and tax (EBIT).
Lower margins owing to product margin contraction, increased occupancy deleverage, and higher costs associated with second DC impact At Home's (HOME) third-quarter fiscal 2020 earnings.
Restoration Hardware (RH) delivered earnings and revenue surprises of 25.68% and 0.17%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?
RH shares slipped in the extended session Wednesday after the company formerly known as Restoration Hardware topped earnings estimates for the previous quarter but left estimates for the current one essentially unchanged. RH shares declined 1.5% after hours, following a 2.9% rise in the regular session to close at $205.62. The company reported third-quarter net income of $52.5 million, or $2.17 a share, compared with $20.1 million, or 73 cents a share, in the year-ago period. Adjusted earnings were $2.79 a share. Revenue rose to $677.5 million from $636.6 million in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of $2.23 on revenue of $676.4 million. RH expects earnings of $3.50 to $3.62 a share on revenue of $703 million to $711.5 million, while analysts had forecast earnings of $3.58 a share on revenue of $709.5 million.
Restoration Hardware (RH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 700 world-class investment firms that we track and now have access to the collective wisdom contained in […]
Expansion strategy and reinvention plans are likely to reflect on At Home's (HOME) fiscal Q3 results. However, higher occupancy, preopening and advertising costs might have hurt its bottom line.
Zacks Industry Outlook Highlights: RH, Tempur Sealy International, The Lovesac Company, At Home Group and Williams-Sonoma
Two big economic reports will be on investor’s radars this week — the Institute for Supply Management (ISM) manufacturing data and the November employment report.
Taking the expected bumper Black Friday sales into account, retailers are set to witness a strong year-end rally. Hence, it will be prudent to invest in these retail stocks for handsome returns.