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RH - Arhaus: Good Prospects But High Valuation
August, 02 2024 05:26 AM
RH
2024-08-02 05:26:52 ET
Summary Macroeconomic developments have led to the collapse of luxury furniture retailers, creating opportunities for incumbents in a fragmented market. Arhaus and RH are key players in the luxury furniture market, with Arhaus focusing on expanding its physical presence in lucrative locations. ARHS has a healthy cash conversion cycle and liquidity, but its valuation is currently high.
Investment thesis For further details see:
Arhaus: Good Prospects, But High Valuation
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