RH News and Press, RH From 06/27/24

RH announced today that Chairman & CEO Gary Friedman completed the purchase of $10 million of RH stock at an average price per share of $216.10 representing 46,274 shares. With this purchase, Mr. Friedman beneficially owns as of June 26, 2024, 5,051,337 shares, or 25.1% of the outstanding...

The 2024 Modern Sourcebook Presents 364 Pages of Inspired Design with an Expanded Portfolio of Visionary Designers and Exclusive Reissues of Iconic Pieces from the Past RH (NYSE: RH) announced today the release of the 2024 RH Modern Sourcebook . Debuting more than 50...

2024-06-18 08:49:27 ET More on SPDR S&P Retail ETF XRT ETF: Mixed Signals For Retail Stocks Into Second Half Of 2024 Watch these consumer stocks for a potential boost from a stock split announcement The consumer 'remains more likely to cruise' than crumble - Gold...

2024-06-17 08:30:06 ET Morgan Stanley analyst issues EQUAL-WEIGHT recommendation for RH on June 17, 2024 06:38AM ET. The previous analyst recommendation was Equal-Weight. RH was trading at $229.73 at issue of the analyst recommendation. The overall analyst consensus : BU...

2024-06-14 15:05:50 ET Summary RH shares plunged 18% after disappointing earnings and are down nearly 20% for the year. Q1 results show margin weakness, with RH gross margins down and SG&A spending up. Its reaffirmed outlook raises questions, with concerns about demand, re...

2024-06-14 13:44:26 ET Wedbush has dropped its price target for RH ( NYSE: RH ) by 22% to $250 and kept its Neutral rating after disappointing Q1 results on Thursday -- including an overly optimistic demand ramp in H2 -- keeps analyst Seth Basham on the sidelines. ... Read...

2024-06-14 13:24:06 ET Shares of luxury furniture company RH (NYSE: RH) cratered on Friday after the company reported financial results for its fiscal first quarter of 2024. Management says it's "investing aggressively" in the business during "the worst housing market in 30 years," ...

2024-06-14 07:46:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-06-14 05:05:33 ET More on related stocks: RH (RH) Q1 2024 Earnings Call Transcript Adobe Inc. (ADBE) Q2 2024 Earnings Call Transcript Adobe in charts: Revenue growth continues for both digital media and digital experience segments Vaxart to raise $40M vi...

2024-06-14 00:00:03 ET RH (RH) Q1 2024 Earnings Conference Call June 13, 2024, 5:00 PM ET Corporate Participants Allison Malkin - ICR, Investor Relations Gary Friedman - Chairman and Chief Executive Officer Jack Preston - Chief Financial Officer Conference ...