RH Aktie

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WKN DE: A2DJTU / ISIN: US74967X1037

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15.09.2024 12:45:00

RH Shares Have Popped, but There Are Warning Signs for Investors

Luxury furniture company RH (NYSE: RH) has been dealing with a difficult market for home furnishings the past few years, as the pandemic pulled forward a lot of demand for furniture when people were stuck in their homes. However, the company saw its shares soar recently following its second-quarter results, as RH (formerly known as Restoration Hardware) was able to generate revenue growth.While investors sent the shares soaring, I think there are a number of warning signs that things are perhaps not as positive as they seem. Let's take a closer look at the company's results.For the second quarter, revenue rose nearly 4% to $830 million, well ahead of analyst expectations of $824.5 million. Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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RH 171,20 2,34% RH