-
Furniture Retailer RH Bets On Tariff Chaos: The Company's Supply Chain Pivot Could Make Or Break 2025, With Several Competitors 'Going Bankrupt'
Friday, June 13, 2025 - 2:01pm | 729Being faced with a turbulent trade environment in recent months, luxury furnishing retailer RH (NYSE:RH) is taking several steps and even leaning into the volatility to tackle the tariffs. What Happened: On Thursday, during its first quarter results, the company outlined its plans to outmaneuver...
-
Trump's 90-Day Tariff Pause Sends RH Stock Surging, Reversing Heavy Losses from Earnings Miss, Trade War Fears
Thursday, April 10, 2025 - 5:28am | 666Luxury home furnishings company, RH (NYSE:RH), formerly known as Restoration Hardware, led the market rally on Wednesday, up 29%, after President Donald Trump announced that he would be pausing the tariffs for 90 days across all countries, except China. What Happened: This comes just days after the...
-
Why RH Stock Is Sliding After Hours
Thursday, June 2, 2022 - 4:52pm | 295RH (NYSE: RH) shares are trading lower in Thursday's after-hours session after the company reported financial results and issued weak guidance. RH said first-quarter revenue increased 11% year-over-year to $957.29 million, which beat the estimate of $924.81 million, according to data from ...
-
Why RH Shares Are Trading Higher Today
Thursday, September 9, 2021 - 12:11pm | 320RH (NYSE: RH) is trading higher Thursday after the company announced better-than-expected second-quarter financial results. RH reported adjusted quarterly earnings of $8.48 per share, which beat the estimate of $6.48 per share. The company reported quarterly revenue of $988.86 million, which...
-
Restoration Hardware CEO, 6 Other Execs Sell Shares
Thursday, December 12, 2019 - 11:32am | 481Restoration Hardware Holdings (NYSE: RH) announced Wednesday that CEO Gary Friedman sold 500,000 shares of RH common stock from Dec. 9-11. The stock sale comprised an option to purchase 100,000 shares and 400,000 shares of common stock Friedman owned outright, the company said. The...
-
RH CEO Talks Berkshire, Apple And China On 'Mad Money'
Wednesday, November 20, 2019 - 3:36pm | 389RH (NYSE: RH), formerly known as Restoration Hardware, counts Warren Buffett as its fifth largest shareholder, which is fitting as the home furnishing company is modeled in part after Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B). RH Is One Part Berkshire RH CEO Gary Friedman...
-
RH CEO: Warren Buffett Deserves Some Credit For Retailer's Turnaround
Friday, June 15, 2018 - 3:32pm | 360Home furniture retailer RH (NYSE: RH), formerly known as Restoration Hardware, took a page out of Warren Buffett's investment playbook, according to RH CEO Gary Friedman. Warren Buffett made billions by loaning capital at the height of the 2008 financial crisis to worthy companies that hit a...
-
RH Surges 35% After Trouncing Estimates, Raising Outlook
Wednesday, September 6, 2017 - 4:32pm | 198RH (NYSE: RH) shares are soaring after a big second-quarter earnings beat and raised FY2017 outlook. It appears the move to a membership model is paying off. Formerly known as Restoration Hardware, RH delivered second-quarter adjusted EPS of 65 cents, beating estimates by 18 cents. Sales came in...
-
Restoration Hardware CEO Compares Company To A Burning Building
Friday, February 26, 2016 - 2:06pm | 329Shares of Restoration Hardware Holdings Inc (NYSE: RH) plunged on Thursday following its fourth quarter earnings miss Restoration Hardware's CEO Gary Friedman didn't hold back in showing his disappointment and frustration with the company's results. During a discussion with key...
-
Shares of Restoration Hardware Soar Following Results
Sunday, March 30, 2014 - 8:43am | 818Shares of Restoration Hardware Holdings, Inc. (NYSE: RH) jumped more than 13.9% following the company's report on fourth quarter and fiscal year 2013 results. Summary of Fourth Quarter Results Net revenues increased 26% and GAAP net revenues increased 18%. Adjusted operating income grew...