Form 8-K RH For: Jun 09
- Wall St opens flat ahead of Easter break, eyes sharp Q1 gains
- Home Depot agrees to buy SRS Distribution, sees TAM expanding to $1 trillion
- Stocks head into quarter-end on the up; yen on intervention watch
- Dollar gains as inflation data looms; yen on intervention watch
- Piper Sandler: Stock rally likely to continue on rising recession risks
- AMC Entertainment (AMC) enters into an equity distribution agreement
- Discover Financial Services (DFS) Announces CEO Resignation
- Timken (TKR) Appoints Tarak Mehta as New CEO
- Crude Inventory Increases 3.2 Million Barrels
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
RH (RH) Crushes Profit, Sales and Guidance Estimates to Send Shares Higher, Analysts Raise PTs on 'Impressive Top and Bottom Line Beat'
June 10, 2021 7:06 AM EDTShares of RH (NYSE: RH) are up more than 6% in pre-open Thursday after the company smashed quarterly estimates and raised guidance.
The company made a profit of $4.89 per share to top the $4.03 per share expected from market analysts. Sales came in at $860.8 million, easily surpassing the $752 million consensus.
Fiscal 2021 is off to a strong start, with revenues up 78% in the first quarter versus down 19% a year ago. Total Company demand increased 101% in Q1 and RH Core demand increased 109%, the strongest demand trends in our industry, CEO Gary Friedman said in a... More
Restoration Hardware (RH) PT Raised to $725 at Telsey
June 10, 2021 6:42 AM EDTTelsey analyst Cristina Fernandez raised the price target on Restoration Hardware (NYSE: RH) to $725.00 (from $675.00) while maintaining a Outperform rating.
... More