RH (RH) Reports Record Third Quarter Results and Raises Fiscal 2021 Outlook

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Guggenheim Reiterates 'Best Idea' Designation for Restoration Hardware (RH) Following EPS

December 9, 2021 6:07 AM EST

Guggenheim analyst Steven Forbes reiterated a Buy rating, $825.00 price target, and Best Idea designation on Restoration Hardware (NYSE: RH) following Q3 results, saying the 2022 catalyst path remains intact.

The analyst commented, "Not only did RHs 3Q 2021 operating results come in ahead of our... More

RH (RH) Tops Q3 EPS by 39c; Raises Outlook

December 8, 2021 4:15 PM EST

RH (NYSE: RH) reported Q3 EPS of $7.03, $0.39 better than the analyst estimate of $6.64. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $985.18 million.

GUIDANCE:

Now expect fiscal 2021 revenue growth of 32% to 33% versus our prior outlook of... More