RH Reports Record Fourth Quarter and Fiscal Year 2021 Results
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Restoration Hardware (RH) PT Lowered to $600 at Guggenheim
March 30, 2022 6:36 AM EDTGuggenheim analyst Steven Forbes lowered the price target on Restoration Hardware (NYSE: RH) to $600.00 (from $825.00) while maintaining a Buy rating following results.
The analyst commented, "Key Message: Not only were RH's 4Q 2021 operating results relatively in-line with our expectations - despite ongoing supply chain... More
RH (RH) Posts Q4 Earnings Beat on Light Revenue, Announces 3-for-1 Stock Split
March 29, 2022 5:30 PM EDTRH (NYSE: RH) reported its fourth-quarter results Tuesday, with EPS coming in at $5.66, above the consensus estimate of $5.57. Revenue rose 11% to $902.7 million but missed the consensus estimate of $931.07 million as COVID-19 magnified supply chain issues.
The company expects Q1/22 net revenue growth to... More
