Caution on RH Amid Weaker Quarterly Guidance and Weak Performance

30 days ago

Multiple Speakers

"Shares down today by about 2.9%. RH. They operate the restoration hardware chain of stores. ... the premium valuation versus its peers contributed to high expectations going into this print. Shares down today by about 2.9%. RH with the outspoken CEO has already declined 46% this year."

RH (Restoration Hardware) is shown in a negative light as shares are down due to mixed quarterly results and high valuation expectations. The commentary, supported by the fact that RH has fallen 46% this year, suggests caution.

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