RH RH

$RH $500 by May….

Going 280 $RH

Looking for under $330!

The rich peoples furniture outlet!

$RH Jefferies upgrades RH to buy from hold

Jefferies said in its upgrade of RH that it has “unmatched pricing power” and a “rare entry point.”

“With RH trading closer to aspirational brands vs. true luxury brands, we see minimal downside, and investors should feel comforted by its unmatched pricing power across Consumer Discretionary. PT

The CEO friedman is a spoiled cry baby because his stock is down 50% from less sales on overpriced furniture that the majority of Americans can’t afford!! Boo hoo!

$RH $700 December…..?

hope you guys lose all your money

fuck you RH

$RH Warren Buffett Loves RH ❤️

Another 2019 Buffett investment is RH (NYSE: RH), a luxury retailer in home furnishings. Formerly known as Restoration Hardware, RH has been putting up impressive results. When the company reported its Q3 earnings in December, revenue and net income grew 19% and 297%, respectively, compared to Q3 2020. Profitability also expanded with gross margin increasing by half to to 48.4%. The company also produced $145 million in free cash flow in the quarter.

RH has proven it can succeed in the luxury furnishings space, but the company has bigger ambitions. In 2020, it announced the launch of RH Residences -- a move into the real estate market in which RH will offer fully designed and furnished homes. Management believes this is a $1.7 trillion opportunity in North America alone.

After a delay due to supply-chain issues, 2022 will also see the launch of RH Contemporary, which management is calling the most meaningful new product launch in its history. This will include its own gallery and a national advertising campaign.

RH is also looking to expand internationally with locations secured for galleries in London, Paris, Munich, and Dusseldorf. If the company can capture even 1% of the global market, management thinks that could be a $70 billion to $100 billion opportunity.