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RH (Symbol: RH) is a premier luxury retailer in the home furnishings marketplace, recognized for its innovative approach and rapid growth. Positioned as a lifestyle brand and design authority, RH offers an extensive range of high-quality products including furniture, lighting, textiles, bathware, decor, outdoor and garden items, as well as baby and child products. The company's collections feature timeless, updated classics and reproductions curated from the finest historical designs globally.
RH operates through a sophisticated multi-channel infrastructure, leveraging its significant scale and superior product development capabilities. This integration allows RH to deliver a unique combination of design and quality, positioning it on par with world-class interior designers. The company is also expanding its reach in the hospitality sector with 16 restaurant locations, offering a blend of retail and dining experiences.
As part of its growth strategy, RH is broadening its total addressable market by expanding internationally and enhancing its digital presence through the World of RH platform. This platform showcases offerings beyond home furnishings, including future ventures into color, bespoke furniture, architecture, media, and more.
RH's innovative culture and continuous pursuit of excellence make it a dominant player in the $134 billion domestic furniture and home furnishing industry. The company's integrated approach and consistent presentation across sales channels underscore its commitment to redefining the luxury home furnishings market.
RH (NYSE: RH) announced the opening of RH Raleigh, The Gallery at North Hills, a 60,000-square-foot luxury retail space spanning three levels. The new gallery features extensive collections of luxury home furnishings, including RH Interiors, Contemporary, Modern, and Outdoor collections. The facility includes a glass-encased Rooftop Restaurant, wine bar, and RH Interior Design offices. The structure showcases a parchment-cream exterior with glass-and-steel French doors, garden courtyards, and terraces. The gallery includes professional design services with private presentation rooms and a comprehensive design library.
RH (NYSE: RH), a curator of luxury lifestyle design, has released its second quarter fiscal 2024 financial results. The report, available on the company's Investor Relations website, was presented in a shareholder letter from Chairman and CEO Gary Friedman. RH leadership is hosting a live conference call and audio webcast to discuss the results. The call can be accessed by dialing 800.225.9448 (or 203.518.9708 for international callers) with the passcode RHQ2. An audio webcast is also available on the IR website. RH offers its collections through retail galleries, sourcebooks, and online platforms including RH.com, RHContemporary.com, RHModern.com, RHBabyandChild.com, RHTEEN.com, and Waterworks.com.
RH (NYSE: RH), a curator of luxury lifestyle design, announced it will report its second quarter fiscal 2024 financial results on September 12, 2024, after market close. The report will include a shareholder letter from CEO Gary Friedman, highlighting the company's evolution and recent performance. RH will host a live conference call and audio webcast at 2:00 pm Pacific Time on the same day. Investors can access the call by dialing 800.225.9448 (US) or 203.518.9708 (international) with passcode RHQ2. The call and replay will also be available via audio webcast on RH's investor relations website.
RH announced that Chairman & CEO Gary Friedman has purchased $10 million worth of RH stock in the open market at an average price of $216.10 per share, totaling 46,274 shares. This transaction increases Friedman's beneficial ownership to 5,051,337 shares, or 25.1% of RH's outstanding shares as of June 26, 2024. RH boasts its presence in the luxury lifestyle market, offering curated collections through retail galleries, sourcebooks, and various online platforms. This strategic move underscores Friedman's confidence in the company's future growth and stability.
RH (NYSE: RH) has unveiled its 2024 Modern Sourcebook, featuring over 50 exclusive collections from renowned designers. This is the most significant update since RH Modern's inception in 2015, showcasing iconic furniture, lighting, and décor pieces. Key highlights include the Boson chair by Patrick Norguet, reissues of Harvey Probber's modular seating, and new collections from designers like Filippo Piotti, Thomas Bina, Ronald Sasson, Emilie Ceriez, Pietro Franceschini, Claudio Bellini, Julie Lawrence, Line Svendsen, and the Condos brothers.
Each piece emphasizes simplicity, balance, and harmony between past and present styles. Notable designs include Probber's Deep Tuft, Cubo Raked, and Mayan collections, as well as Bellini's Bora and Trieste collections. RH invites customers to explore the Sourcebook online or in their galleries for a modern design experience.
RH (NYSE: RH) has announced its financial results for the first quarter of fiscal 2024, ending May 4, 2024. The results were shared in a shareholder letter by CEO Gary Friedman, available on RH's Investor Relations website. RH will host a live conference call at 2:00 pm PT (5:00 pm ET) today, accessible via phone or webcast.
RH specializes in luxury lifestyle products and operates through its retail galleries, sourcebooks, and various websites including RH.com, RHContemporary, RHModern.com, RHBabyandChild.com, RHTEEN.com, and Waterworks.com.
RH (NYSE: RH) will report its first quarter fiscal 2024 financial results on June 13, 2024, after market close.
The results, covering the period ending May 4, 2024, will be accompanied by a shareholder letter from Chairman and CEO Gary Friedman.
The letter and financial results will be accessible on the company's investor relations website.
RH will host a live conference call and audio webcast at 2:00 pm PT (5:00 pm ET) on the same day, accessible via phone and webcast.
RH is a luxury lifestyle brand offering collections through various retail channels and websites.
RH (NYSE: RH) has opened RH Palo Alto, The Gallery at Stanford, a 60,000-square-foot luxury retail space. This multi-level gallery integrates collections from RH Interiors, Contemporary, Modern, and Outdoor with rare art and artifacts from around the world. The new space features a Rooftop Restaurant, Wine Bar, and Park, along with an Interior Design Studio. CEO Gary Friedman highlights the company's commitment to creating immersive, architecturally inspiring spaces.
Key features include a dramatic glass-encased Rooftop Restaurant with a reimagined menu, a series of intimate RH Outdoor lounge spaces, and a cascading center fountain. The gallery also houses a design studio offering professional services and state-of-the-art technology. Located at 180 El Camino Real, Palo Alto, CA, the gallery aims to blend residential, retail, and hospitality experiences.
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