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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 its financial results for Q3 ended October 30, 2021. The shareholder letter, from Chairman and CEO Gary Friedman, is available on their Investor Relations website. A live conference call is scheduled for today at 2:00 pm PT (5:00 pm ET), accessible via phone or audio webcast. RH continues to position itself as a leader in the luxury lifestyle market, providing premium collections through retail galleries and online platforms.
RH (NYSE: RH) will announce its third quarter financial results on December 8, 2021, after market close. The report will include a shareholder letter from CEO Gary Friedman detailing the company’s recent performance and evolution. An accompanying live conference call is scheduled for 2:00 PM PT on the same date, accessible via phone and webcast. Investors can view results and the shareholder letter on the company’s investor relations website.
RH has launched a new retail experience with the opening of RH Jacksonville at The Gallery at St. Johns Town Center. Spanning 70,000 square feet, this three-level facility features a rooftop restaurant, wine bar, outdoor furniture collections, and an interactive interior design firm. CEO Gary Friedman emphasized the brand's commitment to creating architecturally inspiring spaces that bridge the gap between residential and retail. The gallery showcases luxury furnishings and offers curated dining options, solidifying RH's position in the luxury lifestyle market.
RH (NYSE: RH) has announced leadership transitions following the retirement of DeMonty Price, the President and Chief Operating Officer, effective January 29, 2022. DeMonty, a 19-year veteran of the company, will be succeeded by Stefan Duban as Chief Gallery & Customer Officer, Fernando Garcia as Chief Supply Chain Officer, and Sandy Pilon as Chief People & Values Officer. The changes aim to bolster operations and maintain the company’s strong brand identity in the luxury lifestyle market.
Fundamental Income has acquired the historic RH Chicago, The Gallery at the Historic Three Arts Club for
RH (NYSE: RH) has successfully completed a $2 billion debt financing through a Term Loan Credit Agreement, set to mature on October 20, 2028, with an interest rate tied to LIBOR. The funds will support general corporate needs and facilitate early conversions of existing convertible notes. CEO Gary Friedman highlighted the financing's role in enhancing RH's market positioning as a luxury brand. The Term Loan was rated Ba2 by Moody's and BB by S&P Global. Anticipated additional interest expense is projected at $11 million after tax for Q4 2021.
RH (NYSE: RH) has unveiled RH Oak Brook at The Gallery at Oakbrook Center, an expansive 60,000-square-foot venue with a Rooftop Restaurant and Wine Bar. This innovative space blurs the line between residential and retail, featuring luxury home furnishings, an interactive Interior Design Firm & Atelier, and outdoor garden areas. CEO Gary Friedman emphasized the unique design, differentiating it from traditional retail. The Gallery offers a curated experience in furniture, wine, and interior design, enhancing RH's presence in the Chicago area.
RH (NYSE: RH) announced its financial results for Q2 ended July 31, 2021, in a letter by CEO Gary Friedman. Details of the performance and insights into future strategies can be found on their Investor Relations site. A live conference call is scheduled for today at 2:00 PM PT to discuss these results further. Investors are encouraged to join via dial-in or audio webcast. RH continues to evolve as a leader in the luxury lifestyle market, showcasing its extensive collections online and through various retail platforms.
RH (NYSE:RH) will unveil its financial results for Q2 2021, ending July 31, on September 8, 2021, post-market close. The results will feature insights from CEO Gary Friedman, detailing the company’s recent performance and evolution. A live conference call will occur at 2:00 PM PT (5:00 PM ET) on the same day, accessible via dial-in or audio webcast.
Investors can stay informed by visiting ir.rh.com.
RH (NYSE: RH) announced its financial results for the first quarter ending May 1, 2021, in a letter from CEO Gary Friedman. The results are available on the company's Investor Relations website. Additionally, RH will conduct a live Q&A conference call at 2:00 pm PT (5:00 pm ET) today, accessible via phone or audio webcast. RH, known for its luxury lifestyle products, operates retail galleries in North America and various online platforms.