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RH - RH STOCK NEWS

Welcome to our dedicated page for RH news (Ticker: RH), a resource for investors and traders seeking the latest updates and insights on RH stock.

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.

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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.

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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.

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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.

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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.

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Fundamental Income has acquired the historic RH Chicago, The Gallery at the Historic Three Arts Club for $44.7 million. The property, spanning 70,000 square feet, features a rooftop park and café, and is secured by a long-term lease to RH. Fundamental Income aims to provide capital solutions for single-tenant commercial properties, supported by a $500 million equity commitment from Brookfield Asset Management. This acquisition highlights Fundamental Income's strategy to invest in unique, well-located real estate assets.

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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.

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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.

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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.

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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.

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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.

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FAQ

What is the current stock price of RH (RH)?

The current stock price of RH (RH) is $434.46 as of January 23, 2025.

What is the market cap of RH (RH)?

The market cap of RH (RH) is approximately 8.1B.

What products does RH offer?

RH offers a range of products including furniture, lighting, textiles, bathware, decor, outdoor and garden items, and baby and child products.

How is RH expanding its market presence?

RH is broadening its market by expanding internationally, enhancing its digital presence through the World of RH platform, and entering new categories like bespoke furniture and architecture.

What makes RH products unique?

RH products are unique due to their combination of timeless, updated classics and reproductions curated from the finest historical designs globally, presented in sophisticated lifestyle settings.

Does RH operate in the hospitality sector?

Yes, RH has expanded into the hospitality sector with 16 restaurant locations, blending retail and dining experiences.

What is the World of RH platform?

The World of RH is a digital platform highlighting offerings beyond home furnishings, including future ventures into color, bespoke furniture, architecture, media, and more.

How does RH maintain its position as a design authority?

RH maintains its design authority through a culture of innovation, superior product development capabilities, and an integrated multi-channel infrastructure.

In which industry does RH operate?

RH operates in the domestic furniture and home furnishing industry, which is valued at $134 billion.

What are some of RH's brand extensions?

Some of RH's brand extensions include RH Modern and Waterworks.

How does RH ensure a high-quality customer experience?

RH ensures a high-quality customer experience by offering products that are on par with world-class interior designers and consistently presenting its collections across all sales channels.

What is RH's approach to product presentation?

RH's approach to product presentation involves curating timeless, updated classics and reproductions in sophisticated lifestyle settings, leveraging its scale and multi-channel infrastructure.
RH

NYSE:RH

RH Rankings

RH Stock Data

8.05B
15.11M
18.89%
88.19%
9.84%
Specialty Retail
Retail-furniture Stores
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United States of America
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