While the entire home furnishings retail sector has been struggling with the incredibly stagnant housing market impacting sales, RH had been holding up better than some…until now. It reported its third-quarter results yesterday and they weren’t pretty. Sales off 13% but perhaps more surprising, the bottom line turned red. Read what happened: https://businessofhome.com/articles/restoration-hardware-earnings-report-december-2023?utm_source=daily_newsletter&utm_medium=email
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