RH’s Rebound is Still on Hold

The news was a little better — maybe a little less worse is a better way to put it — as RH reported its first quarter results on Thursday. It still lost top-line sales…but less than the experts predicted. But the loss was worse than analyst forecasts and now the company doesn’t really see a rebound in a housing market-recovery until 2025. Still lots of moving parts there but they continue to not all be moving in the right direction. Here’s my take: https://businessofhome.com/articles/rh-first-quarter-earnings-2024?utm_source=daily_newsletter_st&utm_medium=email&utm_campaign=BOH%20Design%20Daily%202024-06-14&utm_term=BOH_Daily

Leave a Reply