RH Shares Soar 17% on Upbeat Q3 Results and Raised…
From Financial Modeling Prep: 2024-12-13 08:13:00
RH (NYSE:RH) stock soared 17% in pre-market trading post third-quarter earnings release. Adjusted EPS at $2.48 missed estimates, but revenue exceeded at $812.73 million, an 8.1% YoY increase. Demand surged 13% in Q3, with November showing even stronger growth at 18%. RH raised Q4 guidance to 20-22% demand growth and FY outlook to 9.9-10.4%.
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