Luxury furniture retailer RH (RH) experiences 7% rally on impressive earnings and bullish outlook.

From Yahoo Finance: 2025-06-14 09:08:00

RH (RH) saw a 7% rally after snapping a two-day losing streak, closing at $189.12 on Friday. Net income for the first quarter rose to $8.039 million from a $3.625 million loss last year, with revenues growing by 12% to $813.95 million year-on-year.

The luxury furniture retailer RH (NYSE:RH) maintains a bullish outlook and impressive earnings, expecting revenue growth of 10-13% for fiscal 2025. The company sources products from overseas, including China and other Asian countries.

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Read more: RH (RH) Bullish Outlook, Impressive Earnings Spark 7% Rally