Luxury furniture retailer RH (NYSE:RH) is set to report earnings this Thursday. Last quarter, RH missed revenue expectations by 0.6%, with revenues of $899.2 million, up 8.4% year on year. Analysts expect this quarter’s revenue to grow 8.8% to $883.5 million. RH has missed revenue estimates six times in the last two years. Peers like Williams-Sonoma and Arhaus have reported positive results, with Williams-Sonoma’s revenue up 4.6% and Arhaus’s up 8%. RH’s stock price has remained flat recently, with an average analyst price target of $254.12. Investors are optimistic about the home furniture retailer segment.
Read more at Barchart: What To Expect From RH’s (RH) Q3 Earnings
