RH Analyst Bullish As Company Addresses 3 Issues Including Tariff Exposure
1. RH reduced China product sourcing from 41% in 2018 to 23% in 2024. 2. Revenue growth forecast for Q1 is 12.5%-13.5%. 3. RH aims to increase U.S. sourcing from 10% to 14% by 2024. 4. Free cash flow guidance for 2025 estimated between $250 million to $350 million. 5. Demand growth for RH is 17%, surpassing peers due to innovative products.