These Analysts Slash Their Forecasts On RH Following Downbeat Results
1. RH reported fourth-quarter revenue of $812.41 million, below expectations. 2. Adjusted earnings per share were $1.58, missing the anticipated $1.92. 3. CEO highlights strategic investments driving future growth in the luxury market. 4. Analysts have adjusted price targets for RH following disappointing earnings. 5. Shares rose 4.3% to $249.35 post-earnings announcement.