3 Takeaways From RH's Earnings Call
Despite sky-high expectations, investors found plenty to like about RH's (NYSE: RH) latest earnings report. The luxury home furnishings giant is benefiting from some temporary lifts, including exuberant consumer spending attitudes. Its results benefited from comparison to an unusually weak year-ago period, too.
But, as management explained in a conference call with Wall Street analysts, demand is still running above their initial 2021 expectations. There's a good chance at accelerating growth in 2022 and beyond, as well, following a slowdown later this year.
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Source Fool.com
