RH Overcomes Hurricanes, Sees Earnings Soar
Nothing is more impressive than a successful turnaround, and investors in RH (NYSE: RH) have hoped that the home furnishings retailer would be able to generate a nice comeback after a terrible 2016. 2017 has been extremely good to RH so far, and many have thought recently that the business is in a much better position to rebound than it has seen for several years.
Coming into Tuesday's fiscal third-quarter financial report, RH investors expected a big ramp-up in earnings on solid sales gains. RH's results were in line with those expectations, and even though the stock found it difficult to advance following record gains from earlier in the year, the retailer's shareholders should be happy with the company's fundamental performance. Let's take a closer look at RH and what its latest results say about its future.
Image source: RH.
Source: Fool.com
