RH RH, formerly Restoration Hardware, is expected to report first-quarter fiscal 2018 results on Jun 7.
In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate. Meanwhile, the company surpassed/met expectations in the last four quarters, with the average beat being 17.
The new membership model — RH Members Program — is improving its brand image, streamlining operations and enhancing customer experience. The company’s efforts to redesign its supply chain network and rationalize product offerings bode well.
Meanwhile, year-to-date performance has not been an encouraging one for the home furnishing industry. Despite belonging to the same industry, RH has managed to navigate smoothly. So far this year, the Zacks Home Furnishings industryhas witnessed a fall of 11.8% against the S&P 500’s gain of 2.3%. However, the sluggish run of the industry has been mitigated to a certain extent by the exceptional performance of RH, whose shares have gained 14% in the same time frame.