RH Sees Q2 Demand Growth In The Range Of 9%-10% And Revenue Growth Of 3%-4%. We Are Forecasting Adjusted Operating Margin To Be In The Range Of 11%-12% And Adjusted EBITDA Margin Of 17%-18%
Portfolio Pulse from Benzinga Newsdesk
RH forecasts Q2 demand growth of 9%-10% and revenue growth of 3%-4%. The company also expects adjusted operating margin to be 11%-12% and adjusted EBITDA margin to be 17%-18%.
June 13, 2024 | 8:44 pm
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RH forecasts Q2 demand growth of 9%-10% and revenue growth of 3%-4%. The company also expects adjusted operating margin to be 11%-12% and adjusted EBITDA margin to be 17%-18%.
The positive growth forecasts for demand and revenue, along with healthy margins, suggest a strong performance for RH in Q2, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100