RH Defies Furniture Market Downturn And Promises 2025 Will Be Bigger, Better
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RH, a luxury home furniture company, reported an 8% increase in third-quarter revenues to $812 million, with a 14% rise in demand for its core brand through October, defying the broader market downturn.
December 18, 2024 | 5:00 pm
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RH reported an 8% increase in third-quarter revenues to $812 million, with a 14% rise in demand for its core brand, indicating strong performance despite a market downturn.
The reported increase in revenues and demand for RH's core brand suggests strong business performance, likely boosting investor confidence and positively impacting the stock price in the short term.
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