TFMG
5 years ago
$RH INVESTORS TAKE A COMFY SEAT, 28% POP, ON GREAT GUIDANCE.
This was a quarter that many were worried about, thus the decline pre earnings , the cloud of China trade has scared investors away. The earnings were a blowout rather than a beat, with adjusted earnings of $1.85 per share rather than the $1.53 expected, while revenue also beat by $14million.
RH also addressed the rising trade tensions between Washington and Beijing saying that it doesn't believe the "current trade climate will impair our ability to achieve our stated financial goals." The company has worked hard on sourcing, negotiating and pricing to maintain margins while not effecting sales.
The 28% jump today is fantastic but it is a missed opportunity, don't fret this stock will go back to the $160 level and a all time high soon, a opportunity above the 200ma or the gap fill level will still reward you with a + 20% return.
tdeck
6 years ago
Damn reports record quarter and due to lowering earnings forecast from 9-10 in 2019 to 8.50-9 it drops 30 points, damn. LOL. In various lots 103-108 for 4100 shares and will end up well, but, damn LOL.
Technical traders and computers took it and just rode the train down, time to go back up, but damn LOL. Once those computers get involved all reality and numbers go out the window.
Peace out.
MiamiGent
6 years ago
RH Good morning, folks. Wonderful way to start the day. Sold my overnight hold for about $3.30/SH (share)! Fantastic when I consider my first entry was a couple dollars over the LOD (low of day). Again, shows the value of holding something back to be able to average if you misguessed (my word) the lows.
Now, ordinarily I'd be turning around and shorting this but the Vice Premier of China, the lead negotiator on the Trade talks, is meeting with POTUS today. Don't want to be holding a short over the weekend, in the somewhat distant chance of a Trade breakthrough announcement. Would get burnt.
I'll hope for RH to dip significantly enough to reposition, or just find another play. Stay tuned..
MG
MiamiGent
6 years ago
RH How Furniture Retailer RH Pulled Off Its Surprising Turnaround
BY MarketWatch — 7:35 AM ET 01/07/2019
Two years ago, RH, formerly known as Restoration Hardware(RH), was in the dumps (https://www.wsj.com/articles/ logistics-woes-crimp-restoration-hardwares-modern-collection-1459207483?mod=article_inline). The stock was down and short sellers were piling in. RH fought back, revamping its business model and adding risk by borrowing to buy back half its stock (https://www.wsj.com/articles/one-retail-ceo-has-bet-1-billion-to-fight-skeptical-investors-1514383673).
The buyback helped crush the shorts and the new strategy made RH one of the great retail turnaround stories.
But is it sustainable?
RH improved quality and raised prices, setting itself apart from rivals like Pottery Barn and Crate & Barrel, while forging important relationships with interior designers. "They used to cater to the top 10%," says Anthony Chukumba of Loop Capital. "Now they're catering to the top 1%."
It has built out its stores, which are big advertisers for the brand, while at the same time adding amenities such as restaurants and wine bars that drew in traffic.
Other initiatives have helped, too. The company has reduced inventory, closed distribution centers and introduced a membership program (https://www.wsj.com/articles/what-restoration-hardware-can-learn-from-j-c-penney-1459698948?mod= article_inline&mod=article_inline) that draws consumers on a steady basis instead of through sporadic promotions. RH, wrote Wedbush analyst Seth Basham, is "a luxury brand with no peer."
The stock has climbed 27% in the last 12 months, reaching a high over the summer. When it reported third-quarter earnings (https://www.wsj.com/articles/rh-raises-forecast-as-organizational-changes-improve-profits-1543877713) in December, investors were particularly elated. The company reported year-over-year earnings growth of 66% and revenue growth of nearly 8%. It also raised its guidance for the fourth quarter, ending Feb. 2, and for its next fiscal year.
With the business humming, one question is whether RH borrowed too much to beat back the shorts. On that count the retailer looks OK. At the end of the third quarter, it had $959 million worth of debt. Some of that debt will mature this year and next. That would have been a concern two years ago when the company's free cash flow was negative. But now the company says it expects free cash flow of around $260 million for this fiscal year and a similar figure for fiscal 2019.
A second concern might be a downturn in the housing market or additional tariffs on Chinese imports. China accounted for around 40% of RH's purchases in 2017; that number is expected to decline as the company gradually shifts production elsewhere. Even if tariffs drive up costs, though, analysts say the company can easily pass along them along to their affluent customers.
Trading at 11.5 times forward earnings, RH's stock commands about half the earnings multiple it has on average over the past five years. Investors also should be encouraged by the fact that Chief Executive Gary Friedman is now also the largest shareholder. As Mr. Chukumba points out, "Management has a ton of skin in the game. They're in it together."
Write to Elizabeth Winkler at elizabeth.winkler@wsj.com
(END) Dow Jones Newswires
SANDRA11
7 years ago
Have you read their recent 8k!!??
Their conversion price is not 25%
Above the closing price of $154.92
Infact it could be changed at any time,
Do yourself a favor and read the 8k before
You buy any shares here!!
I once shorted another high flying stock
Like this, in home improvement business,
It was well over $100 when I shorted it, and
With in 2 months there after they announced
Accounting irregularities and the rest is history!
That said stock dropped to teens and has never
Recovered!!
This over hyped POS, Is no different.
The only people that will make money here
Are insiders and institutions, at the cost to
The average Joe!
I fully expect some sort of accounting irregularities here, The numbers don't add up!
Even if they were curing cancer, a 500 PE
Is not warranted.
SWIM AT YOUR OWN RISK.
stocktrademan
9 years ago
$RH recent news/filings
bullish
long term
http://ir.restorationhardware.com/phoenix.zhtml?c=79100&p=irol-irhome
Corporate Profile
We believe RH is one of the most innovative and fastest growing luxury brands in the home furnishings marketplace. We believe our brand stands alone and is redefining this highly fragmented and growing market, contributing to our superior sales growth and market share gains over the past several years as compared to industry growth rates. Our ability to innovate, curate and integrate products, categories, services and businesses with a completely authentic and distinctive point of view, then rapidly scale them across our fully integrated multi-channel infrastructure is a powerful platform for continued long-term growth. We evolved our brand to become RH, positioning our Company to curate a lifestyle beyond the four walls of the home. Our unique product development, go-to-market and supply chain capabilities, together with our significant scale, enable us to offer a compelling combination of design, quality and value that we believe is unparalleled in the marketplace.
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$RH DD Notes ~ http://www.ddnotesmaker.com/RH
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/RH/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/RH/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=RH+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=RH+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=RH+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/RH/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/RH/news - http://finance.yahoo.com/q/h?s=RH+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/RH/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/RH/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/RH/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/RH/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/RH/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/RH/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/RH/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/RH/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=RH+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/RH
DTCC (dtcc.com): http://search2.dtcc.com/?q=Apple%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Apple%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Apple%2C+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.apple.com/pr
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.apple.com/pr#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.apple.com/pr
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/RH/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/RH
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/RH/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/RH/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/RH/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000320193&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/RH/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/RH/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/RH/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/RH/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=RH&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=RH
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/RH/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=RH+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=RH+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=RH
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=RH
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=RH+RHh+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/RH/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=RH+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/RH.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=RH
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/RH/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/RH/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/RH/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/RH/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/RH
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/RH
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/RH:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=RH
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=RH
StockTwits (stocktwits.com): http://stocktwits.com/symbol/RH
$RH DD Notes ~ http://www.ddnotesmaker.com/RH