Investing.com - RH reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
RH announced earnings per share of $8.08 on revenue of $991.62M. Analysts polled by Investing.com anticipated EPS of $6.63 on revenue of $968.91M.
RH shares are down 51.08% from the beginning of the year , still down 64.28% from its 52 week high of $733.99 set on Thursday, September 9, 2021. They are under-performing the EUR/USD which is down 0% year to date.
RH shares gained 0.31% in after-hours trade the report.
RH follows other major Consumer Discretionary sector earnings this month
RH's report follows an earnings beat by Home Depot on Tuesday, August 16, 2022, who reported EPS of $5.05 on revenue of $43.79B, compared to forecasts EPS of $4.95 on revenue of $43.36B.
Lowe’s had beat expectations on Wednesday, August 17, 2022 with second quarter EPS of $4.67 on revenue of $27.48B, compared to forecast for EPS of $4.58 on revenue of $28.12B.
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