RH Earnings Dazzle - 3 Key Takeaways

Sep. 09, 2021 10:08 AM ETRH (RH) StockRH33 Comments
Bradley Guichard
9.93K Followers

Summary

  • RH once again surpassed expectations and posted record EPS and revenue figures in Q2 fiscal 2021 despite supply chain headwinds.
  • Doubters remain and a large portion of the float is sold short, however shareholders will continue to be rewarded as the profitable growth story unfolds.
  • Three key takeaways from the Q2 fiscal 2021 earnings release.
Restoration Hardware Celebrates The Opening of RH GREENWICH: The Gallery At The Historic Post Office With The Greenwich International Film Festival
Roger Kisby/Getty Images Entertainment

Investment Thesis

RH (NYSE:RH) (also "the Company" hereafter) has richly rewarded shareholders over the past 5 years since management reimagined the Company. Many have been hesitant to believe the story and the short interest remains very high for a profitable enterprise. The bullish metrics

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