Workflow
RH: More Confidence That Growth Can Inflect Upwards This Year
RHRH(RH) Seeking Alpha·2024-07-16 14:53

Morsa Images Since the last time I wrote about RH, I believe there have been more positive data points that point to growth about to inflect upwards in the coming quarters. I wrote about RH (NYSE:RH) previously (18 January 2024) with a buy rating as I was positive that RH can continue to win share due to its scale advantage against subscale players. I have become more optimistic about RH seeing growth inflection this year, as there are macro indicators that suggest so. Moreover, RH's current growth strategy ...