Kettle Hill Loads Up With 161,000 Shares of RH Worth $28.9 Million

Company Overview - RH is a leading specialty retailer in the home furnishings sector, operating a multi-channel platform that includes luxury retail galleries, curated catalogs, and digital commerce [6] - The company offers a broad range of home furnishings, including furniture, lighting, textiles, bathware, décor, outdoor and garden products, and specialty lines for children and teens [9] - RH generates revenue primarily through direct-to-consumer sales via retail galleries, catalogs (Source Books), and multiple branded e-commerce platforms [9] - The company targets affluent residential customers seeking premium home furnishings and design-driven products in the United States, Canada, and the United Kingdom [9] Financial Metrics - As of February 13, 2026, RH's stock price was $205.06, with a market capitalization of $3.85 billion [4] - The company's revenue for the trailing twelve months (TTM) was $3.41 billion, and net income for the same period was $109.93 million [4] - RH shares have declined by 46.1% over the past year, underperforming the S&P 500 by 57.9 percentage points [8] Recent Developments - Kettle Hill Capital Management, LLC disclosed a new position in RH, acquiring 161,122 shares valued at approximately $28.87 million [2][8] - This new position represents 6.4% of Kettle Hill Capital Management's reportable U.S. equity assets as of December 31, 2025 [8] - Notably, Kettle Hill did not hold a position in RH in Q3, making this acquisition significant as it is now the fund's third-largest position [10]