RH Surges Despite Q3 Profit Miss, Boosted by Upbeat Full-Year Outlook

Reported 1 day ago

RH, formerly known as Restoration Hardware, experienced a notable stock surge in after-hours trading following a third-quarter earnings report that fell short of profit expectations. Despite this, the company raised its full-year revenue forecast to a projected growth of 6.8% to 7.2%, driving a positive response from investors.

Source: YAHOO

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