Earnings From RH Have Analysts Raising Price Targets

Luxury furnishings retailer RH (NYSE: RH) reported earnings that beat consensus estimates on both the top and bottom lines, and said demand and margins were strong. 

The company formerly known as Restoration Hardware reported revenue that was ahead of the previous-year period, even with the challenges of the COVID-19 pandemic. Net income also increased 54% for this second quarter ending Aug. 1, 2020. 

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Source Fool.com