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RH Actually Gained 25.9% in the Second Half of 2022. Is the Worst Over?


After plunging 60% in the first half of 2022, luxury furniture player RH (NYSE: RH) rebounded 25.9% in the second half, according to data from S&P Global Market Intelligence.

RH is undergoing a very interesting brand transformation, closing down mall-based stores while opening massive Design Galleries, raising prices and upping quality as the company seeks to become a true luxury brand in furniture.

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Source Fool.com

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