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.
Source Fool.com