Wall Street

Don’t Bet On A Bounce For RH

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ValueWalk

RH Falls On Soft Outlook, Weakening Demand TrendsRH (NYSE:RH) was one of the first companies to warn the market about inflationary and supply chain hiccups and, as such, we expect to see give some of the earliest insight into what to expect over the summer. As dubious as the company’s bellwether status may be, the message we are getting from the report is not good. There is little to no mention of the supply chain or inflation in the earnings release but several mentions of softening demand trends, loss of market share, and other near-term headwinds to growth. The takeaway in all this is that …

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