We came across a bullish thesis on RH on Speedwell Memos’s Substack by Speedwell Research. In this article, we will summarize the bulls’ thesis on RH. RH’s share was trading at $197.84 as of September 29th. RH’s trailing and forward P/E were 37.78 and 22.27 respectively according to Yahoo Finance.
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RH reported 2Q25 revenues grew 8% year-over-year, a deceleration from 12% last quarter, reflecting the first full quarter of tariff impacts. Despite this, the...
