Professional
Added to YB: 2025-01-27
Pitch date: 2025-01-25
RH [bearish]
RH
+60.67%
current return
Author Info
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Company Info
RH, together with its subsidiaries, operates as a retailer and lifestyle brand in the home furnishings market in the United States, Canada, the United Kingdom, Germany, Belgium, and Spain.
Market Cap
$3.7B
Pitch Price
$411.88
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.92
P/E
37.22
EV/Sales
2.28
Sector
Specialty Retail
Category
N/A
RH: Where Did All The Cash Go?
RH short: Cash dwindling ($42M) after $2.3B buybacks & CEO's $740M stock sale. Missed targets, inventory buildup (198 days), failed EU expansion. 'Demand' metric questioned. Altman Z-score 1.65 signals distress. Aspen projects delayed. Options: turn FCF+, raise capital, or go private again.
Read full article (22 min)