Odd Lots
Everyone’s Talking About The RH CEO’s Ominous Macro Comments On The Company’s Earnings Call
This article is for subscribers only.
The talk of the finance world today is the conference call that happened last night for RH’s (formerly known as Restoration Hardware) quarterly earnings call.
The basic gist is that the company says that it’s seen a sharp deceleration in customer activity over the last several days, prompting CEO Gary Friedman to give an ominous assessment of the overall macro situation.