Latest news with #RH
Yahoo
an hour ago
- Business
- Yahoo
3 Brilliant Stocks That Could Soar by 39% to 80%, According to Wall Street
Alibaba's e-commerce and cloud service businesses are starting to make strong recoveries, yet the stock trades at a bargain valuation. Lyft is rolling out new features and just made a potentially game-changing acquisition. RH is back to double-digit percentage growth, and its newer stores are demonstrating outstanding performance. 10 stocks we like better than Alibaba Group › Buying and holding quality stocks is one of the most efficient ways to build wealth. Three Motley Fool contributors believe now is a great time to consider buying shares of Alibaba (NYSE: BABA), Lyft (NASDAQ: LYFT), and RH (NYSE: RH) (formerly Restoration Hardware). What's more, Wall Street analysts also see attractive upsides for these stocks based on their average price targets. Here's why these stocks are poised to soar. (Alibaba): Alibaba is one of the leading e-commerce and cloud service companies in the world. Intensifying competition in China's e-commerce market and regulatory uncertainty have weighed on the stock price over the past few years. But this could also spell significant upside for investors from here as the company continues to see strong demand in its cloud business. The average analyst's 12-month price target of $162 implies a 39% upside from the current share price. The stock trades at a modest forward price-to-earnings multiple of 11.7, indicating that investors are undervaluing its expected growth. Alibaba, like its U.S. counterpart Amazon, is a very tech-centered business. Investments in artificial intelligence (AI), where Alibaba Cloud offers data intelligence services and other AI services for other companies, are driving accelerating growth in its cloud business, with revenue up 18% year over year in the most recent quarter. Alibaba also uses AI in its e-commerce business to understand user behavior, make personalized product suggestions, and manage supply chains. This makes it a formidable competitor, despite its recently weak revenue growth. However, consumer spending is back on the rise in its Taobao and Tmall marketplaces. Overall, Alibaba's revenue growth has accelerated sharply in recent quarters, and it's also reporting improving margins. Analysts expect the company's earnings to grow at an annualized rate of 16% over the next several years. Given the low earnings multiple the stock trades at today, Alibaba could not only reach Wall Street's average 12-month price target but potentially double in value within the next three to five years. Jeremy Bowman (Lyft): Lyft may be a forgotten stock for most investors, and it's easy to see why. Shares of the No. 2 ridesharing company in the U.S. are down nearly 80% from where they stood at its 2019 IPO, as it entered the market overvalued and struggled during the pandemic. However, while it plays second fiddle to Uber, Lyft has innovated with new features, recently made a smart new acquisition, and is building momentum. According to one Wall Street analyst, the stock has an 80% upside currently: Last month, Ivan Feinseth of Tigress Financial gave it a buy rating and boosted his 12-month price target on the stock by $2 to $28. Lyft is in a much stronger position than it was a couple of years ago as the company is both delivering solid growth and has turned profitable. In the first quarter, revenue rose 14% to $1.5 billion while adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) nearly doubled from $59.4 million to $106.5 million. It also posted a small profit of $2.6 million on a generally accepted accounting principles (GAAP) basis. Among the new products driving growth are price lock, which allows customers to lock in a price for a regular commute, Women+, which allows women riders and drivers to match with each other, and Lyft Silver, a service designed to fit the needs of seniors. Lyft also paved the way for its expansion into Europe by acquiring Freenow, a mobility company that's active in nine countries. Overall, Lyft looks poised to continue its double-digit percentage growth and ramp up its profitability, and the stock looks cheap at a price-to-sales ratio of around 1.1. Jennifer Saibil (RH): RH stock has been driven down by macroeconomic pressures, but the business is bouncing back, and the stock should follow. The company is a luxury furniture retailer that operates around 100 galleries in selected affluent communities, mostly in the U.S., though it has recently been expanding into Europe. It also has robust digital channels. However, its bigger ambition is to grow itself into a diversified global luxury brand, and it already operates several upscale restaurants and experiences, including rentable jets and yachts. While its target demographics are generally more resilient than the mass market, RH hasn't been immune to inflation and economic slowdowns. But even amid sagging sales in recent years, it has continued to launch new merchandise lines and open new galleries. Its next, in Paris, is set to open shortly on the Champs-Élysées. Meanwhile, performance at its U.K. gallery has been fantastic, with sales up 47% over last year in the 2025 fiscal first quarter (which ended May 3) and online demand up 44%. Two German locations that have been open for at least a year demonstrated a 60% increase in demand in fiscal Q1, and RH is experiencing accelerating demand in its locations in Brussels and Madrid. In sum, the retailer seems to have turned a corner. It has reported year-over-year revenue increases for the past four quarters, including double-digit percentage increases for the past two quarters. The fiscal first quarter was phenomenal, with a 12% sales increase and an adjusted operating margin of 7%. Yet RH stock is 75% off its peak. The average target price on Wall Street is 24% higher than today's price, and one analyst expects it to jump 137% higher over the next 12 to 18 months. Trading at the cheap valuation of 13 times forward 1-year earnings, RH stock could be a profitable pick right now for risk-tolerant investors. Before you buy stock in Alibaba Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Alibaba Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $704,676!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $950,198!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Jennifer Saibil has no position in any of the stocks mentioned. Jeremy Bowman has positions in Amazon and RH. John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and Uber Technologies. The Motley Fool recommends Alibaba Group, Lyft, and RH. The Motley Fool has a disclosure policy. 3 Brilliant Stocks That Could Soar by 39% to 80%, According to Wall Street was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
an hour ago
- Business
- Globe and Mail
3 Brilliant Stocks That Could Soar by 39% to 80%, According to Wall Street
Buying and holding quality stocks is one of the most efficient ways to build wealth. Three Motley Fool contributors believe now is a great time to consider buying shares of Alibaba (NYSE: BABA), Lyft (NASDAQ: LYFT), and RH (NYSE: RH) (formerly Restoration Hardware). What's more, Wall Street analysts also see attractive upsides for these stocks based on their average price targets. Here's why these stocks are poised to soar. Alibaba stock: 39% upside John Ballard (Alibaba): Alibaba is one of the leading e-commerce and cloud service companies in the world. Intensifying competition in China's e-commerce market and regulatory uncertainty have weighed on the stock price over the past few years. But this could also spell significant upside for investors from here as the company continues to see strong demand in its cloud business. The average analyst's 12-month price target of $162 implies a 39% upside from the current share price. The stock trades at a modest forward price-to-earnings multiple of 11.7, indicating that investors are undervaluing its expected growth. Alibaba, like its U.S. counterpart Amazon, is a very tech-centered business. Investments in artificial intelligence (AI), where Alibaba Cloud offers data intelligence services and other AI services for other companies, are driving accelerating growth in its cloud business, with revenue up 18% year over year in the most recent quarter. Alibaba also uses AI in its e-commerce business to understand user behavior, make personalized product suggestions, and manage supply chains. This makes it a formidable competitor, despite its recently weak revenue growth. However, consumer spending is back on the rise in its Taobao and Tmall marketplaces. Overall, Alibaba's revenue growth has accelerated sharply in recent quarters, and it's also reporting improving margins. Analysts expect the company's earnings to grow at an annualized rate of 16% over the next several years. Given the low earnings multiple the stock trades at today, Alibaba could not only reach Wall Street's average 12-month price target but potentially double in value within the next three to five years. Lyft stock: 80% upside Jeremy Bowman (Lyft): Lyft may be a forgotten stock for most investors, and it's easy to see why. Shares of the No. 2 ridesharing company in the U.S. are down nearly 80% from where they stood at its 2019 IPO, as it entered the market overvalued and struggled during the pandemic. However, while it plays second fiddle to Ube r, Lyft has innovated with new features, recently made a smart new acquisition, and is building momentum. According to one Wall Street analyst, the stock has an 80% upside currently: Last month, Ivan Feinseth of Tigress Financial gave it a buy rating and boosted his 12-month price target on the stock by $2 to $28. Lyft is in a much stronger position than it was a couple of years ago as the company is both delivering solid growth and has turned profitable. In the first quarter, revenue rose 14% to $1.5 billion while adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) nearly doubled from $59.4 million to $106.5 million. It also posted a small profit of $2.6 million on a generally accepted accounting principles (GAAP) basis. Among the new products driving growth are price lock, which allows customers to lock in a price for a regular commute, Women+, which allows women riders and drivers to match with each other, and Lyft Silver, a service designed to fit the needs of seniors. Lyft also paved the way for its expansion into Europe by acquiring Freenow, a mobility company that's active in nine countries. Overall, Lyft looks poised to continue its double-digit percentage growth and ramp up its profitability, and the stock looks cheap at a price-to-sales ratio of around 1.1. RH stock: Up to 137% upside Jennifer Saibil (RH): RH stock has been driven down by macroeconomic pressures, but the business is bouncing back, and the stock should follow. The company is a luxury furniture retailer that operates around 100 galleries in selected affluent communities, mostly in the U.S., though it has recently been expanding into Europe. It also has robust digital channels. However, its bigger ambition is to grow itself into a diversified global luxury brand, and it already operates several upscale restaurants and experiences, including rentable jets and yachts. While its target demographics are generally more resilient than the mass market, RH hasn't been immune to inflation and economic slowdowns. But even amid sagging sales in recent years, it has continued to launch new merchandise lines and open new galleries. Its next, in Paris, is set to open shortly on the Champs-Élysées. Meanwhile, performance at its U.K. gallery has been fantastic, with sales up 47% over last year in the 2025 fiscal first quarter (which ended May 3) and online demand up 44%. Two German locations that have been open for at least a year demonstrated a 60% increase in demand in fiscal Q1, and RH is experiencing accelerating demand in its locations in Brussels and Madrid. In sum, the retailer seems to have turned a corner. It has reported year-over-year revenue increases for the past four quarters, including double-digit percentage increases for the past two quarters. The fiscal first quarter was phenomenal, with a 12% sales increase and an adjusted operating margin of 7%. Yet RH stock is 75% off its peak. The average target price on Wall Street is 24% higher than today's price, and one analyst expects it to jump 137% higher over the next 12 to 18 months. Trading at the cheap valuation of 13 times forward 1-year earnings, RH stock could be a profitable pick right now for risk-tolerant investors. Should you invest $1,000 in Alibaba Group right now? Before you buy stock in Alibaba Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Alibaba Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $704,676!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $950,198!* Now, it's worth noting Stock Advisor 's total average return is1,048% — a market-crushing outperformance compared to175%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 23, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Jennifer Saibil has no position in any of the stocks mentioned. Jeremy Bowman has positions in Amazon and RH. John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and Uber Technologies. The Motley Fool recommends Alibaba Group, Lyft, and RH. The Motley Fool has a disclosure policy.
Yahoo
19 hours ago
- Business
- Yahoo
RH (RH) Is Creating Worries About Its Balance Sheet, Says Jim Cramer
RH (NYSE:RH) is one of the . RH (NYSE:RH) is a home-building supplies company whose shares have struggled in 2025 due to a sluggish housing market stemming from high interest rates. The shares have lost close to 53% year-to-date, fueled particularly by a devastating 40% drop in April after a weak earnings report coupled with bearish market sentiment after the Liberation Day Tariffs pummeled the stock. In his previous comments about the firm, Cramer pointed out that investors are worried by RH (NYSE:RH)'s balance sheet and expressed mixed viewpoints about CEO Gary Friedman's ability to turn around the firm's affairs. This time around, he commented on the stock in the context of general weakness in the housing market: 'Yeah that was brutal. Look. If you listen to Gary Friedman from RH, he would tell you that this is a horrible, horrible market. Now if you look at RH, I mean, that veiled sell was about the balance sheet I think. Now RH is down 50%, this is no boom. Remember, it's certain, I'm saying, housing, that's not great.' A customer happily browsing aisles of high-end furniture in a large showroom. Discussing RH (NYSE:RH)'s balance sheet, here's what Cramer said earlier: '[On interest costs coming down] And that's why Gary Friedman's company is going to make it.' While we acknowledge the potential of RH as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
a day ago
- Business
- Associated Press
RH ANNOUNCES THE OPENING OF RH OKLAHOMA CITY, THE GALLERY AT OAK
CORTE MADERA, Calif.--(BUSINESS WIRE)--Jun 27, 2025-- RH (NYSE: RH) announced today the opening of RH Oklahoma City, The Gallery at OAK, an immersive retail experience seamlessly integrating luxury home furnishings collections from RH Interiors, Modern and Outdoor with rare art, antiques and artifacts from across the globe. Reflecting the brand's continued commitment to hospitality, RH Oklahoma City debuts the Rooftop Restaurant offering a thoughtfully curated menu of enduring classics with the freshest ingredients, simply and elegantly prepared. Situated in the city's most dynamic retail destination, the debut location marks a bold new chapter for the leading luxury home furnishings brand in the world. This press release features multimedia. View the full release here: RH OKLAHOMA CITY, THE GALLERY AT OAK RH Chairman & Chief Executive Officer Gary Friedman commented, 'RH Oklahoma City reflects our commitment to creating architecturally inspiring and immersive spaces that blur the lines between residential and retail, indoors and outdoors, home and hospitality. Spaces that engage all of our senses, and spaces that cannot be replicated online.' Mr. Friedman continued, 'Our hope is that RH Oklahoma City, The Gallery at OAK, becomes a destination that inspires the community to dream, dine, be inspired and design.' Unveiling a new contemporary concept for RH, the Gallery introduces the brand's first-of-its-kind artisanal brick facade in a custom parchment-cream palette. Crafted of hand-selected Italian bricks and finished with classic corbelling, the exterior is complemented by an expanse of glass-and-bronze doors. As night falls, the transparent, multi-level gallery is transformed through dramatic illumination, highlighting its architectural details and landscaping. Ascending the grand double staircase to the third level, guests will arrive at the Rooftop Restaurant where they will discover a striking open focal kitchen clad in natural Taj Mahal stone, flanked by a pair of cascading water walls. Set within a year-round, skylit garden escape, the restaurant offers a thoughtfully curated menu of enduring classics and fresh seafood dishes, all beneath a dramatic atrium with sparkling chandeliers, heritage olive trees and a cascading central fountain. Seamlessly extending from indoors to out, the restaurant will open onto a beautifully landscaped Rooftop Park. Influenced by the great classical gardens of Europe, this immersive destination will encompass a series of intimate RH Outdoor lounge spaces defined by a layered composition of London plane trees, shade canopies and littleleaf boxwoods. Occupying the second level, the RH Interior Design Atelier offers clients an unprecedented level of professional design services, including a private presentation room with state-of-the-art technology, design libraries showcasing a wide assortment of textiles, furniture and lighting finishes and an RH Rugs showroom presenting an exclusive collection. On the main level, visitors will pass through a 27-foot threshold into the Gallery's Great Room with its soaring floor-to-ceiling columns and natural light emanating from a monumental skylight three floors above. Along the periphery, barrel-vaulted passageways lead to a classical arrangement of rooms presenting artistic installations of RH Collections seamlessly integrated with one-of-a-kind antiques and artifacts from Friedman's world travels. RH Oklahoma City, The Gallery at OAK is located at 2110 Northwest Expressway. The Gallery can be reached at 405.445.3744. Gallery hours of operation are Monday through Thursday 10am to 8pm; Friday and Saturday 10am to 9pm; Sunday 10am to 8pm. The Rooftop Restaurant hours of operation are Monday through Thursday 11:30am to 2:30pm and 5pm to 8pm; Friday 11:30am to 2:30pm and 5pm to 9pm; Saturday 10am to 9pm; Sunday 10am to 8pm. For more, visit ABOUT RH RH (NYSE: RH) is a curator of design, taste and style in the luxury lifestyle market. The company offers collections through its retail galleries, sourcebooks and online at and FORWARD-LOOKING STATEMENTS This release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding the following: RH Oklahoma City presenting one of the largest collections of luxury home furnishings in the world; RH Oklahoma City being an innovative retail experience that seamlessly integrates RH's luxury home furnishing collections with rare art, antiques and artifacts from across the globe; the Rooftop Restaurant offering a thoughtfully curated menu of enduring classics featuring the freshest ingredients, simply and elegantly prepared; RH Oklahoma City being situated in the city's most dynamic retail destination; the RH Interior Design Atelier offering clients an unprecedented level of professional design services; the main level featuring rooms presenting artistic installations seamlessly integrated with one-of-a-kind antiques and artifacts from Friedman's world travels; and any statements or assumptions underlying any of the foregoing, and similar statements. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. We cannot assure you that future developments affecting us will be those that we have anticipated. Important risks and uncertainties that could cause actual results to differ materially from our expectations include, among others, risks related to civil unrest; risks related to general economic conditions and the housing market as well as the impact of economic conditions on consumer confidence and spending; changes in customer demand for our products; our ability to anticipate consumer preferences and buying trends; consumer spending based on weather and other conditions beyond our control; risks related to the number of new business initiatives we are undertaking; our ability to obtain our products in a timely fashion or in the quantities required; risks related to our sourcing and supply chain including our dependence on imported products produced by foreign manufacturers and risks related to importation of such products, as well as those risks and uncertainties disclosed under the sections entitled 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' in RH's most recent Form 10-K and Forms 10-Q filed with the Securities and Exchange Commission, and similar disclosures in subsequent reports filed with the SEC, which are available on our investor relations website at and on the SEC website at Any forward-looking statement made by us in this press release speaks only as of the date on which we make it. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws. View source version on CONTACT: PRESS CONTACT:[email protected] INVESTOR RELATIONS CONTACT:[email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA OKLAHOMA INDUSTRY KEYWORD: HOME GOODS CONSTRUCTION & PROPERTY RESTAURANT/BAR LIFESTYLE CONSUMER LUXURY INTERIOR DESIGN RETAIL SOURCE: RH Copyright Business Wire 2025. PUB: 06/27/2025 10:39 AM/DISC: 06/27/2025 10:39 AM
Business Wire
a day ago
- Business
- Business Wire
RH ANNOUNCES THE OPENING OF RH OKLAHOMA CITY, THE GALLERY AT OAK
CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) announced today the opening of RH Oklahoma City, The Gallery at OAK, an immersive retail experience seamlessly integrating luxury home furnishings collections from RH Interiors, Modern and Outdoor with rare art, antiques and artifacts from across the globe. Reflecting the brand's continued commitment to hospitality, RH Oklahoma City debuts the Rooftop Restaurant offering a thoughtfully curated menu of enduring classics with the freshest ingredients, simply and elegantly prepared. Situated in the city's most dynamic retail destination, the debut location marks a bold new chapter for the leading luxury home furnishings brand in the world. RH Chairman & Chief Executive Officer Gary Friedman commented, 'RH Oklahoma City reflects our commitment to creating architecturally inspiring and immersive spaces that blur the lines between residential and retail, indoors and outdoors, home and hospitality. Spaces that engage all of our senses, and spaces that cannot be replicated online.' Mr. Friedman continued, 'Our hope is that RH Oklahoma City, The Gallery at OAK, becomes a destination that inspires the community to dream, dine, be inspired and design.' Unveiling a new contemporary concept for RH, the Gallery introduces the brand's first-of-its-kind artisanal brick facade in a custom parchment-cream palette. Crafted of hand-selected Italian bricks and finished with classic corbelling, the exterior is complemented by an expanse of glass-and-bronze doors. As night falls, the transparent, multi-level gallery is transformed through dramatic illumination, highlighting its architectural details and landscaping. Ascending the grand double staircase to the third level, guests will arrive at the Rooftop Restaurant where they will discover a striking open focal kitchen clad in natural Taj Mahal stone, flanked by a pair of cascading water walls. Set within a year-round, skylit garden escape, the restaurant offers a thoughtfully curated menu of enduring classics and fresh seafood dishes, all beneath a dramatic atrium with sparkling chandeliers, heritage olive trees and a cascading central fountain. Seamlessly extending from indoors to out, the restaurant will open onto a beautifully landscaped Rooftop Park. Influenced by the great classical gardens of Europe, this immersive destination will encompass a series of intimate RH Outdoor lounge spaces defined by a layered composition of London plane trees, shade canopies and littleleaf boxwoods. Occupying the second level, the RH Interior Design Atelier offers clients an unprecedented level of professional design services, including a private presentation room with state-of-the-art technology, design libraries showcasing a wide assortment of textiles, furniture and lighting finishes and an RH Rugs showroom presenting an exclusive collection. On the main level, visitors will pass through a 27-foot threshold into the Gallery's Great Room with its soaring floor-to-ceiling columns and natural light emanating from a monumental skylight three floors above. Along the periphery, barrel-vaulted passageways lead to a classical arrangement of rooms presenting artistic installations of RH Collections seamlessly integrated with one-of-a-kind antiques and artifacts from Friedman's world travels. RH Oklahoma City, The Gallery at OAK is located at 2110 Northwest Expressway. The Gallery can be reached at 405.445.3744. Gallery hours of operation are Monday through Thursday 10am to 8pm; Friday and Saturday 10am to 9pm; Sunday 10am to 8pm. The Rooftop Restaurant hours of operation are Monday through Thursday 11:30am to 2:30pm and 5pm to 8pm; Friday 11:30am to 2:30pm and 5pm to 9pm; Saturday 10am to 9pm; Sunday 10am to 8pm. For more, visit ABOUT RH RH (NYSE: RH) is a curator of design, taste and style in the luxury lifestyle market. The company offers collections through its retail galleries, sourcebooks and online at and FORWARD-LOOKING STATEMENTS This release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding the following: RH Oklahoma City presenting one of the largest collections of luxury home furnishings in the world; RH Oklahoma City being an innovative retail experience that seamlessly integrates RH's luxury home furnishing collections with rare art, antiques and artifacts from across the globe; the Rooftop Restaurant offering a thoughtfully curated menu of enduring classics featuring the freshest ingredients, simply and elegantly prepared; RH Oklahoma City being situated in the city's most dynamic retail destination; the RH Interior Design Atelier offering clients an unprecedented level of professional design services; the main level featuring rooms presenting artistic installations seamlessly integrated with one-of-a-kind antiques and artifacts from Friedman's world travels; and any statements or assumptions underlying any of the foregoing, and similar statements. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. We cannot assure you that future developments affecting us will be those that we have anticipated. Important risks and uncertainties that could cause actual results to differ materially from our expectations include, among others, risks related to civil unrest; risks related to general economic conditions and the housing market as well as the impact of economic conditions on consumer confidence and spending; changes in customer demand for our products; our ability to anticipate consumer preferences and buying trends; consumer spending based on weather and other conditions beyond our control; risks related to the number of new business initiatives we are undertaking; our ability to obtain our products in a timely fashion or in the quantities required; risks related to our sourcing and supply chain including our dependence on imported products produced by foreign manufacturers and risks related to importation of such products, as well as those risks and uncertainties disclosed under the sections entitled 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' in RH's most recent Form 10-K and Forms 10-Q filed with the Securities and Exchange Commission, and similar disclosures in subsequent reports filed with the SEC, which are available on our investor relations website at and on the SEC website at Any forward-looking statement made by us in this press release speaks only as of the date on which we make it. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.
