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What Analysts Expect from RH’s Revenue in Q3 2018

What Analysts Expect from RH’s Revenue in Q3 2018

Analysts expect RH (RH) to post revenue of $632.2 million in the third quarter, a rise of 6.7% from $592.5 million in the third quarter of 2017. This revenue growth is expected to be driven by its SSSG (same-store sales growth), the addition of new galleries, and growth in its direct sales. In 2018, RH has opened three new galleries: the Portland gallery on April 9, the Nashville gallery on July 2, and the New York gallery on September 12.