The saga of Beyond Inc. continues, with recently promoted executive chairman Marcus Lemonis promising a U-turn into profitability even as he announced grim numbers for Q4 2023. Warren Shoulberg unpacks the latest.
RH is the latest company to report lackluster earnings for the second quarter. But on a call with analysts, CEO Gary Friedman remained upbeat, saying his team will “fight for and die for” its vision and values.
In RH’s recent first-quarter earnings calls, Gary Friedman reported disappointing results in line with the brand’s previous quarter—and the slowing home sector at large. Warren Shoulberg breaks down RH’s plan to get back on its upward trajectory.
Too much inventory, not enough business. Too much inflation, not enough profits. Retail expert Warren Shoulberg dives in to the quarter’s earning reports from some of the biggest home retailers and outlines the state of the industry today.
In its latest earnings call, the retailer beat analyst estimates, topped last year’s first-quarter performance, announced a $2 billion stock buyback and debuted a sprawling new collection that CEO Gary Friedman calls “the best work we’ve ever done.”