For the first time in a long time, the company formerly known as Restoration Hardware missed its numbers. BOH columnist Warren Shoulberg takes a close look.
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.
The online furniture retail giant posted some abysmal second-quarter numbers in a new earnings call. But does Wall Street think Wayfair has bottomed out?
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.”
It’s easy to read the brand’s dismal first-quarter earnings as a sign that the home boom is on the wane. A more accurate reading, reports Warren Shoulberg, is a portrait of a brand in distress.
From an underwhelming product assortment to supply chain woes, BOH’s retail columnist takes a hard look at the big-box retailer’s struggle to build its private label brands.
Announcing his company’s quarterly earnings, RH chairman and CEO Gary Friedman projected confidence about his company’s grander-than-grand vision while acknowledging present-day challenges.