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RH Posts a Blowout Quarter as Adjusted Earnings Jump 285%; Shares Rise 6 7%

RH (RH) posted strong Q1 results on the back of adjusted earnings that soared 285% year-over-year. RH is an American home-furnishings company. Following the announcement, shares of the company spiked 6.7% in Wednesday’s extended trading session after closing 2.8% lower on the day. Earnings came in at $4.89 per share, beating consensus estimates of $4.10 per share. The company’s revenues of $860.8 million surpassed the Street’s estimates of $757.7 million and jumped 78% from the year-ago period.

Target Posts Blowout First Quarter; Shares Pop

Target Posts Blowout First Quarter; Shares Pop
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