RH, LULU: Outlook For Athleisure Ahead Of Holiday Shopping Season

Schwab Network

RH’s (RH) 3Q earnings were recently released. Its adjusted EPS came in at -$0.43 versus an estimated $0.91 and revenue came in at $751.22M versus an estimated $752.55M. Telsey Advisory Group cut RH’s price target to $285 from $325. Cristina Fernandez discusses how RH will perform in the current economic environment. She also talks about the outlook for athleisure ahead of the holiday shopping season. Tom White then joins to demonstrate example trades using RH and Lululemon (LULU). Tune in to find out more about the stock market today.

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