Demand for home goods is still on the up and up, based on the quarterly results published by home furnishings retailer RH.
RH, formerly known as Restoration Hardware, posted a top- and bottom-line beat in its fiscal 2020 second-quarter report as the company capitalized on the stay-at-home environment, CEO Gary Friedman told CNBC’s Jim Cramer after the Corte Madera, Calif.-based company reported earnings.
“There’s clearly, you know, a consumer shift that’s happening and you know people are holed up at home,” he said in a “Mad Money” interview.
Source: CNBC
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