The clearance sales are ceaseless - has any other brand on earth run a 60%-off sale for three years? Restoration Hardware, a “luxury” brand, has been running the same clearance sale since September 2023. Absurd. Tomorrow we find out just how dire the cash situation is for the most debated name in furniture.
Here’s the historical setup context followed by detailed Consensus expectations for 2Q, 3Q and the full year all the way down to the important balance sheet accounts:
