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Fly News Breaks for June 2, 2017
RH
Jun 2, 2017 | 09:11 EDT
After RH provided Q2 EPS guidance that KeyBanc analyst Bradley Thomas finds "disappointing," he is "encouraged" by the company's comp sales, inventory reductions, the outlook for its new stores, and its potential for share repurchases. The analyst remains upbeat on the company's longer term outlook and keeps an Overweight rating on the shares.
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