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it has to wait for more housing starts
Recs
Fairly short term, soft negative for this stock based on the weakness of some upcoming product introductions (and the lack thereof in some other key product categories.) Also, the RH aesthetic continues to be too narrowly defined which will limit growth. Growth channels outside of home goods appear to be lagging in development phase.
Recs
Public only about a week and the COO has already sold over 52,000 shares at an average of $22.32 $13 less than it's last trade.
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