Shares of Restoration Hardware (NYSE:RH) fell almost 5% today, despite the fact that it announced good numbers and improved its guidance. Motley Fool One analyst Jason Moser thinks the decline is a reaction to the change of leadership with the departure of co-CEO Carlos Alberini, who has helped the company's share price increase 77% this year. Jason also thinks that the company can thank the rebound in housing for its great year, as people have been able to save more money on loans and use it to upgrade their homes. But does all of that mean Jason is buying Restoration Hardware today? Check out the video below to find out.
Mark Reeth is an incredibly handsome Consumer Goods editor, and is an expert on all things that fall within the Consumer Goods sector (especially video games). Follow him on Twitter for all of the most important CG news.
- Dec 13, 2013 at 2:38PM
- Consumer Goods