/C O R R E C T I O N -- Vesta Home/

Impact · against what's priced in

The appointment of Michael Brown to Vesta Home is a positive catalyst for Vesta as it seeks to scale its high-margin furniture business. It is not material for RH, as the loss of a former executive does not impact the company's current operational drivers or margin profile.

RH+0.00

Doesn't touch the price's assumptions

In context

The departure of a former executive to a competitor does not affect the current revenue growth targets of 8-9% or the current margin profile the market is pricing.

What RH's price assumes · Sep 23

• creative leadership
• executive appointment
• furnishings
• home staging
• interior design
• luxury home

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