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• If you are wondering whether RH at around US$120 is a bargain or a value trap, the answer depends heavily on how you look at the numbers.

• The stock has moved 6.3% over the past week, while the 30 day return sits at a 15.1% decline and the return over the past year is a 37.5% decline, which naturally raises questions about both risk and future potential.

• Recent coverage around RH has focused on its position as a high end home furnishings brand and how that fits with shifting consumer preferences, offering some context for these sharp moves in the share price….