Article By:
Greg Feirman
Thursday, September 7, 2023 7:24 PM EDT
RH’s 3Q23 guidance looks to be quite weak – especially operating margins of 8.0%-10.0%.
What Fitbit Inc (FIT) Could Learn From Restoration Hardware (RH)
I agree that $FIT could learn from $RH's stock buyback. But just as the dedicated MP3 player became obsolete with the proliferation of smart phones, I believe #Fitbit is in serious trouble as products like the #AppleWatch go mainstream $AAPL.