WestEnd Capital Management noted in its Q2 2026 investor letter that RH (NYSE:RH) has built one of the most distinctive luxury home brands in the industry, with its affluent customer base remaining resilient amidst rising interest rates and high inflation. The fund believes that management continues to strengthen the RH brand by opening new galleries, expanding collections, offering hospitality services, and pursuing international development. As of September 3, RH's stock price was $146.61, down 25.85% over the past month and 42.06% over the past year.