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Which Furniture Stock is a Better Buy? -Breaking

by Mike Robinson

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© Reuters. RH and Ethan Allen: What Furniture Stock Is a Better Purchase?

Even with rising input prices and disruptions to supply chains, rising demand for high quality furniture should enable prominent furniture stocks RH(NYSE:), and Ethan Allen [NYSE:] to increase production costs and make substantial profits this holiday season. What stock should you buy? Find out more. RH (RH) Ethan Allen Interiors Inc . The two most well-respected residential furniture retailers in the United States are ETD and RH. RH offers furniture, lighting, textiles, bath-ware, décor, outdoor and garden, and child and teen furnishing products. ETD, a company that specializes in interior design, manufactures, sells, and distributes upholstery and accent products, as well as home and garden furniture. The companies sell their products through a variety of retail outlets and online.

The rising demand for high-quality home furnishings is being driven by the continued operation of remote work structures, the rebound in COVID-19 cases, and the increasing consumer spending. Due to increasing demand for quality furniture, this trend is likely to continue. Global furniture sales are expected to increase at 4% and hit $113.61 million by 2024. Both RH and ETD will be in the holiday spirit.

ETD has risen 3.6% while RH fell 13.9% in the last three months. ETD is a clear winner with 2.9% gains versus RH’s negative returns in terms of their past month’s performance. What stock do you think is the best? Let’s find out.

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