by Mike Duff | Dec 18, 2024 | Retail Articles
Restoration Hardware, continuing its expansion strategy, announced the opening of RH Montecito (CA): The Gallery at The Old Firehouse. The 9,000-square-foot California store in the enclave just north of Santa Barbara is what RH characterizes as a reimagination of an...
by Mike Duff | Dec 13, 2024 | Retail Articles
Although Restoration Hardware third-quarter earnings were a bit below analyst expectations, the retailer turned to profit in the period year over year while revenues beat a Wall Street forecast. Net income was $33.2 million, or $1.66 per diluted share, versus a net...
by Mike Duff | Sep 13, 2024 | Retail Articles
Restoration Hardware reported a year-over-year, second-quarter earnings slide on higher revenues with both metrics surpassing Wall Street estimates. Net income was $29 million, or $1.45 per diluted share, versus $76.5 million, or $3.36 per diluted share, in the...
by Mike Duff | Jul 1, 2024 | Retail Articles
Restoration Hardware has launched the 2024 RH Modern Sourcebook, debuting what the company said is more than 50 exclusive collections. In addition, the company announced chairman and CEO Gary Friedman completed the purchase of $10 million of RH stock at an average...
by Mike Duff | Jun 14, 2024 | Retail Articles
The first quarter turned to a loss for Restoration Hardware, which reported it is sticking to expansion plans as the company pursues new U.S. and international business. Net loss was $3.6 million, or 20 cents per diluted share, versus net income of $41.9 million, or...
