by Mike Duff | Dec 8, 2023 | Retail Articles
Net loss was $2.2 million, or 12 cents per diluted share, versus net income of $98.8 million, or $3.78 per diluted share, in the year-earlier quarter. Adjusted for one-time events, net loss was $7.8 million, or 42 cents per diluted share, versus net income of $110.4...
by Mike Duff | Sep 8, 2023 | Retail Articles
Restoration Hardware’s second-quarter earnings and revenues tumbled, but the company still beat a Wall Street estimate as it maps out continuing expansion. In the quarter, net income was $76.5 million, or $3.36 per diluted share, versus $122.3 million, or $4.54...
by Mike Duff | Jun 9, 2023 | Retail Articles
Restoration Hardware has opened RH England, The Gallery at the Historic Aynho Park, a 400-year-old landmark estate that will provide shoppers with an immersive physical expression of the brand. RH England marks the beginning of the retailer’s global expansion, it...
by Mike Duff | Mar 30, 2023 | Retail Articles
Amid economic uncertainty, luxury home merchandise retailer Restoration Hardware had a difficult fourth quarter with earnings and revenues coming in well short of expectations. For the quarter, RH posted net income of $106.9 million, or $4.21 per diluted share, versus...
by Mike Duff | Dec 12, 2022 | Retail Articles
As it revealed third-quarter financial results that topped expectations, Restoration Hardware also announced a pair of acquisitions and the addition of an executive to head up a new media operation. The company has acquired Dmitriy & Co., a to-the-trade custom...
