by Mike Duff | Sep 9, 2022 | Retail Articles
Sales gained but Restoration Hardware earnings slipped in the second quarter as market conditions took a toll. Net income was $122.3 million, or $5.37 per diluted share, versus $226.7 million, or $7.09 per diluted share, in the year-prior quarter. Adjusted for...
by Mike Duff | Aug 12, 2022 | Retail Articles
Market researcher YipitData has released the second edition of its Home Goods Market Share Index: Pure Players, detailing which retail brands have gained market share, as in the case of La-Z-Boy, and lost market share, as in the case of Bed Bath & Beyond. The...
by Mike Duff | Jun 3, 2022 | Retail Articles
In the first quarter, Restoration Hardware blew by Wall Street estimates as it continue expanding and updating operations Net income was $200.7 million, or $12.16 per diluted share versus $130.7 million, or $4.19 per diluted share, in the year-before quarter, the...
by Mike Duff | Mar 31, 2022 | Featured News, Home + Housewares, Retail Articles
Restoration Hardware CEO Gary Friedman highlighted the company’s active retail expansion and brand extension strategy after releasing fourth-quarter results that saw RH beat a Wall Street estimate on earnings but not on sales. For the fourth quarter, RH posted a...
by Mike Duff | Dec 9, 2021 | Retail Articles
Third-quarter net revenues at Restoration Hardware pushed over $1 billion as adjusted net income increased by a quarter. Net income was $184.1 million, or $5.88 per diluted share, versus $46.4 million, or $1.64 per diluted share, in the year-prior quarter, according...