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...
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...
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...
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...
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...
