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...
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 | Jun 17, 2022 | Retail Articles
Restoration Hardware is introducing RH Contemporary, a new collection the company asserts offers a level of design and quality unseen before outside of to-the-trade showrooms. Positioned by the company as an ultra-premium luxury furnishings collection alongside 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...