RH Looking Beyond Coronavirus-Pressured Q1
In the first quarter, ended May 2, Restoration Hardware suffered a sales slide associated with the COVID-19 pandemic but is looking forward to a second quarter rebound.
RH
Friedman: RH Ready For Business Transformation
Restoration Hardware has released a copy of chairman and CEO Gary Friedman’s annual letter to shareholders addressing what he sees as the next phase of the company’s development including housing and international initiatives.
RH Reduces Workforce
As RH enters the fourth week that its galleries, restaurants, and outlets in North America have been closed to help prevent the spread of COVID-19, the retailer has temporarily furloughed approximately 2,300 team members, and permanently reduced its workforce by 440 team members.
RH Posts Strong Year But Faces COVID-19 Disruption
After completing a strong fourth quarter and fiscal year, Restoration Hardware is responding to the COVID-19 crisis by adjusting operations including capital spending and deferring executive salaries.
RH Opens Columbus Gallery
RH has opened its latest gallery store format, RH Columbus, The Gallery at Easton Town Center. It continues the retailer’s foray into hospitality with a glass-encased Rooftop Restaurant, and Wine & Barista Bar, that open onto a landscaped park.
RH Chairman Sells Small Portion Of RH Common Stock
Restoration Hardware (RH) said that its chairman and CEO, Gary Friedman, sold an aggregate of 500,000 shares of RH common stock from December 9 through December 11, 2019, consisting of an option to purchase 100,000 shares, and 400,000 shares of common stock that Friedman owned outright.
RH Store Growth Strategy Lifts Q3 Results
Restoration Hardware (RH) emphasized its physical store presence as the foundation of its strong third quarter financial results.
RH Opens Minneapolis Gallery
Restoration Hardware has opened RH Minneapolis, The Gallery in Edina. The store continues the retailer’s foray into hospitality with a glass-encased Rooftop Restaurant, and Wine & Barista Bar, that open onto a landscaped park.
RH Catalogs Offer 120 New Collections
Restoration Hardware has released its 2019 RH Interiors Source Book and RH Modern Source Book. The catalogs, at more than 1,100 pages combined, offer a large assortment of luxury home furnishings.
RH Raises Fiscal Year Earnings Guidance
RH is raising its fiscal year adjusted diluted earnings per share guidance after the closing of a convertible notes offering.
RH Raises Fiscal Year Guidance After Strong Q2
Following a strong second quarter when RH reported double-digit sales increases, the home specialty retailer has raised its sales forecast for the remainder of the year.
RH Debuts Beach House Furnishings Collection
RH has unveiled its RH Beach House collection, a curated assortment the retailer said was inspired by the world’s iconic seascapes and includes several collections.
RH Raises Second Quarter, Fiscal Year Guidance
Restoration Hardware (RH) has updated and raised its second quarter and fiscal year 2019 revenue and earnings guidance.
RH Overcomes China Headwinds In Strong Q1
Restoration Hardware (RH) shrugged off tariff concerns with a strong first quarter, registering a big beat over Wall Street earnings estimates.
RH Names Preston Chief Financial Officer
Restoration Hardware (RH) has appointed Jack Preston as chief financial officer.
RH Crushes Q3 Earnings Estimate As Comps Gain 4%
For the third quarter ended November 3, Restoration Hardware (RH) added two design galleries and beat a Wall Street earnings estimate by 46 cents as it posted a comp gain of 4%.
Restoration Hardware Debuts New Design Gallery In Manhattan
Restoration Hardware (RH) has opened a new-model design gallery in New York City, locating it in Manhattan’s now-trendy Meat Packing District as a showcase for its latest thinking about store design.
Net Income Surges At RH In Q2
As it plans to expand in 2019, Restoration Hardware (RH) experienced a profit surge in the second quarter.
RH Names Blignaut Chief Financial Officer
Restoration Hardware (RH) has named Ryno Blignaut as president, chief financial and administrative officer.
RH Responds To Tariff Proposals
Responding to the latest round of tariff proposals, Restoration Hardware (RH) recently provided what it called clarification in response to inaccurate reports regarding the percentage of the company’s product sourced from China.