RH

Financials
RH Q2 Beats Wall Street Despite Coronavirus Disruptions

In weathering the COVID-19 roiled market, Restoration Hardware easily beat a Wall Street earnings estimate for the second quarter as the company continues on its way to significant margin gains, according to chairman and CEO Gary Friedman.

Retail
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.

Retail
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.

Retail
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.

Retail
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.

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