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Restoration Hardware Shares Rise On Q4 Results
April 17,
2013 by in UnCategorized
By Aggregated Content in Financial Reports on April 18, 2013
from http://www.rttnews.com/story.aspx?Id=2097161
Shares of Restoration Hardware Holdings, Inc. (NYSE: RH) gained nine percent in extended trade Thursday after the home furnishings retailer reported better-than-expected results for the fourth quarter and also forecast results for the first quarter as well as fiscal 2013 above analysts' estimates.
The company reported a loss for the fourth quarter, reflecting charges related to its initial public offering. However, excluding items, adjusted earnings as well as revenue beat analysts' estimates.
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