Restoration Hardware (RH) Misses Q1 EPS by 10c; Comps Miss; Cuts FY16 Outlook
Restoration Hardware (NYSE: RH) reported Q1 EPS of ($0.05), $0.10 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $455.5 million versus the consensus estimate of $452.14 million.
Comps rose 4 percent, versus a 4.7 percent gain expected.
GUIDANCE:
Restoration Hardware sees Q2 2016 EPS of $0.28-$0.33, versus the consensus of $0.80. Restoration Hardware sees Q2 2016 revenue of $505-520 million, versus the consensus of $531.6 million.
Restoration Hardware sees FY2016 EPS of $1.60-$1.80, versus the consensus of $2.66.
For earnings history and earnings-related data on Restoration Hardware (RH) click here.