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.

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