Restoration Hardware (RH) Reports Preliminary Q4 Results Well Below the Street

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Go back to Restoration Hardware (RH) Reports Preliminary Q4 Results Well Below the Street

RH Chairman and CEO Provides Business Update and Preliminary Fourth Quarter and Fiscal 2015 Results

February 24, 2016 4:10 PM EST

CORTE MADERA, Calif.--(BUSINESS WIRE)-- RH (Restoration Hardware Holdings, Inc. NYSE: RH) Chairman and Chief Executive Officer, Gary Friedman, today provided a business update and preliminary fourth quarter and fiscal 2015 results to shareholders.

Preliminary Fourth Quarter Results*

Demand sales/written orders increased 21% on top of 26% last year** Net revenues increased 11% to $647.2 million on top of a 24% increase last year Comparable brand revenues increased 9% on top of a 24% increase last year Adjusted operating margin of 11.5% versus... More