Restoration Hardware (RH) PT Cut to $47 at Cowen

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Competition May Underlie the Restoration Hardware (RH) Miss - Piper Jaffray

February 25, 2016 8:11 AM EST

Piper Jaffray analyst Neely Tamminga is slashing estimates on Restoration Hardware (NYSE: RH) due to the lack of visibility after the earnings miss. The PT is nearly cut in half as it drops to $48, no change to Neutral rating.

RH's provided a business update in which results are coming in well below guidance and expectations. Problems included shipping delays in its RH Modern product, underperformance in markets reliant on energy, currency fluctuations, and... More

BB&T Capital Cuts Price Target on Restoration Hardware (RH) to $70; Sights Shipping Delays for Weakness

February 25, 2016 8:02 AM EST

BB&T Capital maintained a Buy rating on Restoration Hardware (NYSE: RH), and cut the price target to $70.00 (from $120.00), following the company's preliminary 4Q earnings report. Net revenues increased 11% to $647M, but missed estimates by $70M. Management attributed the underperformance to shipping delays, as... More

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

February 24, 2016 4:14 PM EST

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 (*** consensus is $710.9M)Comparable brand revenues increased 9% on top of a 24% increase last yearAdjusted operating... More