Telsey Downgrades Restoration Hardware (RH) to Market Perform
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RH Reports First Quarter Fiscal 2016 Financial Results
June 8, 2016 4:10 PM EDTCORTE MADERA, Calif.--(BUSINESS WIRE)-- RH (Restoration Hardware Holdings, Inc. - NYSE: RH) today announced financial results for the first quarter ended April 30, 2016.
The Company will post a video presentation between approximately 1:15 p.m. 1:30 p.m. PT (4:15 p.m. 4:30 p.m. ET) today highlighting its continued evolution and recent performance on the RH Investor Relations website at ir.restorationhardware.com.
First Quarter Highlights
Net revenues increased 8% on top of a 15% increase last year... More