RH Reports Third Quarter Fiscal 2016 Financial Results
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Go back to RH Reports Third Quarter Fiscal 2016 Financial Results
December 9, 2016 10:21 AM EST
UBS maintained a Neutral rating on Restoration Hardware (NYSE: RH), and cut the price target to $34.00 (from $38.00), following the company's 3Q earnings report. following the company's 3Q earnings report. RH reported EPS of $0.20 exceeding the consensus estimate of $0.16. Management highlighted a soft start to the 4Q, driven by the election, a delay in getting its source book to customers, and its... More
December 9, 2016 6:17 AM EST
Cowen analyst Oliver Chen reiterated a Market Perform rating and lowered his price target on Restoration Hardware (NYSE: RH) to $30.00 (from $33.00) following weak results and outlook.
Chen commented, "Many shortfalls: sourcebook delay, aggressive SKU rationalization, and election/weakness in luxury and high-end... More
December 8, 2016 4:07 PM EST
Restoration Hardware (NYSE: RH) reported Q3 EPS of $0.20, $0.04 better than the analyst estimate of $0.16. Revenue for the quarter came in at $549 million versus the consensus estimate of $527.13 million.
Comparable brand revenues declined 6% compared to a 7% increase last... More
