Restoration Hardware (RH) Reports In-Line Q1 EPS; Lowers FY17 EPS View

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RH Reports First Quarter Fiscal 2017 Financial Results

June 1, 2017 4:05 PM EDT

CORTE MADERA, Calif.--(BUSINESS WIRE)-- RH (NYSE: RH) today announced first quarter fiscal 2017 results and Chairman and Chief Executive Officer, Gary Friedman, provided an update on the Companys continued evolution and outlook.

RH leadership will host a Q&A conference call at 2:00 p.m. PT (5:00 p.m. ET) today.

First Quarter Highlights

Net revenues increased 23% on top of an 8% increase last year Comparable brand revenues increased 9% compared to a 4% increase last year... More