Buckingham Research Upgrades Restoration Hardware (RH) to Buy

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RH Reports Second Quarter Fiscal 2017 Financial Results

September 6, 2017 4:05 PM EDT

Company Raises Fiscal 2017 Revenue and Earnings Guidance

CORTE MADERA, Calif.--(BUSINESS WIRE)-- RH (NYSE: RH) today announced second 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.

Second Quarter Highlights and Outlook

GAAP net revenues increased 13% on top of a 7% increase last year Adjusted net revenue increased... More