Restoration Hardware (RH) PT Raised to 'Street High' $200 at Buckingham Research

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RH Reports Record First Quarter Fiscal 2018 Results

June 11, 2018 4:05 PM EDT

CORTE MADERA, Calif.--(BUSINESS WIRE)-- RH (NYSE: RH) today announced first quarter fiscal 2018 results and Chairman & 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

Q1 GAAP DILUTED EPS $1.11 vs. ($0.09) LYQ1 ADJUSTED DILUTED EPS $1.33 vs. $0.05 LY

Q1 GAAP NET INCOME $28.1M vs. ($3.4M) LYQ1 ADJUSTED NET INCOME $33.5M vs. $1.8M LY

Q1 GAAP OPERATING MARGIN 9.6% vs. 1.2% LYQ1 ADJUSTED OPERATING MARGIN 9.6% vs. 1.5%... More