RH (RH) Tops Q2 EPS by 74c; Raises Earnings Outlook

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Go back to RH (RH) Tops Q2 EPS by 74c; Raises Earnings Outlook

RH Reports Record Second Quarter Fiscal 2018 Results

September 4, 2018 4:09 PM EDT

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

SECOND QUARTER HIGHLIGHTS

Q2 GAAP DILUTED EPS $2.33 vs. ($0.28) LY
Q2 ADJUSTED DILUTED EPS $2.49 vs. $0.65 LY

Q2 GAAP NET INCOME $64.0M vs. ($7.9M) LY
Q2 ADJUSTED NET INCOME $67.4M vs. $19.7M LY

Q2 GAAP OPERATING MARGIN 13.3% vs. 2.0% LY
Q2 ADJUSTED OPERATING MARGIN 12.3%... More