RH (RH) Tops Q4 EPS by 15c, FY19 EPS Guidance Misses Consensus

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RH Reports Record Fourth Quarter and Fiscal Year 2018 Results

March 28, 2019 4:23 PM EDT

CORTE MADERA, Calif.--(BUSINESS WIRE)-- RH (NYSE: RH) today announced fourth quarter and fiscal year 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.

FOURTH QUARTER 2018 HIGHLIGHTS

Q4 GAAP DILUTED EPS $1.41 vs. $0.01 LY
Q4 ADJUSTED DILUTED EPS $3.00 vs. $1.69 LY +78%

Q4 GAAP NET INCOME $36.1M vs. $0.3M LY
Q4 ADJUSTED NET INCOME $76.0M vs. $43.3M LY +76%

Q4 GAAP OPERATING MARGIN 15.4%... More