RH (RH) Tops Q3 EPS by 57c, Offers Q4 Guidance
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RH Reports Record Third Quarter Fiscal 2019 Results
December 4, 2019 4:23 PM ESTCompany Raises Fiscal 2019 Guidance for the Fourth Time this Year
CORTE MADERA, Calif.--(BUSINESS WIRE)-- RH (NYSE: RH) today announced third quarter fiscal 2019 results. 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.
THIRD QUARTER 2019 HIGHLIGHTS
Q3 GAAP NET REVENUES INCREASED +6.4% to $677.5M
Q3 ADJUSTED NET REVENUES INCREASED +6.0% TO $676.7M
Q3 GAAP OPERATING INCOME INCREASED +111% TO $89.2M VS. $42.2M LY
Q3... More
