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-0.00137978613314933 -0.00215591583304588 -0.00051741979993103 0.00422559503276988 0.00983097619868921 0.0134529147982063 0.021904104863746 0.0300965850293204
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RH stock surges 25% after raised guidance and comment on China tariff mitigation [MarketWatch]

RH (RH)  More Company Research Source: MarketWatch
Last rh earnings: 6/12 04:11 pm Check Earnings Report
US:NYSE Investor Relations: ir.restorationhardware.com/investor-overview
PDF RH stock surges 25% after raised guidance and comment on China tariff mitigation Shares of RH RH, +1.76% the retail chain formerly known as Restoration Hardware, rampaged in the extended session Wednesday, rising nearly 25% after the company issued strong full-year guidance and said it was avoiding issues with tariffs related to the U.S.-China trade dispute. The company reported fiscal first-quarter net income of $35.7 million, or $1.43 a share, compared with $25.5 million, or $1.01 a share, in the year-ago period. Adjusted for items such as asset impairment, and recall accrual, among other items earnings were $1.85 a share. Revenue rose to $598.4 million from $557.4 million in the year-ago period. Analysts surveyed by FactSet had estimated adjusted earnings of $1.53 a share on revenue of $584 million. For the fiscal second quarter, analysts model earnings of $2.17 a share on sales of $660 million. The company said it was raising its fiscal 2019 guidance: it now expects full-year a [Read more]

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