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Actionable news in RH: RESTORATION HARDWARE HOLDINGS Inc,

What to Look for When Restoration Hardware Posts Q3 Earnings

Restoration Hardware (RH) is expected to report a drop in third-quarter earnings and revenue year-over-year after Thursday's closing bell.

Analysts surveyed by FactSet are forecasting adjusted earnings of 16 cents per share on revenue of $527.7 million. During the same quarter last year, the Corte Madera, CA-based luxury home furnishings retailer earned an adjusted 65 cents per share on revenue of $532.4 million.

Comparable-store sales are projected to fall 12.8% during the most recent period, according to FactSet. Last year, comparable-store sales rose 7.0%.

Oppenheimer expects sales in the third quarter to remain soft amid...


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