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Actionable news in RH: RESTORATION HARDWARE HOLDINGS Inc,

Restoration Hardware shares plunge as company warns of slower holiday sales

Shares of Restoration Hardware Holdings Inc. RH, +2.77% tanked nearly 20% late Thursday after the home furnishings retailer beat third-quarter earnings expectations but lowered its outlook for the fourth quarter on slower holiday sales and a later-than-planned launch for its catalog. The Corte Madera, Calif., company said it earned $2.5 million, or 6 cents a share, in the quarter, compared to $20.7 million, or 49...


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