RH: Fiscal Q2 Earnings Snapshot
CORTE MADERA, Calif. (AP) _ RH (RH) on Thursday reported fiscal second-quarter net income of $122.3 million.
On a per-share basis, the Corte Madera, California-based company said it had profit of $5.37. Earnings, adjusted for non-recurring costs, came to $8.08 per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $6.81 per share.
The furniture and housewares company posted revenue of $991.6 million in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $970.8 million.