Restoration Hardware Holdings Company Profile (NYSE:RH)

Restoration Hardware Holdings trades on the New York Stock Exchange (NYSE) under the ticker symbol "RH."

Restoration Hardware Holdings announced that its Board of Directors has approved a share buyback plan on Sunday, June 4th 2017, which allows the company to buyback $700,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 37.6% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

Restoration Hardware Holdings Inc. (NYSE:RH) posted its earnings results on Wednesday, September, 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.47 by $0.18. The business earned $615.30 million during the quarter, compared to analyst estimates of $606.38 million. The business's quarterly revenue was up 13.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.44 EPS. View Restoration Hardware Holdings' Earnings History.

Restoration Hardware Holdings is scheduled to release their next quarterly earnings announcement on Thursday, December, 14th 2017. View Earnings Estimates for Restoration Hardware Holdings.

Restoration Hardware Holdings updated its FY18 earnings guidance on Wednesday, September, 6th. The company provided earnings per share (EPS) guidance of $2.43-2.67 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.09. The company issued revenue guidance of $2.42-2.46 billion, compared to the consensus revenue estimate of $2.44 billion.Restoration Hardware Holdings also updated its Q3 guidance to $0.68-0.80 EPS.

18 brokerages have issued twelve-month price objectives for Restoration Hardware Holdings' stock. Their forecasts range from $44.00 to $95.00. On average, they anticipate Restoration Hardware Holdings' stock price to reach $66.70 in the next year. View Analyst Ratings for Restoration Hardware Holdings.

Here are some recent quotes from research analysts about Restoration Hardware Holdings stock:

• 1. Deutsche Bank AG analysts commented, "stabilized" and the company needs to convince the Street that there is room for upside. And this is exactly what happened in the earnings report when management's gross margin guidance for the bottom half of 2017 came in "well ahead of expectations." (9/26/2017)
• 2. According to Zacks Investment Research, "RH’s second-quarter fiscal 2017 earnings per share improved 47.7% from the prior-year quarter and surpassed the Zacks Consensus Estimate by 38.3%. Revenues increased 13.2%, beating the Zacks Consensus Estimate by 0.4%. Core RH Business, excluding outlet and Waterworks acquisition, increased 10% year over year. RH’s focus on executing its new business model, designing a new operating platform and maximizing cash flow by increasing revenues and earnings bode well. Adjusted operating margin expanded 30 basis points, and adjusted gross margin improved 40 basis points. The company’s efforts to redesign its supply chain network, rationalize product offerings and the Waterworks acquisition are expected to boost growth." (9/7/2017)
• 3. Guggenheim analysts commented, "Although RH announced preliminary 4Q results in late February ("RH-4Q 2016 Preliminary Results"), management plans to provide initial 2017 guidance on March 28, giving investors a first look into what we believe will represent a recovery year for the company. Importantly, despite the 21% YTD increase in RH shares (versus the S&P 500's 5% rise), we continue to view the risk/ reward as favorable given current valuation (7.4x our 2018E EBITDA) combined with our expectation for a return to 10%-plus secular EBITDA growth'a rare level of growth in today's challenging retail environment." (3/23/2017)

Some companies that are related to Restoration Hardware Holdings include Beacon Roofing Supply (BECN), Five Below (FIVE), Aaron's, (AAN), Jack In The Box (JACK), Bed Bath & Beyond (BBBY), Performance Food Group Company (PFGC), Dick's Sporting Goods (DKS), Groupon (GRPN), PriceSmart (PSMT), Urban Outfitters (URBN), Sprouts Farmers Market (SFM), Papa John's International (PZZA), American Eagle Outfitters (AEO), Sally Beauty Holdings (SBH), Big Lots (BIG), Canada Goose Holdings (GOOS), Arcos Dorados Holdings (ARCO) and Gamestop Corporation (GME).

Restoration Hardware Holdings' management team includes the folowing people:

• Gary G. Friedman, Chairman of the Board, Chief Executive Officer
• Karen Boone, Co-President, Chief Financial Officer, Chief Administrative Officer
• Eri Chaya, Co-President, Director, Chief Creative and Merchandising Officer
• Mark S. Demilio, Lead Independent Director
• Keith C. Belling, Director
• Carlos E. Alberini, Independent Director
• Hilary K. Krane, Independent Director
• Kathleen C. Mitic, Independent Director

Restoration Hardware Holdings' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include LMM LLC (10.20%). Company insiders that own Restoration Hardware Holdings stock include Carlos Alberini, Gary G Friedman, Keith Belling and Kenneth J Dunaj. View Institutional Ownership Trends for Restoration Hardware Holdings.

Shares of Restoration Hardware Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Restoration Hardware Holdings stock can currently be purchased for approximately $80.31.