Restoration Hardware is trading $144.98 (+8.12%) now after a second-quarter earnings beat.
- Second-quarter revenue reached $922.2 million, above guidance and analyst expectations.
- Adjusted EPS was $2.70 versus the $0.39 consensus, a $2.31 beat.
- Management highlighted RH Estates, backlog shipments and strategic initiatives, while reiterating full-year revenue growth guidance of 5.5%–7.0%.