** charts before earnings **
** charts after earnings **
Restoration Hardware beats by $0.02, misses on revs; guides Q4 EPS in-line, revs above consensus; Reaffirms long-term guidance :
- Reports Q3 (Oct) earnings of $0.65 per share, $0.02 better than the Capital IQ Consensus of $0.63; revenues rose 9.8% year/year to $532.4 mln vs the $540.05 mln Capital IQ Consensus.
- Comp stores increased 7% y/y.
- Co issues guidance for Q4, sees EPS of $1.37-1.42, excluding non-recurring items, vs. $1.40 Capital IQ Consensus Estimate; sees Q4 revs of $708-718 mln vs. $703.99 mln Capital IQ Consensus Estimate.
- "When we step back and consider the positive response to our two new businesses -- RH Modern and RH Teen, the outperformance in all of our next generation Design Galleries, and the exciting new real estate and businesses we have in the pipeline for 2016 and beyond, we could not be more confident in our long term goal of reaching $4 billion to $5 billion in North American revenues, mid-teens operating margins, significant free cash flow and industry-leading return on invested capital."
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