Restoration Hardware (RH) PT Cut to $47 at Cowen
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Competition May Underlie the Restoration Hardware (RH) Miss - Piper Jaffray
February 25, 2016 8:11 AM ESTPiper Jaffray analyst Neely Tamminga is slashing estimates on Restoration Hardware (NYSE: RH) due to the lack of visibility after the earnings miss. The PT is nearly cut in half as it drops to $48, no change to Neutral rating.
RH's provided a business update in which results are coming in well below guidance and expectations. Problems included shipping delays in its RH Modern product, underperformance in markets reliant on energy, currency fluctuations, and... More
BB&T Capital Cuts Price Target on Restoration Hardware (RH) to $70; Sights Shipping Delays for Weakness
February 25, 2016 8:02 AM ESTBB&T Capital maintained a Buy rating on Restoration Hardware (NYSE: RH), and cut the price target to $70.00 (from $120.00), following the company's preliminary 4Q earnings report. Net revenues increased 11% to $647M, but missed estimates by $70M. Management attributed the underperformance to shipping delays, as... More
Restoration Hardware (RH) Reports Preliminary Q4 Results Well Below the Street
February 24, 2016 4:14 PM ESTRestoration Hardware Holdings, Inc. (NYSE: RH) Chairman and Chief Executive Officer, Gary Friedman, today provided a business update and preliminary fourth quarter and fiscal 2015 results to shareholders.
Preliminary Fourth Quarter Results*
Demand sales/written orders increased 21% on top of 26% last year**Net revenues increased 11% to $647.2 million on top of a 24% increase last year (*** consensus is $710.9M)Comparable brand revenues increased 9% on top of a 24% increase last yearAdjusted operating... More