Tag Archives: Restoration Hardware

Restoration Hardware Moves from Loss to Profit in Q2

Restoration Hardware

CORTE MADERA, Calif.-With revenues climbing and expenses plummeting, Restoration Hardware posted net income of $27.3 million in its second quarter ending on Aug. 2, as opposed to its second-quarter net loss of $17.8 million last year. Net revenues gained 13.5 percent to finish the quarter at $433.8 million. This included an increase of 13 percentMore »

Last updated: September 11, 2014

Restoration Hardware: In the Black

Duke_Ratliff

Gary Friedman, Restoration Hardware’s CEO, owes me $5. Upon returning from my vacation, I found a massive, black block wrapped in plastic on my dining room table. My dogsitter had left it there with the rest of the mail. After quite a bit of effort to rip apart the wrapping, I discovered the approximately 12More »

Last updated: July 24, 2014

Restoration Hardware Debuts RH New York Gallery

The RH New York Gallery

CORTE MADERA, Calif.-Restoration Hardware has opened RH New York, its gallery in New York City’s Flatiron district. Located at 935 Broadway, the gallery has three floors and 30,000 gross square feet, three times the size of the previous gallery. It offers RH’s recently introduced 2014 furniture collections, including pieces from the RH Small Spaces SourceMore »

Last updated: June 26, 2014

Restoration Hardware Goes from Loss to Profit in Q1

Restoration Hardware Rebrands Itself as RH

CORTE MADERA, Calif.-Strong gains in revenues, especially on a comparable-brand basis, led Restoration Hardware from red ink to black ink on its bottom line for the first quarter, which ended on May 3. Net income for the quarter totaled $1.8 million, compared to a net loss of $161,000 for last year’s first quarter. Net revenuesMore »

Last updated: June 12, 2014

RH Releases Rug-Only Catalog

RH Rug Catalog

NEW YORK–RH (formerly called Restoration Hardware) is set to release its first rug-only catalog, an almost 300-page source book offering more than 3,500 handcrafted designs in a number of colorways and sizes. RH Rugs is part of a larger release of 13 source books—eight of which are inspirational and five categorical—which are being mailed toMore »

Last updated: April 29, 2014

Restoration Hardware Posts Profit, Appoints Diemoz Development Chief

Restoration Hardware

CORTE MADERA, Calif.-Substantial gains in revenues propelled Restoration Hardware to net income for both its fiscal year and fourth quarter, reversing losses in both periods from one year ago. The company also announced the appointment of a chief development officer. Net income for the quarter totaled $26.6 million, against a fourth-quarter loss of $28.4 millionMore »

Last updated: March 28, 2014

Restoration Hardware Boosts Q2 Sales 30.5 Percent

Restoration Hardware

CORTE MADERA, Calif.-In what the company described as a record second quarter, Restoration Hardware posted net sales of $382.1 million, up 30.5 percent over the second quarter of last year. The retailer reported both non-adjusted and adjusted figures for its bottom line in the quarter, which ended on Aug. 3. On a non-adjusted basis, RestorationMore »

Last updated: September 11, 2013

Friedman Reappointed Chairman, Co-CEO of Restoration Hardware

Gary Friedman

CORTE MADERA, Calif.-Gary Friedman has reassumed the roles of chairman and co-CEO of Restoration Hardware. Friedman, previously chairman emeritus, creator and curator, serves as co-CEO along with Carlos Alberini, who has been named co-CEO as well. The two men previously served as co-CEOs from June 2010, when Alberini joined Restoration Hardware, to October 2012. AtMore »

Last updated: July 3, 2013