Insight Report 2 minutes PremiumRestoration Hardware (RH) 1Q16 Results: Headwinds Weigh on Outlook Coresight Research June 8, 2016 Executive Summary Restoration Hardware reported adjusted 1Q16 EPS of $(0.05), below the consensus estimate of $0.05. Total revenues were $455.5 million versus consensus of $452.3 million. Comps increased by 4% versus expectations of 6.1%. Full-year guidance calls for EPS of $1.60–$1.80 versus consensus of $2.66. Revenues are expected to increase by 1%–3% versus prior guidance for an increase in the low- to mid-single-digit range. Full-year results will be impacted by costs associated with RH Modern production delays, investments aimed at elevating the customer experience, timing issues related to the transition from a promotional to a membership model, and a more aggressive approach to rationalizing SKU count and optimizing inventory. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Innovator Matrix: Web3 for RetailJanuary 2023 Monthly Consumer Update: US, UK and ChinaDiscount Decades—US Dollar and Discount Stores: Unlocking Their Potential for Future GrowthWeekly US and UK Store Openings and Closures Tracker 2023, Week 15: Closures Up in US and UK