Insight Report 3 minutes PremiumRestoration Hardware (RH) Provides A Weak 4Q Update Coresight Research February 24, 2016 Executive Summary RH reported preliminary 4Q EPS of $0.99 versus expectations of $1.39 and provided a business update. Total 4Q revenue is expected to be $647.2 million versus consensus of $711.1 million. Comps were up +9% in the quarter. Demand sales/written orders, which is the value of orders booked by customers during the period were up 21% during 4Q. Management cited three factors that had a negative effect on 4Q results: 1) shipping delays in RH Modern product, 2) weakness in markets affected by energy, oil or currency fluctuations and 3) a slowdown in spending by high-end consumers. 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: New Questions Reveal Consumers’ Economic Pessimism: US Consumer Survey Insights 2023, Week 41Market Outlook: UK Home-Improvement Retailing—Easing Market Conditions and Pent-Up Demand To Support Sales GrowthUS Dresswear Retailing: Sales To Dwindle in 2023 as Pent-Up Demand FadesWeekly US and UK Store Openings and Closures Tracker 2023, Week 3: US Closures Down 24%