Top Rising Companies To Watch In Right Now: Restoration Hardware Holdings Inc (RH)
Restoration Hardware Holdings, Inc. (Restoration Hardware Holdings), incorporated on August 18, 2011, is a holding company. The Company is merchants of home furnishings. Restoration Hardware Holdings offers merchandise assortments across a number of categories, including furniture, lighting, textiles, bath ware, decor, outdoor, garden, and baby and child products. The Companys business is integrated across its multiple channels of distribution, consists of its stores, catalogs and Websites. As of July 28, 2012, the Companys operated a total of 73 retail stores, consisted of 71 Galleries and two full line Design Galleries, and 10 outlet stores throughout the United States and Canada. RH is a brand in the home furnishings. During the fiscal year ended January 28, 2012 (fiscal 2011), the Company opened five stores and closed 22 stores. In fiscal 2011, the Company distributed approximately 26.1 million catalogs, and its Websites logged over 14.3 million visits.
Restoration Hardware Holdings operates a Website for its Baby & Child brand at www.rhbabyandchild.com. The Company opened its two full line Design Galleries in Los Angeles in, June 2011 and Houston in November 2011. In May 2011, the Company launched catalog applications for Apples iPad and iPhone that enable customers to view and purchase its product assortment. Restoration Hardware Holdings operates three store types: the Company's full line Design Gallery format, approximately between 22,000 and 28,000 gross square feet; its Gallery format of approximately 7,000-15,000 gross square feet, and its Baby & Child Gallery format of approximately 2,000-3,000 gross square feet.
Advisors' Opinion:- [By Lisa Levin]
Restoration Hardware Holdings (NYSE: RH) shares moved up 12.82% to $80.50. The volume of Restoration Hardware shares traded was 1093% higher than normal. Restoration Hardware reported stronger-than-expected fir! st-quarter earnings. The company's adjusted earnings came in at $0.18 per share, topping analysts' expectations of $0.11 per share.
- [By Lisa Levin]
Home Furnishing Stores: The industry gained 1.78% by 10:25 am. The top performer in this industry was Restoration Hardware Holdings (NYSE: RH), which gained 13.5%. Restoration Hardware reported stronger-than-expected first-quarter earnings. The company's adjusted earnings came in at $0.18 per share, topping analysts' expectations of $0.11 per share.
- [By Teresa Rivas]
Other home furnishings retailers, including Bed, Bath & Beyond (BBBY), Restoration Hardware (RH) and Kirklands (KIRK) were trading down in afternoon trading.
source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-rising-companies-to-watch-in-right-now.html
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