Restoration Hardware Holdings (RH) reported second quarter adjusted EPS of $0.85 after the close Thursday, up from $0.67 in the previous year. Analysts expected EPS of $0.84. The company expects to report third quarter adjusted EPS of $0.60 to $0.65 and between $3.06 and $3.16 for the full year. The consensus estimates are for EPS of $0.67 and $3.11. The stock is now up 0.74 on 362K shares.
Restoration Hardware fell during the first hour of trade Thursday and finished down by 1.47 at $91.06, with volume at a 3-month high. The stock closed testing the lower end of a 2-week trading range.
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