CORTE MADERA, Calif. (AP) — CORTE MADERA, Calif. (AP) — RH (RH) on Thursday reported fiscal second-quarter profit of $76.5 million.
On a per-share basis, the Corte Madera, California-based company said it had profit of $3.36. Earnings, adjusted for one-time gains and costs, came to $3.93 per share.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.63 per share.
The furniture and housewares company posted revenue of $800.5 million in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $777.9 million.
For the current quarter ending in October, RH said it expects revenue in the range of $740 million to $760 million.
The company expects full-year revenue in the range of $3.04 billion to $3.1 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RH at https://www.zacks.com/ap/RH
