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2001 Review: Restoration Hardware Shakes Off the Dust

 

Former down-and-out Internet outfits aren't the only stocks to do surprisingly well this year. A year after nearly landing on the junk heap, Restoration Hardware (RSTO Quote) is again showing some polish.

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Restoration Hardware Shakes Off the Dust

Upscale home-decor chains have surged since the Sept. 11 terrorist attacks, as recession-struck Americans refocus their spending on home and hearth. But none has risen as much as Restoration Hardware, whose shares are up nearly 700%. In addition to benefiting from the cocooning trend, Restoration Hardware has struck a chord with its old-school record players and retro cocktail shakers. ...

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