Jim Cramer: Insider Buying Boosting Restoration Hardware

Restoration Hardware (RH) - Get Report has had a big move in the past month helped along by insider buying, said TheStreet's Jim Cramer. Restoration Hardware is expected to report a drop in third-quarter earnings and revenue year-over-year after Thursday's closing bell. Analysts surveyed by FactSet are forecasting adjusted earnings of $0.16 a share on revenue of $527.7 million. During the same quarter last year, the Corte Madera, CA-based luxury home furnishings retailer earned an adjusted $0.65 a share on revenue of $532.4 million. Comparable-store sales are projected to fall 12.8% during the most recent period, according to FactSet. Last year, comparable-store sales rose 7.0%.