Restoration Hardware Q3 Beats Street, Lowers Full-Year Guidance

Restoration Hardware reported adjusted earnings of $0.20 a share, beating Wall Street's projection of $0.16. But it is lowering its full year guidance.
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Restoration Hardware (RH) - Get Report reported adjusted earnings of $0.20 a share, beating Wall Street's projection of $0.16. Revenue came in at $549 million compared with analysts' estimate of $528 million. The company lowered its guidance, however, and now sees full-year adjusted earnings in a range of $1.19 to $1.29, down from $1.60 to $1.80.