More on Restoration Hardware's (RH) Q1: Revenue and comps growth come in at 38% and 41%...

|About: Restoration Hardware (RH)|By:, SA News Editor

More on Restoration Hardware's (RH) Q1: Revenue and comps growth come in at 38% and 41% respectively. CEO Carlos Alberini says the company is being offered lease terms "that are typically available only to anchor tenants in several of the most prestigious shopping centers in North America," with should drive ROIC going forward. RH also announces two new businesses, RH Kitchen and Tableware and RH Antiquities. To top it off, the company raises its FY13 guidance to $1.41-1.47/share on revenue growth of 23-27%, consensus is for $1.40/share. For good measure, RH guides ahead of Q2 EPS estimates as well. Shares +11% AH. (PR)