- Restoration Hardware (NYSE:RH) shares are down 2% AH after the company's Q2 beat.
- Comparable store sales grew 26% Y/Y in Q2, compared to 31% in Q2 2012. The company operated 70 retail stores as of Aug. 3, compared to 73 at the end of Q2 2012.
- Adjusted EBITDA shot up 42% Y/Y to $40.8M. Including one-time stock-based compensation charges and costs related to follow-on offerings, EBITDA was -$21.2M.
- Management guides for FQ3 revenue of $385M-$395M (consensus of $364.7M) and EPS of $0.27-$0.29 (consensus of $0.16), FQ4 revenue of $490M-$500M ($481.5M) and EPS of $0.81-$0.84 ($0.83), and full year revenue of $1.56B-$1.58B ($1.52B) and EPS of $1.65-$1.70 ($1.48).
- Conference call at 5pm ET