Is Investing in Restoration Hardware Post-Earnings a Good Idea?
Shares of unique home furnishings retailer Restoration Hardware soared on Thursday, June 12, after the company reported exceptionally strong quarterly earnings and raised its guidance for the full year. Not only did the company blow away earnings estimates, but it also delivered astronomical 18% comparable-sales results on top of a whopping 39% gain in the first quarter of last year. With the share price rising over 12% upon its earnings release along with an unlikely business slowdown in the near future, should Foolish investors consider diving into Restoration Hardware shares? Motley Fool consumer goods analyst Sean O'Reilly walks viewers through the release and provides some perspective on how to view Restoration Hardware's latest results.
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The article Is Investing in Restoration Hardware Post-Earnings a Good Idea? originally appeared on Fool.com.Sean O'Reilly has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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