New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 12, 2014
11:30 EDTRH, PIR, HVT, WSM, BBBYRestoration Hardware soars to 52-week high after raising outlook
Shares of home furnishings retailer Restoration Hardware (RH) are soaring after the company's first quarter quarter results topped analysts' consensus estimates and it raised its fiscal 2014 outlook. WHAT'S NEW: Last night, Restoration Hardware reported Q1 adjusted earnings per share of 18c and revenue of $366.3M, topping estimates of 11c and $347.73M, respectively. Q1 comparable brand revenue increased 18%. For FY14, Restoration Hardware raised its adjusted EPS view to $2.24-$2.30 from $2.14-$2.22, compared to consensus of $2.20. Its FY14 revenue outlook was raised to $1.86B-$1.89B from $1.83B-$1.86B, versus consensus of $1.85B. CEO Gary Friedman said, "While we are still in the early stages of reading the results of our 2014 Source Books, we are very pleased with the initial response to our new products, and continue to believe that the design and presentation of these new books will be transformative to our business," adding that the company believes it will be able to deliver "$4 billion to $5 billion in annual sales" once its real estate transformation is complete in North America. ANALYST REACTION: This morning, research firm RW Baird raised its price target on Restoration Hardware to $90 from $84 following the company's "beat and raise" quarter. Baird kept its Outperform rating on the stock. Another firm, Wells Fargo, thinks the stock's valuation remains attractive and raised its price target range on the shares to $85-$88 from $82-$85. It kept an Outperform rating on the shares. PRICE ACTION: In late morning trading, Restoration Hardware rose about 14% to $81.37 on nearly four times its average daily trading volume. Earlier in the session, the stock hit a fresh 52-week high of $83.75. Including today's advance, the stock is up approximately 40% over the past 12 months. OTHERS TO WATCH: Other companies in the home furnishings space include Pier 1 Imports (PIR), Haverty Furniture (HVT), Williams Sonoma (WSM), and Bed Bath & Beyond (BBBY).
News For RH;PIR;HVT;WSM;BBBY From The Last 14 Days
Check below for free stories on RH;PIR;HVT;WSM;BBBY the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
September 15, 2014
10:56 EDTRHOptions with decreasing implied volatility
Options with decreasing implied volatility: TRW ULTA GTAT FIVE RH LULU LE RAX ARCP BKS
08:12 EDTWSMWilliams-Sonoma poor Q2 optics probably temporary, says SunTrust
After meeting with Williams-Sonoma's management, SunTrust believes that the poor optics included in the company's Q2 results were probably temporary. The firm thinks that the company's market share gains are likely to continue in the near, intermediate and longer terms. It keeps a Buy rating on the shares.
September 12, 2014
11:03 EDTBBBYOptions with increasing implied volatility
Options with increasing implied volatility: ADHD VNET AVNO RAX VALE NLY EWZ BBBY SYY GGP
10:35 EDTRHOptions with decreasing implied volatility
Subscribe for More Information
September 11, 2014
12:05 EDTPIR, RHRestoration Hardware falls as company lowers FY14 revenue view
Subscribe for More Information
11:07 EDTRHOptions with decreasing implied volatility
Subscribe for More Information
10:49 EDTRHHigh option volume stocks
Subscribe for More Information
07:47 EDTRHRestoration Hardware bullish thesis remains intact, says RW Baird
Baird said its bullish thesis on Restoration Hardware remains intact despite the company's Q2 revenue shortfall. The firm cited stronger margins, late quarter revenue momentum, new product introductions, and expectations for margin expansion. Shares of Restoration Hardware are Outperform rated with a $90 price target.
06:39 EDTRHRestoration Hardware shares will bounce back today, says Jefferies
Subscribe for More Information
05:57 EDTRHStocks with implied volatility above IV index mean; AMD RH
Subscribe for More Information
September 10, 2014
18:33 EDTRHOn The Fly: After Hours Movers
Subscribe for More Information
16:22 EDTRHRestoration Hardware slips lower after results, levels to watch
Subscribe for More Information
16:14 EDTRHRestoration Hardware down 2.7% after reporting Q2 results, guidance
Subscribe for More Information
16:09 EDTRHRestoration Hardware sees FY14 adjusted EPS $2.29-$2.33, consensus $2.31
Subscribe for More Information
16:08 EDTRHRestoration Hardware sees Q3 adjusted EPS 46c-48c, consensus 43c
Subscribe for More Information
16:07 EDTRHRestoration Hardware reports Q2 adjusted EPS 67c, consensus 64c
Subscribe for More Information
15:50 EDTRHNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Restoration Hardware (RH), consensus 64c; Men's Wearhouse (MW), consensus $1.06; Five Below (FIVE), consensus 14c; Sigma Designs (SIGM), consensus (8c); Wet Seal (WTSL), consensus (9c).
14:04 EDTPIRPier 1 Imports September volatility elevated into Q2 and outlook
Pier 1 Imports September call option implied volatility is at 48, October is at 34, December is at 31; compared to its 26-week average of 34 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on September 18.
07:22 EDTRHRestoration Hardware September volatility elevated into Q2 and outlook
Subscribe for More Information
September 9, 2014
08:37 EDTRHRestoration Hardware set-up favorable into earnings, says Jefferies
Jefferies views the set-up for shares of Restoration Hardware as favorable into the company's Q2 results Wednesday night. The firm believes Restoration can top the high-end of sales guidance and that concerns around product margin are overblown. Jefferies notes that as of mid-August, the short interest in the name was 21% of the float at 7.4M shares. It believes shorting the stock into the earnings announcement would be "unwise" and keeps a Buy rating on Restoration Hardware with an $88 price target.
1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use