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 | all recent news | >>
July 17, 2014
10:00 EDTWSM, PIR, BBBYOn The Fly: Analyst Initiation Summary
Subscribe for More Information
July 16, 2014
17:25 EDTBBBYBed Bath & Beyond initiated with a Neutral at Nomura
Subscribe for More Information
17:25 EDTWSMWilliams-Sonoma initiated with a Buy at Nomura
Subscribe for More Information
17:24 EDTRHRestoration Hardware initiated with a Buy at Nomura
Subscribe for More Information
17:24 EDTPIRPier 1 Imports initiated with a Buy at Nomura
Target $22.
July 15, 2014
06:04 EDTBBBYStocks with implied volatility below IV index mean; BBBY SHPG
Subscribe for More Information
05:42 EDTBBBYBed Bath & Beyond announces planned $1.1B accelerated share repurchase
Subscribe for More Information
July 14, 2014
13:14 EDTBBBYBed Bath & Beyond may be subject of investor activism, says Wells Fargo
Subscribe for More Information
06:03 EDTBBBYStocks with implied volatility below IV index mean; BBBY SHPG
Subscribe for More Information
05:49 EDTBBBYStocks with implied volatility movement; BBBY CWH
Subscribe for More Information
July 13, 2014
15:54 EDTBBBYGameStop, TJX, Staples, three other retailers look cheap, Barron's says
Subscribe for More Information
July 11, 2014
11:17 EDTBBBYHigh option volume stocks
Subscribe for More Information
10:45 EDTBBBYBed Bath and Beyond calls active on speculation of a large investor stake
Subscribe for More Information
10:37 EDTBBBYRumor: Bed Bath & Beyond moves up on speculation of a large investor stake
Subscribe for More Information
06:00 EDTBBBYStocks with implied volatility below IV index mean; RAD BBBY
Stocks with implied volatility below IV index mean; Rite Aid (RAD) 36, Bed Bath & Beyond (BBBY) 18 according to iVolatility.
July 10, 2014
06:02 EDTBBBYStocks with implied volatility below IV index mean; PETM BBBY
Subscribe for More Information
July 9, 2014
12:38 EDTRH, WSMContainer Store issues appear company specific, says Wells Fargo
Subscribe for More Information
06:03 EDTBBBYStocks with implied volatility below IV index mean; LULU BBBY
Stocks with implied volatility below IV index mean; lululemon (LULU) 37, Bed Bath & Beyond (BBBY) 18.
July 8, 2014
07:34 EDTHVTHaverty Furniture reports Q2 revenue $175.1M, consensus $177.4M
Subscribe for More Information
06:11 EDTBBBYStocks with implied volatility below IV index mean; LULU BBBY
Subscribe for More Information
1 | 2 | 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