CORTE MADERA, Calif. (AP) — CORTE MADERA, Calif. (AP) — RH (RH) on Wednesday reported fiscal fourth-quarter profit of $13.9 million.
On a per-share basis, the Corte Madera, California-based company said it had profit of 69 cents. Earnings, adjusted for non-recurring costs, were $1.58 per share.
The results fell short of Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.91 per share.
The furniture and housewares company posted revenue of $812.4 million in the period, also missing Street forecasts. Eight analysts surveyed by Zacks expected $827.3 million.
For the year, the company reported profit of $72.4 million, or $3.62 per share. Revenue was reported as $3.18 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RH at https://www.zacks.com/ap/RH
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