06-09-2017 22:30 via feedproxy.google.com

Restoration Hardware explodes more than 30% after crushing earnings and raising guidance (RH)

Restoration Hardware on Wednesday announced a forecast for third-quarter and full year adjusted earnings that flew past its previous expectations, sending its shares sharply higher in extended trading. 
The high-end furniture retailer said it saw third-quarter earnings in a range of $0.68 to $0.80, beating the forecast for $0.38 according to Bloomberg. 
For the full-year, RH said it sees earnings of $2.43 to $2.67, handily beating its previous estimate of $1.67
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