Restoration Hardware Holdings (RH) reported first quarter adjusted EPS of $0.06 after the close Thursday, which topped the consensus estimate of $0.04. The company expects to report second quarter adjusted EPS of $0.40 to $0.42 and between $1.41 and $1.47 for the full year. The consensus estimates are for EPS of $0.39 and $1.40.
Restoration Hardware has gapped open dramatically higher Friday and is now up 9.54 at $68.50. The stock has leaped to a new high.
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