CORTE MADERA, Calif. (AP) 鈥� CORTE MADERA, Calif. (AP) 鈥� RH (RH) on Thursday reported a loss of $13.7 million in its fiscal first quarter.
The Corte Madera, California-based company said it had a loss of 73 cents per share. Losses, adjusted for non-recurring gains, were $1.97 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $2.13 per share.
The furniture and housewares company posted revenue of $800.3 million in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $791.6 million.
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