$Restoration Hardware (RH.US)$ reported its quarterly earnings after the bell, falling short of both earnings and sales expectations.
Earnings per share came in at $2.48, missing the analyst consensus estimate of $2.65 by 6.42%.
Quarterly sales totaled $811.732 million, slightly below the analyst consensus estimate of $812.163 million, missing by 0.05%. However, this represents an 8.05% increase compared to sales of $751.225 million in the same period last year.
For Q4, RH anticipates total demand growth of 20% to 22% and revenue growth of 18% to 20%.
The company also raised its full-year guidance with total revenue growth of 6.8%-7.2%.
At 4:24 p.m. ET, the shares are up 19%.
