div > div.group > p:first-child"> Late Thursday, RH posted its fiscal fourth-quarter results, which were mixed as revenue fell short of expectations.
RH said it will continue to reshape the company and promote it as a high-end lifestyle brand, saying"Leaders have to comfortable making others uncomfortable." RH also noted disappointing fourth-quarter results of Waterworks, the luxury kitchen and bath brand RH acquired in 2016. Its performance forced RH to take additional impairment charges.
Revenue, however, inched up only slightly to $670.9 million from $670.3 million a year ago, and was below estimates of $686.3 million.
Pays too much for the stupid catalog that weighs a thousand pounds
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