Shares of Restoration Hardware Holdings Inc. rallied 2.5% in after-hours trade Thursday, after the high-end home furnishings retailer's fiscal fourth-quarter profit and sales topped expectations. For the quarter ended Jan. 31, net earnings rose to $42.5 million, or $1.02 a share, from $26.6 million, or 65 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share were $1.02, beating the FactSet consensus of $1.01. Revenue increased 24% to $582.7 million, amid 24% growth in comparable brand revenue, topping the FactSet consensus of $582.5 million and 21.6%, respectively. For the fiscal first quarter, the company expects revenue of $415 million to $420 million and adj. EPS of 18 cents to 20 cents, with West Coast port issues seen shaving off $10 million to $12 million from revenue and 5 cents to 6 cents from EPS. The FactSet consensus is for revenue of $437 million and EPS of 23 cents. The stock has lost 3% year to date, while the S&P 500 has slipped 0.1%.
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