– RH earned an adjusted $1.85 per share for its first quarter, beating the consensus estimate of $1.55 a share. The Restoration Hardware parent's revenue came in above expectations and the luxury home furnishings retailer also raised its full-year forecast.
RH said it had selectively raised prices to mitigate the impact of higher China tariffs.– Oxford reported adjusted fiscal first quarter profit of $1.30 per share, 9 cents a share above estimates. The home furnishings retailer's revenue came in above estimates as well. Like RH, Oxford plans to raise prices selectively to deal with the impact of China tariffs.
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