Chico's Reports Net Sales Increase; Restoration Hardware Posts Net Loss

Share this content:
Restoration Hardware Inc.'s direct-to-consumer sales jumped 50 percent during the first quarter ended April 30, the Corte Madera, CA-based multichannel retailer of products for the home reported yesterday.


However, Restoration Hardware generated a net loss of $3.1 million in the first quarter compared to a net loss of $3.9 million last year.


Also, the company said net revenue totaled $117.5 million in the first quarter, a 19 percent gain over the previous year. Same-store sales rose 5 percent during the period.


The company also announced yesterday that it is exploring the launch of a new brand that will be tested with a catalog in the fall of 2006 or the spring of 2007.


Also reporting first-quarter results yesterday was Chico's FAS Inc., which said its net sales rose 27.4 percent during the 13-week period ended April 30, totaling $327 million.


The Fort Myers, FL-based multichannel apparel retailer's same-store performance increased 10.8 percent during the quarter.


Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above