Restoration Hardware Nails Q3 With 78% Jump in Direct Sales
The Corte Madera, CA, multichannel marketer of items for the home also reported that net revenue increased 23 percent in the quarter to $118.2 million. Same-store sales rose 8.7 percent.
For the nine months ended Oct. 30, net revenue was $338 million, a 24 percent increase over the year-ago period. Same-store sales rose 9 percent in this period while direct-to-consumer sales gained 91 percent.