Restoration Hardware reported fourth quarter financial results after the bell on Thursday. Earnings per share came in at $1.02, barely eclipsing Wall Street’s forecasts of $1.01. The company’s revenue of $582.7 million fell short of the $582.9 million analysts expected. As for guidance, the retailer said its first quarter of fiscal 2015 will see net revenues ranging from $415 million to $420 million, which includes a $10-12 million charge amid a backlog of goods stemming from the West Coast port labor dispute, where productivity at the port halted. Shares of Restoration Hardware ended Thursday’s trading day up about 1% at $93.14 per share and even higher in after hours trading. The stock is down almost 3% since the start of the year. TheStreet’s Scott Gamm has details from New York.
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