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What to Watch: Restoration Hardware Is Set to Post Earnings on Thursday

July 8, 2023
in Trade Tube
Reading Time: 1 min read
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For Thursday, June 11 TheStreet points out three companies that are scheduled to report their quarterly financial results as well as a few economic data reports to watch on Wall Street. The notable earnings for the day include Bojangles Inc (BOJA), Oculus Innovative Sciences Inc (OCLS), and Restoration Hardware Holdings Inc (RH). Bojangles gets ready to release its first quarterly earnings report since going public in early May. The chicken and biscuits chain is expected to report a profit of 15 cents per share on revenue of $114.48 million for the period, according to analysts surveyed by Thomson Reuters. TheStreet’s Jim Cramer, Portfolio Manager of the Action Alerts PLUS Charitable Trust Portfolio says the earnings report he’s watching on Thursday is his long-time favorite, Restoration Hardware. Restoration Hardware is expected to report a profit of 20 cents per share on sales of $418.97 million, according to analysts polled by Thomson Reuters. Cramer added that it’s a great three to five year story, and suggests taking a relaxed view on the stock. On the economic calendar, we note the weekly jobless claims and retail sales for the month of May. TheStreet’s Kurumi Fukushima reports in New York.

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