Restoration Hardware Cites Tax Charge in Loss
From the Associated Press
Restoration Hardware Inc. posted a net loss for its fiscal fourth quarter as results were weighed down by a $27.9-million tax charge.
The Corte Madera, Calif.-based retailer reported a net loss of $19.5 million, or 52 cents a share, contrasted with earnings of $10.6 million, or 28 cents, a year earlier. Sales climbed 2% to $191 million.
