Restoration Hardware still foundering financially
Home Channel News, July 3, 2000
The home furnishing and decor retailer reported a $4.3 million loss for the quarter ended April 29, compared to a $2.6 million loss for the same period a year ago. The company, whose quarterly same-store sales were off 14 percent, said it is seeking new financing to complete its plans to expand by at least 10 stores this year.
COPYRIGHT 2000 Lebhar-Friedman, Inc.
COPYRIGHT 2000 Gale Group
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