Tag Archives: Gary Friedman

Restoration Hardware: In the Black


Gary Friedman, Restoration Hardware’s CEO, owes me $5. Upon returning from my vacation, I found a massive, black block wrapped in plastic on my dining room table. My dogsitter had left it there with the rest of the mail. After quite a bit of effort to rip apart the wrapping, I discovered the approximately 12More »

Restoration Hardware Goes from Loss to Profit in Q1

Restoration Hardware Rebrands Itself as RH

CORTE MADERA, Calif.-Strong gains in revenues, especially on a comparable-brand basis, led Restoration Hardware from red ink to black ink on its bottom line for the first quarter, which ended on May 3. Net income for the quarter totaled $1.8 million, compared to a net loss of $161,000 for last year’s first quarter. Net revenuesMore »

Restoration Hardware Posts Profit, Appoints Diemoz Development Chief

Restoration Hardware

CORTE MADERA, Calif.-Substantial gains in revenues propelled Restoration Hardware to net income for both its fiscal year and fourth quarter, reversing losses in both periods from one year ago. The company also announced the appointment of a chief development officer. Net income for the quarter totaled $26.6 million, against a fourth-quarter loss of $28.4 millionMore »

Restoration Hardware Boosts Q2 Sales 30.5 Percent

Restoration Hardware

CORTE MADERA, Calif.-In what the company described as a record second quarter, Restoration Hardware posted net sales of $382.1 million, up 30.5 percent over the second quarter of last year. The retailer reported both non-adjusted and adjusted figures for its bottom line in the quarter, which ended on Aug. 3. On a non-adjusted basis, RestorationMore »

Friedman Reappointed Chairman, Co-CEO of Restoration Hardware

Gary Friedman

CORTE MADERA, Calif.-Gary Friedman has reassumed the roles of chairman and co-CEO of Restoration Hardware. Friedman, previously chairman emeritus, creator and curator, serves as co-CEO along with Carlos Alberini, who has been named co-CEO as well. The two men previously served as co-CEOs from June 2010, when Alberini joined Restoration Hardware, to October 2012. AtMore »