Restoration Hardware Holdings, Inc. (NYSE:RH) Q1 2018 Earnings Conference Call - Preliminary Transcript

Jun 11, 2018 • 05:00 pm ET


Restoration Hardware Holdings, Inc. (NYSE:RH) Q1 2018 Earnings Conference Call - Preliminary Transcript


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Good afternoon. My name is Kathrin, and I'll be your conference operator today. At this time, I would like to welcome everyone to the RH First Quarter and Fiscal 2018 Q&A Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. (Operator Instructions) Thank you.

I would now like to turn the call over to our host, Cammeron McLaughlin, RH Investor Relations. Sir, you may begin your conference.

Cammeron McLaughlin

Thank you. Good afternoon everyone, thank you for joining us for RH's first quarter and fiscal 2018 Q&A conference call. Joining me today are Gary Friedman, Chairman and Chief Executive Officer; and Karen Boone, President, Chief Financial and Administrative Officer.

Before we start, I would like to remind you of our legal disclaimer that we will make certain statements today that are forward-looking within the meaning of the federal securities laws including statements about the outlook for our business and other matters referenced in our press release issued today.

These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially. Please refer to our SEC filings as well as our press release issued today for a more detailed description of the risk factors that may affect our results.

Please also note that these forward-looking statements reflect our opinions only as of the date of this call and we undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events.

Also during our call today, we may discuss non-GAAP financial measures which adjust our GAAP results to eliminate the impact of certain items. You'll also find additional information regarding these non-GAAP financial measures and a reconciliation of these non-GAAP to GAAP measures in today's financial results press release. A live broadcast of this call is also available on the investor relations section of our website at

With that, I'll turn the call over to the operator to take our first question.