Entrance of the Restoration Hardware store in the Meatpacking District of New York.
RH – Shares of RH surged about 15.7% after the retailer’s first-quarter financial results beat Wall Street expectations. The home furnisher, known formerly as Restoration Hardware, reported adjusted earnings of $4.89 per share on revenue of $861 million. Analysts were expecting adjusted earnings of $4.10 per share on revenue of $758 million, according to Refinitiv. RH also raised its full-year outlook.
Signet Jewelers – Signet shares jumped nearly 14% after the company’s first-quarter earnings topped analysts’ projections. The jeweler reported adjusted earnings of $2.23 per share, compared…