Restoration Hardware Holdings (RH) made its public debut on Friday, November 2nd. Shares of the innovative and fast growing luxury brand in the home furnishings marketplace ended their first day with gains of 29.6% to $31.10 per share.
The Public Offering
Restoration Hardware is an innovative and fast growing luxury brand in the furnishing marketplace. The company has achieved superior sales growth and market share gains over the past years in the differentiated home furnishing industry. The company operates 73 retail stores in the United States and Canada, and 10 more outlets as of July of this year.
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