Shares of unique home furnishings retailer Restoration Hardware (NYSE: RH ) soared on Thursday, June 12, after the company reported exceptionally strong quarterly earnings and raised its guidance for the full year. Not only did the company blow away earnings estimates, but it also delivered astronomical 18% comparable-sales results on top of a whopping 39% gain in the first quarter of last year. With the share price rising over 12% upon its earnings release along with an unlikely business slowdown in the near future, should Foolish investors consider diving into Restoration Hardware shares? Motley Fool consumer goods analyst Sean O'Reilly walks viewers through the release and provides some perspective on how to view Restoration Hardware's latest results.
The war for your living room
As more and more people start "cutting the cord" on conventional media, you know cable's going away in the not too distant future. But do you know how to profit? There's $2.2 trillion out there to be had. Currently, cable grabs a big piece of it. That won't last. And when cable falters, three companies are poised to benefit. Click here for their names. Hint: They're not Netflix, Google, and Apple.