RH to Host Investor Day on November 16, 2017 as the Company Unveils RH West Palm
CORTE MADERA, Calif.--(BUSINESS WIRE)-- RH (NYSE: RH) today announced that Gary Friedman, Chairman and Chief Executive Officer, and the RH Leadership Team, will be presenting their transformation and growth strategy, plus plans to revolutionize physical retailing at an investor day on Thursday, November 16 at 2:00 pm EST in West Palm Beach, Florida.
The investor day will include a tour and dinner in the rooftop restaurant of the Company’s latest next generation Design Gallery, RH West Palm, opening on Sunday, November 19.
Blurring the lines between residential and retail, indoors and outdoors, home and hospitality, RH West Palm is a physical expression of the RH brand that cannot be replicated online. Prominently situated in the center of Okeechobee Boulevard, and serving as a central focal point along the city’s main artery, the four-story structure features 80,000 square feet of interior and exterior space that seamlessly integrates all of the RH businesses – Interiors, Modern, Outdoor, Baby and Child, Teen, Interior Design and Hospitality.
You realize this is no ordinary retail store when you valet park your car in front of a 14 foot high wall of falling water inspired by the famous fountain in New York’s Paley Park, and admire the dramatic installation by the renowned contemporary artist RETNA that canvases the entire eastern façade of the building with his iconic ancient text-based imagery. You can wander through 10,000 square feet of lush gardens featuring the brand’s vast collection of outdoor furniture, or navigate the three floors of interior installations while imagining the home of your dreams with one of RH’s design professionals. Dine under a soaring glass atrium in the rooftop restaurant while listening to the sound of trickling fountains. Enjoy a glass of Rose in the romantic wine vault, or order your favorite coffee drink, and pick up a pastry from the pantry and barista bar.
RH West Palm features the Company’s continued foray into hospitality with a seamlessly integrated culinary offering by celebrated restaurateur and founding president of RH Hospitality, Brendan Sodikoff, which includes the RH Rooftop Restaurant, Wine Vaults & Tasting Rooms, plus a Pantry & Barista Bar.
A live webcast of the investor day presentation and question and answer session can be accessed on Thursday, November 16 at ir.rh.com at 2:00 pm EST (11:00 am PST).
RH (NYSE: RH) is a curator of design, taste and style in the luxury lifestyle market. The Company offers collections through its retail galleries, Source Books, and online at RH.com, RHModern.com, and Waterworks.com.
This release contains forward-looking statements within the meaning of the federal securities laws, including statements related to including statements related to the customer experience when visiting RH West Palm, the presentation and layout of the RH West Palm location and the Company’s merchandise and business offerings within this location, including Interiors, Modern, Outdoor, Baby and Child, Teen, Interior Design, Hospitality, the RH Rooftop Restaurant, Wine Vaults & Tasting Rooms as well as the Pantry & Barista Bar. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate,” “estimate,” “expect,” “project,” “plan,” “intend,” “believe,” “may,” “will,” “should,” “likely” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future events. We cannot assure you that future developments affecting us will be those that we have anticipated. Important risks and uncertainties that could cause actual results to differ materially from our expectations or the assumptions set forth in this release include, among others, our ability to retain key personnel; successful implementation of our growth strategy; our ability to leverage Waterworks; uncertainties in the current performance of our business including a range of risks related to our operations as well as external economic factors; general economic conditions and the impact on consumer confidence and spending; changes in customer demand for our products; our decisions concerning the allocation of capital; decisions concerning the allocation of capital including the extent to which we repurchase additional shares of our common stock which will affect shares outstanding and EPS; factors affecting our outstanding convertible senior notes or other forms of our indebtedness; our ability to anticipate consumer preferences and buying trends, and maintaining our brand promise to customers; changes in consumer spending based on weather and other conditions beyond our control; risks related to the number of new business initiatives we are undertaking; strikes and work stoppages affecting port workers and other industries involved in the transportation of our products; our ability to obtain our products in a timely fashion or in the quantities required; our ability to employ reasonable and appropriate security measures to protect personal information that we collect; our ability to support our growth with appropriate information technology systems; risks related to “conflict minerals” compliance and its impact on sourcing, if any; risks related to the successful opening of RH West Palm and the successful implementation of the investor day as well as those risks and uncertainties disclosed under the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in RH’s most recent Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, and similar disclosures in subsequent reports filed with the SEC, which are available on our investor relations website at ir.rh.com and on the SEC website at www.sec.gov. Any forward-looking statement made by us in this press release speaks only as of the date on which we make it. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.
Cammeron McLaughlin, 415-945-4998
SVP, Investor Relations & Strategy
Released October 25, 2017