RH to Host Investor Day on November 16, 2017 as the Company Unveils RH West Palm
26 October 2017 - 7:05AM
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.
Webcast
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).
About RH
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.
Forward-Looking Statements
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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171025006321/en/
RHCammeron McLaughlin, 415-945-4998SVP, Investor Relations &
Strategycmclaughlin@rh.com
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