Industry Eye: Catalogers’ Updates & Financial Briefs

Restoration Hardware: The furniture cataloger/retailer’s net revenue for the quarter ended May 5 increased 7 percent to $142.1 million from $133.4 million last year. An $11.9 million loss from operations was attributed to a shortfall in revenue from the second mailing of the company’s outdoor catalog, lower gross margins due to a greater mix of promotional selling, and growth and supply chain investments during the first quarter of 2007.