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Benzinga
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RH Stock Plunges After Q2 Earnings Disappoint: Here's What To Know

1. RH's Q2 earnings missed estimates at $2.93 per share. 2. Quarterly revenue also fell short at $899.15 million. 3. CEO noted strong demand growth despite housing market challenges. 4. Fiscal 2025 revenue outlook adjusted downward to $3.46-3.53 billion. 5. Stock dropped by 12.8% after earnings release.

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FAQ

Why Bearish?

RH missed earnings and revenue estimates, leading to a significant stock drop.

How important is it?

Earnings miss is significant; affects investor confidence and stock valuation.

Why Short Term?

Immediate negative sentiment from missed estimates likely to affect stock performance soon.

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