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Benzinga
Benzinga
Business
Adam Eckert

Why RH Stock Is Falling After Hours

RH

RH (NYSE:RH) shares are sliding in Wednesday's after-hours session after the company updated its fiscal 2022 outlook.

"The deteriorating macro-economic environment has resulted in lower than expected demand since our prior forecast, and we are updating our outlook, particularly for the second half of the year," said Gary Friedman, chairman and CEO of RH.

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