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Benzinga
Benzinga
Business
Adam Eckert

Why RH Stock Is Sliding After Hours

RH Gary Friedman

RH (NYSE:RH) shares are trading lower in Thursday's after-hours session after the company reported financial results and issued weak guidance.

RH said first-quarter revenue increased 11% year-over-year to $957.29 million, which beat the estimate of $924.81 million, according to data from Benzinga Pro. The company reported quarterly earnings of $7.78 per share, which beat the estimate of $5.38 per share. 

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