RH Posts Downbeat Earnings, Joins Apple, Tesla, Nvidia And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Benzinga
2025.04.03 12:24
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U.S. stock futures fell sharply, with Dow futures down over 1,000 points. RH reported disappointing fourth-quarter results, with revenue of $812.41 million and adjusted earnings of $1.58 per share, both missing estimates. RH shares dropped 26.6% to $182.97 in pre-market trading. Other notable declines included AdvanSix (-29%), Hamilton Beach (-24.7%), and lululemon (-13%). Major stocks like Apple, Tesla, and NVIDIA also saw declines, with Apple down 7.4% despite a maintained Strong Buy rating from Tigress Financial.