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.

U.S. stock futures were lower this morning, with the Dow futures falling more than 1,000 points on Thursday.

Shares of RH RH fell sharply in today's pre-market trading after the company reported weaker-than-expected fourth-quarter financial results.

RH reported fourth-quarter revenue of $812.41 million, missing the consensus estimate of $829.56 million, according to Benzinga Pro. The luxury retailer reported fourth-quarter adjusted earnings of $1.58 per share, missing analyst estimates of $1.92 per share.

RH shares dipped 26.6% to $182.97 in the pre-market trading session.

Here are some other stocks moving lower in pre-market trading.

  • AdvanSix Inc. ASIX dipped 29% to $16.00 in pre-market trading.
  • Hamilton Beach Brands Holding Company HBB fell 24.7% to $15.01 in pre-market trading.
  • Waton Financial Limited WTF shares dipped 20.3% to $5.60 in pre-market trading following a 65% decline on Wednesday. Waton Financial announced the closing of initial public offering with simultaneous full exercise of the over-allotment option.
  • RxSight, Inc. RXST shares fell 19.2% to $21.00 in pre-market trading after the company announced preliminary first quarter revenue and revised 2025 guidance.
  • Franklin Covey Co. FC shares tumbled 14.4% to $23.87 in pre-market trading following weak quarterly sales.
  • lululemon athletica inc. LULU fell 13% to $246.00 in pre-market trading.
  • The Gap, Inc. GAP fell 12.6% to $19.57 in pre-market trading.
  • NIKE, Inc. NKE dipped 11.6% to $57.44 in pre-market trading.
  • Thryv Holdings, Inc. THRY dipped 10.1% to $11.79 in pre-market trading.
  • BrightView Holdings, Inc. BV dipped 8.3% to $12.23 in pre-market trading.
  • Apple Inc. AAPL fell 7.4% to $207.25 in pre-market trading. Tigress Financial analyst Ivan Feinseth maintained Apple with a Strong Buy and raised the price target from $295 to $300.
  • CNB Financial Corporation CCNE fell 6.8% to $20.97 in pre-market trading.
  • Tesla, Inc. TSLA fell 5.7% to $266.66 in pre-market trading after gaining over 5% on Wednesday.
  • NVIDIA Corporation NVDA dipped 5.3% to $104.56 in pre-market trading.

Now Read This:

  • Acuity, RH And 3 Stocks To Watch Heading Into Thursday

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