RH Reports Double Miss in Q4 Earnings, CEO Cites Challenging Conditions; Stock Jumps 7.4% AH, Surges 10.4% Pre

RH, a company in the retail sector, reported disappointing Q4 results with a double miss on earnings and revenue. The CEO mentioned challenging business conditions due to interest rates and housing market. Despite this, the stock rose by 7.4% after hours. Analysts noted a negative trend in RH's performance compared to competitors like WSM, with RH now less profitable. The stock price surged by 10.4% in pre-market trading the day after the earnings report.