05:04 AM EDT, 09/12/2025 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.)

RH (RH) shares were down over 8% in recent premarket activity Friday after the company overnight reported Q2 net income and sales below market expectations, and also lowered its revenue growth outlook for fiscal 2025.

The company reported fiscal Q2 adjusted net income late Thursday of $2.93 per diluted share, up from $1.69 a year earlier.

Analysts polled by FactSet expected $3.21.

Revenue for the quarter ended Aug. 2 was $ 899.2 million, up from $829.7 million a year earlier.

Analysts polled by FactSet expected $905.4 million.

For fiscal Q3, the company expects revenue growth of 8% to 10%. Analysts polled by FactSet are looking for $902.5 million.

For fiscal 2025, the company lowered its revenue growth guidance to a range of 9% to 11% from the previous range of 10% to 13%. Analysts surveyed by FactSet expect revenue of $3.52 billion.

Price: 209.00, Change: -19.12, Percent Change: -8.38