05:11 AM EDT, 04/03/2025 (MT Newswires) -- (Updates with the latest stock move in the headline and the first paragraph.)

RH (RH) shares were down 26% in recent premarket activity Thursday after the company reported overnight fiscal Q4 earnings and sales below market expectations.

The company reported fiscal Q4 adjusted earnings late Wednesday of $1.58 per diluted share, up from $0.72 a year earlier.

Analysts polled by FactSet expected $1.92.

Net revenue for the quarter that ended Feb. 1 was $812.4 million, up from $738.3 million a year earlier.

Analysts surveyed by FactSet expected $829.6 million.

The company expects revenue growth of 12.5% to 13.5% for fiscal Q1 and 10% to 13% for fiscal 2025.