Here's Why RH (RH) Fell More Than Broader Market

RH (RH) ended trading down 3.13%, underperforming the broader market. The furniture and housewares company faces significant headwinds with expected EPS declining 85.67% quarter-over-quarter, though revenue is projected to grow modestly by 1.67%. For the full fiscal year, earnings are expected to fall 18.92% while revenue grows 5.26%. The stock carries a Zacks Rank of #3 (Hold) with a Forward P/E of 29.25, trading at a premium to its industry average of 18.96.