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Benzinga
Benzinga
Business
Avi Kapoor

EXPLAINED: Rh analysts slash their forecasts following downbeat q2 results | Vintage Vibes

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RH (NYSE:RH) posted weaker-than-expected second-quarter results after Thursday's closing bell.

RH reported quarterly earnings of $2.93 per share, which fell short of the analyst estimate of $3.20. Quarterly revenue came in at $899.15 million, which missed the Street estimate of $904.64 million.

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