Luxurious home retailer, RH (RH), saw a 19.29% drop in its stock following a disappointing Q4 earnings release. Despite a 3.7% increase in revenue and a more than doubled in GAAP net income for the full year, the company warned that the next quarter is likely to worsen before it improves. However, the market more focused on the second half's guidance, which included expectations for first-quarter fiscal 2026 revenue growth of negative 2% to negative 4%, and an adjusted EBITDA margin of 5.5% to 6.5%. The company's full-year outlook still points to growth, but it was not enough to offset the weak first quarter. Despite this, RH is still selling a long-term luxury platform story.