RH Stock Sinks as Furniture Retailer Says Tariffs Hurt Results, Outlook
Key Takeaways RH reported earnings and revenue that missed estimates as it was hurt by U.S. tariffs. The upscale furniture and home accessories retailer also lowered its full-year guidance. RH said it is taking steps to try to mitigate the impact of tariff costs. Shares of RH (RH) sank 7% in premarket trading Friday, a…