Down 40% in 1 Day, Is It Time to Buy RH Stock on the Dip?
Luxury furniture company RH (RH -2.72%) picked a bad day to report earnings, with its shares plunging 40% the following session as it coincided with President Donald Trump's "Liberation Day" tariff announcements. The stock continued to tumble the next day after China announced retaliatory tariffs and is now down more than 60% year to date, and it's only April.Let's take a close look at the company's recent results to see whether it's time to scoop up shares.A tough market for furnitureOn RH's fiscal fourth ...