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RH Stock Sinks as Furniture Retailer Says Tariffs Hurt Results, Outlook
Investopedia· 2025-09-12 21:30
RH said its performance was hurt by "the polarizing impact of tariff uncertainty and the worst housing market in almost 50 years." A bright spot was its RH Gallery location in England, which saw demand up 76%, and online demand 34% higher. Close The company noted that because of the tariffs, it has continued to move production out of China, and was now "aggressively responding" to the 50% duties the Trump administration has slapped on imports from India, which constitutes 7% of RH's business. In addition, t ...