RH Struggles Amid Tariff Headwinds

30 days ago

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"Well, that's where I'm going right now, because it was the worst performer in the S&P 500, down 2.9% today. The company did report after the bell yesterday a mixed fourth quarter, including adjusted earnings per share in comp sales that excluded gas and FX that came in ahead of expectations. But analysts had high expectations. They said that the premium valuation versus its peers contributed to high expectations going into this print. Shares down today by about 2.9%... RH, they operate the restoration hardware chain of stores. Shares of furniture retailers, including RH, tumbled today. This is after President Trump announced the U.S. will enact new tariffs on imported kitchen cabinets, bathroom vanities, and other home products next week. RH, with the outspoken CEO, has already declined 46% this year."

Restoration Hardware (RH) is under pressure, down 2.9% in the recent session and 46% year-to-date, as new U.S. tariffs on imported home products add to existing challenges. The mixed Q4 report further intensifies concerns about its premium valuation relative to peers.

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