Furniture retailer RH falls after annual revenue forecast
ReutersApr 2, 2025 8:40 PM
Shares of luxury furniture retailer RH RH.N down 20% to $199.44 in aftermarket trading
Co forecasts annual revenue below analysts' expectations, according to data compiled by LSEG
We expect a higher risk business environment this year due to the uncertainty caused by tariffs, market volatility
and inflation risk - CEO Gary Friedman
Co also misses Q4 net sales and adjusted EPS expectations
CEO adds that co has been operating in the worst housing market in almost 50 years
YTD, RH has fallen 36.7% as of Wednesday close
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