Shares of RH jump as luxury retailer takes steps to blunt tariff impact
Shares of RH jumped more than 15% in extended trading Thursday, as the company stuck by its sales forecast and said it is taking steps to offset higher costs from tariffs. The luxury furniture retailer said it expects full-year revenue to grow by 10% to 13%.Here's how the company did for the three-month period that ended May 3, compared with Wall Street's estimates, according to a survey of analysts by LSEG:Earnings per share: 13 cents adjusted vs. a loss of 9 cents expectedRevenue: $814 million vs. $818 ex ...