RH Stock Sinks on Lower Guidance. Is It Time to Buy the Dip or Run for the Hills?

Tariffs troubles are impacting the company.Shares of luxury furniture company RH (RH 3.46%) sank after the company lowered its full-year guidance due to the impact of tariffs. The stock is down more than 40% for the year.Let's take a close look at the company's recent results to see whether investors should buy the dip or stay away.Tariff troublesIt's been a difficult environment for furniture companies, as a pull-forward in demand from the COVID-19 pandemic, together with low housing turnover due to high i ...