Core Insights - RH's shares fell 7% in premarket trading following weaker-than-expected results and lowered guidance due to tariff uncertainties [1][6] Financial Performance - For the second quarter, RH reported adjusted earnings per share of $2.93 and revenue of $899.2 million, which is an 8% year-over-year increase. However, these figures missed analyst expectations of $3.22 EPS and $904.6 million in revenue [2][6] - The company cited the "polarizing impact of tariff uncertainty" and the worst housing market in nearly 50 years as factors negatively affecting performance [2][3] Guidance and Outlook - RH revised its full-year adjusted EBITDA margin forecast to 19% to 20%, down from the previous estimate of 20% to 21%. Revenue growth is now anticipated to be between 9% to 11%, compared to the earlier estimate of 10% to 13% [3] - The company is taking steps to mitigate tariff costs, including moving production out of China and increasing operations at its North Carolina plant [3][6] Market Context - Year-to-date, RH shares have lost 42% of their value, reflecting broader market challenges and specific company issues [4]

Market Overview - U.S. stocks are near record levels, with the S&P 500 down less than 0.1% from its all-time high, the Dow Jones Industrial Average falling 273 points (0.6%), and the Nasdaq composite increasing by 0.4% [1] Federal Reserve Expectations - There are rising expectations that the Federal Reserve will cut its main interest rate for the first time this year, which could stimulate the economy and has already led to a drop in mortgage rates [2] - Recent reports suggest the U.S. job market may be stabilizing, which could convince the Fed to provide support without triggering a recession or runaway inflation [3] Inflation Outlook - Investors and analysts believe inflation is not on the verge of a surge, with a University of Michigan survey indicating consumer expectations for inflation remain steady at 4.8% for the upcoming year [5] - Long-term inflation expectations have increased slightly but remain below levels seen in April when tariffs were announced [6] Company Performance - RH (Restoration Hardware) shares fell 4.6% after reporting profits and revenues below analysts' expectations and lowering its revenue forecast due to tariff uncertainty and a weak housing market [7] - Oracle's stock dropped 5.1%, becoming the largest detractor from the S&P 500 index, although it had previously surged due to excitement over its multibillion-dollar AI contracts [7]

Shares of RH (NYSE: RH ) have been a volatile performer over the past year, losing 6% through Thursday, as the furniture retailer has faced a slow sales environment, weak housing activity, and tariff uncertainty. On Thursday after the bell, investors were remindedOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an ...

Group 1 - RH's stock has experienced volatility over the past year, with a 6% decline as of Thursday, attributed to a slow sales environment, weak housing activity, and tariff uncertainty [1] - The company operates in a challenging market, facing headwinds that impact its sales performance and overall financial health [1] Group 2 - The article emphasizes the importance of macroeconomic factors and stock-specific turnaround stories in evaluating investment opportunities [1]

The CEO of luxury furniture retailer RH turned to expletives again on an earnings call, telling analysts the industry needs to offer discounts amid a weak housing market or “f—-ing go bankrupt” https://t.co/HwQDQC2dyd ...

Core Insights - The Lovesac Company reported a second-quarter loss of $0.45 per share, which was better than the anticipated loss of $0.71 per share, while quarterly sales increased by 2.5% year-over-year to $160.53 million, slightly exceeding the forecast of $160.23 million [1][3] Financial Performance - Gross profit for the second quarter decreased by 1.9% year-over-year to $90.6 million, with gross margin declining by 260 basis points to 56.4% [3][4] - Adjusted EBITDA fell by 44.1% to $837,000, and the company reported an operating loss of $8.8 million, slightly higher than the $8.4 million loss from the previous year [4] - The cash and equivalents balance as of August 3 was $34.2 million, down from $72.1 million in the same period last year, while total merchandise inventory at the end of the quarter was $124.0 million [4] Guidance and Outlook - Lovesac revised its fiscal 2026 GAAP EPS guidance to a range of $0.52-$1.05, down from $0.80-$1.36, and below the consensus estimate of $1.04 [5] - The company narrowed its fiscal 2026 sales forecast to $710 million-$740 million, compared to the previous range of $700 million-$750 million and an estimate of $726 million [5] Market Reaction - Following the earnings report, Lovesac shares fell by 14.89% to $17.66 in premarket trading [5]

Earnings Reports - Kroger Co. is expected to report quarterly earnings of $0.99 per share on revenue of $34.10 billion [2] - Aviat Networks Inc. reported quarterly earnings of $0.83 per share, exceeding the analyst consensus estimate of $0.47 per share, with quarterly sales of $115.340 million, surpassing the estimate of $114.667 million [2] - RH is anticipated to post quarterly earnings of $3.20 per share on revenue of $904.64 million [2] - Oxford Industries Inc. reported quarterly earnings of $1.26 per share, beating the estimate of $1.18, but quarterly revenue of $403.14 million fell short of the consensus estimate of $410.850 million [2] - Adobe Inc. is expected to report quarterly earnings of $5.18 per share on revenue of $5.91 billion [2] Stock Performance - Kroger shares increased by 0.7% to $67.51 in after-hours trading [2] - Aviat Networks shares rose by 4.7% to $23.75 in after-hours trading [2] - RH shares gained 0.4% to $229.90 in after-hours trading [2] - Oxford Industries shares jumped 16.7% to $47.16 in after-hours trading [2] - Adobe shares increased by 0.4% to $351.45 in after-hours trading [2]

Core Insights - The U.S. government is investigating furniture imports, which may lead to new tariffs, with the investigation expected to conclude in 50 days [2][3] - Approximately 70% of household furniture sold in the U.S. in 2020 was imported, with significant increases in imports from Vietnam, Cambodia, Malaysia, and Indonesia [5] - The stock prices of companies like Restoration Hardware and Wayfair have been negatively impacted by the tariff news, although Wayfair claims tariffs have not significantly affected its pricing strategy [4] Industry Impact - The investigation into furniture imports is part of a broader examination of timber and lumber-related products [2] - Furniture imports from Southeast Asian countries rose to $15.4 billion in 2020, up from $4.6 billion in 2014, while imports from China have decreased [5] - Small- to medium-sized businesses (SMBs) are facing challenges due to tariffs, but recent data indicates that SMB confidence remains high, with 82% expecting to survive at least two more years [6][7][8]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Insights - Quad/Graphics, Inc. has been selected as the agency of record by Scandinavian Designs to enhance its marketing strategy and execution [1][3] - The partnership aims to grow Scandinavian Designs' e-commerce presence and modernize the furniture shopping experience [2][4] Company Overview - Scandinavian Designs is a nationwide retailer specializing in modern home furnishings, with over 50 store locations across the U.S. [2][7] - Quad is a marketing experience company that integrates creative, production, and media solutions across various channels [8][10] Strategic Collaboration - The collaboration will involve Quad's creative agency, Betty, and media agency, Rise, to provide strategic direction and analytics services [4][5] - Quad will also revive Scandinavian Designs' catalog, which was previously discontinued, to enhance consumer engagement [5][6] Market Insights - Recent research indicates that 78% of Gen Z and Millennials prefer brands that enhance physical shopping with digital touchpoints, and 65% of shoppers across generations look forward to receiving catalogs [6]