Upscale home furnishings

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Why RH Stock Plummeted 22% in April
The Motley Foolยท 2025-05-02 10:46
RH (RH 0.74%) stock fell 22% in April, according to data provided by S&P Global Market Intelligence. It announced earnings, including a major miss on earnings per share (EPS), on the day of President Donald Trump's new tariff program announcement, and the combined blow led to a massive plunge in the stock price.Progress and setbacksRH has been hit hard in the high interest rate environment and inflationary climate, like most retailers. It sells upscale home furnishings through a network of physical stores, ...