RH stock plunges 40% due to poor earnings and concerns over Trump tariffs

From Yahoo Finance: 2025-04-03 17:18:00

Luxury furniture retailer RH’s shares dropped 40% after disappointing earnings and Trump administration tariffs against Asian countries. Wayfair shares fell 25% and La-Z-Boy dropped 9% in response. RH CEO Friedman acknowledged the impact of Asian sourcing on their products, highlighting the industry-wide reliance on the region.



Read more at Yahoo Finance: RH Stock Plunges 40% on Weak Earnings, Worries About Trump Tariffs. Other Furniture Stocks Fall, Too.