Shares of luxury furniture retailer RH dropped slightly after missing revenue expectations in Q2 earnings report and reducing full-year revenue outlook. The company cited a $30 million tariff impact, lowering full-year revenue growth to 9-11%. Delayed Fall Interiors Sourcebook release due to tariff pricing uncertainty. CEO Friedman highlighted challenges in facing potential new furniture tariffs by President Trump. RH continues to shift operations out of China amid ongoing tariff uncertainties.

Read more at CNBC: RH (RH) Q2 2025 earnings