From Yahoo Finance: 2025-06-13 10:53:00

RH stock surged over 11% on Friday after reporting a surprise profit in Q1, easing concerns about tariffs and a weak housing market. Revenue slightly missed estimates at $814 million. RH maintained a 10%-13% sales growth outlook for the year. Stock rose 20% in after-hours trading initially.

Despite positive results, RH CEO expressed challenges in reacting to shifting tariff policies. The company is heavily impacted by tariffs, with uncertainty affecting production and consumer purchases. RH expects a 6% revenue decline in Q2 due to tariffs, but sees recovery in second half. Year-to-date, stock is down 45%.

RH shifted sourcing out of China and plans to have 52% of upholstered furniture made in the US by year-end. Vendor partners absorbed tariffs, giving large firms like RH a competitive edge. Small businesses are struggling due to trade wars. RH CEO noted the impact on smaller businesses, emphasizing their advantage as a larger firm.



Read more at Yahoo Finance: RH stock rallies after company reports surprise profit amid ‘chaotic and unpredictable’ tariff environment