RH's Rough Patch: Tariffs and Housing Woes Hit Hard

Markets & Money Today | 2 Min News | The Daily News Now! - En podkast av The Daily News Now! - Søndager

Kategorier:

RH, the luxury furniture company, stumbled as tariffs and a weak housing market tanked profits, missing Wall Street estimates and causing shares to plummet. Despite some international success, the company slashed its outlook for the year, battling rising costs by shifting manufacturing away from China while also facing new tariffs from India. The future remains uncertain as RH braces for continued economic headwinds. Hosted on Acast. See acast.com/privacy for more information.

Visit the podcast's native language site