DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!RH's Rough Patch: Tariffs and Housing Woes Hit Hard
RH's Rough Patch: Tariffs and Housing Woes Hit Hard

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

Update: 2025-09-12
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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.

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

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