RH Stock Sinks 28% on Earnings. CEO Doesn’t Think Trump Tariffs Will ‘Stick.’ - Barron's

1. RH shares dropped 28% after disappointing earnings report. 2. Fourth-quarter revenue of $812M missed expectations of $829M. 3. Tariff concerns add pressure to consumer discretionary spending. 4. CEO supports tariffs, believing they will benefit long-term negotiations. 5. Analysts split: TD Cowen keeps Buy rating, lowers price target to $220.