RH Stock Sinks as Furniture Retailer Says Tariffs Hurt Results, Outlook
1. RH's earnings missed estimates; shares fell 7% in premarket. 2. Tariff impacts led to lowered full-year revenue guidance. 3. Second-quarter adjusted EPS was $2.93, below expectations. 4. Despite challenges, online demand increased by 34%. 5. Tariff uncertainty contributing to RH's updated economic outlook.