Furniture retailer RH falls after annual revenue forecast

RH

02/04/2025 21:40

** Shares of luxury furniture retailer RH RH.N down 20% to $199.44 in aftermarket trading

** Co forecasts annual revenue below analysts' expectations, according to data compiled by LSEG

** We expect a higher risk business environment this year due to the uncertainty caused by tariffs, market volatility
and inflation risk - CEO Gary Friedman

** Co also misses Q4 net sales and adjusted EPS expectations

** CEO adds that co has been operating in the worst housing market in almost 50 years

** YTD, RH has fallen 36.7% as of Wednesday close

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))