Luxury retailer RH is contending with a tough housing market and higher tariffs, even as it opens new stores.
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Shares of RH
jumped more than 15% in extended trading Thursday, as the company stuck by its sales forecast and said it is taking steps to offset higher costs from tariffs.
The luxury furniture retailer said it expects full-year revenue to grow by 10% to 13%.
Here’s how the company did for the three-month period that ended May 3, compared with Wall Street’s estimates, according to a survey of analysts by LSEG:
Luxury furniture retailer RH reported significant tariff hits and uncertainty with President Donald Trump's threatened furniture…
CNBC's Jim Cramer on Friday reviewed the stock of luxury home goods retailer RH.
Mike Khouw breaks down the set-up for RH.
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The company, which provides software for small businesses, also gave strong guidance for the third quarter.
