Tag: $RH

RH Stock Drops 7.8% on Expected Hit to 3Q Sales, Pressured Luxury Housing Market

Shares of RH dropped 7.8% to $340 on Thursday in post-market trading after the company guided for lower-than-expected revenue in the third quarter.

‘We were arrogant’: RH’s CEO says he raised already expensive furniture prices too much on shoppers

Another earnings cycle brings another blunt call-out by outspoken furniture-hawking CEO Gary Friedman.