Welcome to the new world, when — at least at this moment — inventory is your friend,” says the CEO of the Marin County-based seller of luxury furnishings and experiences.

Key Takeaways Shares of luxury furniture retailer RH plummeted 40% Thursday on the heels of disappointing earnings results and sweeping tariffs announced by the Trump administration.Trump's reciprocal tariffs include steep tariffs against Asian countries RH and other furniture retailers source from.

Gary Friedman said a four-letter word when he found out the luxury home furnishing company's stock fell 26% after hours.

Analysts at TD Cowen slashed its target price for the American furniture-maker amid a "higher risk business environment this year due to the uncertainty caused by tariffs, market volatility and inflation risk.

California-based luxury home goods retailer Restoration Hardware (RH) was among the biggest losers in Thursday’s stock market rout. As of 2 p.m. Eastern Tuesday, the stock was down more than 39 percent,

During RH’s quarterly earnings call with analysts, CEO Gary Friedman appeared caught off guard by the sudden market reaction.

RH (RH, Financials) shares tumbled 40% Thursday, their steepest drop ever, after new U.S. tariffs raised fears about rising costs and supply chain disruptions for the high-end fur

Even the unflappable Gary Friedman was caught off guard as the CEO watched RH’s stock dip sharply during the brand’s fourth-quarter earnings call, reacting

Shares of RH fell sharply after hours on Wednesday after the luxury furniture chain’s full-year sales outlook came in shy of expectations, amid a forecast of what it characterized as a “higher-risk business environment this year” due to tariffs,