RH Stock Plummets as Outlook Disappoints Amid 'Worst Housing Market in 50 Years'

RH Stock Plummets as Outlook Disappoints Amid 'Worst Housing Market in 50 Years'
Luxury home furnishings retailer RH faced a setback as it projected weaker growth due to challenges in the housing market. The company's shares dropped significantly in after-hours trading following the announcement of lower revenue expectations for fiscal 2026. RH cited uncertainties from tariffs as a contributing factor to the tough business environment.