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

By Yahoo! Finance   |   1 week ago
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.

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