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Dorchester Center, MA 02124
Rh ceo Gary Friedman Donald Trump’s Liberty Day details had a bad day before Wednesday.
Earnings for luxury furniture seller (renamed recovery devices in 2017) was disappointed, under analytical expectations. This company broke the stock price, but then in the middle of the income, Trump’s tariffs were announced, and the shares really started the crater. Friedman’s reaction was a lack of a typical CEO.
“Really?” Oh, s —. OK, “he said. I just looked at the screen. I didn’t look at him. Hit when the tariffs think of. Everyone can see in 10-K in 10-K, so it is not a secret, and we do not try to disguise everything by putting everything in an Asian scoop. “
RH CEO Gary Friedman said that the call of earnings last night, 25% of shares have been reduced. “Really? Oh, sh * t. Good.” $ RH (via @ quarrr.com)
– Carl Quintanilla (@ carlquintanilla.bsky.sosial( On April 3, 2025 at 6:27
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Rh Asia trusts in production partners, which means that some other companies can affect the tariffs. The prices of retailers are already at a premium level to intimidate customers, which intimidates customers.
In the fourth quarter of 2024, the RH, 1.58 dollars, a $ 1.92-dollar part of analysts was projected forecasted. The income also fell short of expectations.
The company is at risk of significant effects of tariffs, Fried man Stating that the Trump and his plan supported his plan, said the tariffs did not think that it would be at this level.
“Leverage is not buffing, how to win negotiations,” said Friedman. “I don’t think that these tariffs will stick completely. I think you will start playing a few cards in your hand if you are other countries.” The tariffs claimed to be “really good.”
This story was first displayed Fortune.com