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Stock impact report

‘Oh really? Oh s—.' CEO reacts live to tariff-based stock plunge on earnings call [Yahoo! Finance]

RH (RH) 
Last rh earnings: 3/30 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
RH is particularly exposed to tariffs, as it sources much of its product from Asia. RH CEO Gary Friedman was already having a bad day Wednesday before details of Donald Trump's Liberation Day were announced. Earnings for the luxury-furniture retailer (which changed its name from Restoration Hardware in 2017) were disappointing, coming in well below analyst expectations. That hurt the company's share price, but then, in the middle of the earnings call, Trump's tariffs were announced—and shares really began to crater. Friedman's reaction was not that of a typical CEO. "Oh really? “Oh, s---. OK," he said. "I just looked at the screen. I hadn't looked at it. It got hit when I think the tariffs came out. And everybody can see in our 10-K where we're Read more
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