RH Stock Sinks on Lower Guidance. Is It Time to Buy the Dip or Run for the Hills?

Shares of luxury furniture company RH (NYSE: RH) sank after the company lowered its full-year guidance due to the impact of tariffs. The stock is down more than 40% for the year.Let's take a close look at the company's recent results to see whether investors should buy the dip or stay away.It's been a difficult environment for furniture companies, as a pull-forward in demand from the COVID-19 pandemic, together with low housing turnover due to high interest rates, has weighed on the industry. The implementation of tariffs only added to the industry's woes, and in late August, the Trump administration said it could tack on additional tariffs aimed specifically at the furniture industry. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool