RH shares surged 20% after-hours as the luxury furniture maker unveiled a tariff mitigation strategy, maintained its annual sales outlook, and reported a swing to profit in Q1, with plans to sharply reduce reliance on Chinese imports by expanding US production.
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#YonhapInfomax #RH #TariffMitigation #USProduction #Q1Earnings #SalesGrowthGuidance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67401
RH Surges 20% After-Hours on Tariff Mitigation Strategy—Expands US Production
RH shares surged 20% after-hours as the luxury furniture maker unveiled a tariff mitigation strategy, maintained its annual sales outlook, and reported a swing to profit in Q1, with plans to sharply reduce reliance on Chinese imports by expanding US production.