RH, the luxury furniture ninja, dodges tariff kunai and sluggish housing jutsu with strategic moves, aiming for a 10-13% revenue growth. Dattebayo!
RH, the luxury furniture ninja, dodges tariff kunai and sluggish housing jutsu with strategic moves, aiming for a 10-13% revenue growth. Dattebayo!

Shares Surge! Is This My Ninja Way?!

Hey it's Naruto Uzumaki reporting for duty! Believe it! You won't believe this but RH's stock jumped more than 15%! It's like when I first learned the Rasengan – unexpected power! They're sticking to their sales forecast saying they're dodging those pesky tariff attacks. It's like trying to hit me with a kunai – good luck with that dattebayo!

Earnings Report: From Zero to Hero (Almost)!

So here's the scroll: They made 13 cents per share adjusted which is way better than the loss everyone expected! Revenue was $814 million just a tiny bit short of the $818 million predicted. But hey even the Fourth Hokage wasn't perfect on his first try right? They even had a net income of $8.04 million compared to losing money last year. Progress people progress!

Housing Market Blues: Even Hokages Face Problems!

Turns out even luxury furniture ninjas have problems! The housing market is slower than Kakashi sensei when he's 'reading' his book. And these tariffs? They're like Orochimaru's curse mark – a real pain! The CEO Gary Friedman says it's the toughest housing market in like forever. But hey we never give up right? That's my ninja way!

Tariff Jutsu: Dodging and Weaving Like a Leaf Ninja!

Remember when Trump announced those tariff hikes? It made RH's stock plummet like I do when Sakura chan punches me! But Friedman is fighting back! They're moving production out of China like evacuating villagers before a big battle. They're planning to get only 2% of their stuff from China by the end of the year compared to 16% before. Smart move dattebayo!

Made in the USA: 'Murica Rasengan!

Get this! By the end of the year RH expects over half of their comfy upholstered furniture to be made right here in the good ol' US of A! Another 21% will be made in Italy. It's like they're building a furniture army to fight off those tariffs! Now that's what I call teamwork!

Paris or Bust! A New Concept Arrives!

They're even opening stores in other countries including a fancy one in Paris! Whoa la la! The grand opening is scheduled for early September. RH will delay the launch of a new concept until spring 2026 when it hopes to have more certainty about tariffs. Even though their stocks are down about 55% this year they're still pushing forward. It's like me training to master the Rasengan – never giving up until I achieve my goal. Believe it!


Comments

  • No comments yet. Become a member to post your comments.