1855 ET [Dow Jones]--RH could have been more conservative with its guidance if it would have known what Trump's reciprocal tariffs plan was going to be like, CEO Gary Friedman says on a call with analysts. "We gave guidance that was appropriate," Friedman says. "Maybe we would have been even more conservative had we known." The furniture company will now take time to analyze the impact of reciprocal tariffs on its operations with a long-term focus. "Welcome to a new world," Friedman says. Shares fall 25% to $185.98 in postmarket trading. (sabela.ojea@wsj.com)
(END) Dow Jones Newswires
April 02, 2025 19:00 ET (23:00 GMT)
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