RH (RH) said Friday it faces no greater tariff-related risk than other premium furniture retailers as it has moved most of its production out of China to Vietnam and its North Carolina facility.
The company said resourcing to Vietnam resulted in better than pre-tariff landed China pricing and that a possible agreement between the US and Vietnam to bring down tariffs would be accretive to its margins.
RH introduced a fiscal 2025 free cash flow forecast of $250 million to $350 million.