Repeats to widen distribution
** Shares of luxury furniture retailer RH RH.N tumble 35.7% to $159.1
** Stock hit more than four-year low, set for worst day on record
** Co forecasts annual revenue below analysts' expectations, according to data compiled by LSEG
** "We expect a higher risk business environment this year due to the uncertainty caused by tariffs, market volatility and inflation risk" - CEO Gary Friedman
** At least eight brokerages cut price targets on the stock
** Morgan Stanley says the earnings path not playing out due to lower demand, higher costs and potential margin pain with a tariff backdrop creating lack of visibility.
** Co also misses Q4 net sales and adjusted EPS expectations
** 13 of 22 brokerages rate the stock "buy" or higher, eight "hold" and one "sell"; their median PT is $300
** Including session's move, stock has fallen 62.2% YTD
(Reporting by Ragini Mathur in Bengaluru)
((Ragini.Mathur@thomsonreuters.com;))
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