RH Shares Plunge 17% on Earnings Miss; Nike and Lamb Weston Beat Estimates

Key Facts

RH shares plummeted 17.1% following a double miss on both earnings and revenue expectations for the fourth quarter. The luxury retailer now projects a first-quarter revenue decline of 2% to 4%, citing the continued impact of trade tariffs and adverse weather conditions that disrupted operations. In contrast, Nike managed to beat third-quarter expectations despite reporting flat revenue and facing margin compression from similar tariff pressures. Food processing giant Lamb Weston also outperformed, reporting earnings of $0.72 per share, which exceeded analyst estimates. These mixed results highlight a challenging macroeconomic environment where companies are struggling to balance rising external costs with consumer demand. Investors are closely monitoring how persistent tariffs will influence long-term profitability across the retail and consumer sectors.