This Luxury CEO Just Said "Big Inflation" Is Coming Because of Trump Tariffs and Half His Industry Could Get "Wiped Out." But Could the Turmoil Be an Investment Opportunity?

Never one to mince words, RH (NYSE: RH) CEO Gary Friedman laid out a dire scenario for the furniture industry on the company's earnings call last week. The CEO also had particularly strong words for the Trump Administration.Already having missed revenue and earnings estimates because of baseline and "reciprocal" tariffs implemented by the Trump Administration this year, there is now also the prospect of new furniture-specific tariffs on the horizon. RH's results and outlook reflected the existing tariff headwinds, while Friedman laid out how things could go from bad to worse... but also how RH could ultimately benefit from the industry turmoil.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool