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RH's stock plunges after reporting weaker earnings, citing a tough housing market and tariffs.
RH, a luxury home furnishings retailer, saw its stock drop significantly after reporting weaker-than-expected earnings and outlook, citing a challenging housing market and tariffs.
The company's Q4 revenue rose 10% to $812.4 million but missed analyst estimates.
RH now expects 10-13% revenue growth in fiscal 2026, below market expectations.
Despite the downturn, analysts still forecast a 14.5% revenue growth for the next 12 months.
3 weeks ago
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