RH Says Additional China Tariffs Won't Impact Financial Results
RH "expects no impact to Fiscal 2019 or Fiscal 2020 financial results from the tariffs imposed on current and new product categories imported from China effective September 1st, 2019, October 1st, 2019 and December 15th, 2019," the luxury furniture company…
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said in an Aug. 29 news release. "The Company expects the impact from the increased tariffs will be offset by vendor price reductions and minor price increases," it said.