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Fortune

Chris Morris

'Oh really? Oh s---.' CEO reacts live to tariff-based stock plunge on earnings call

Gary Friedman RH Restoration Hardware Donald Trump

(Credit: Jeff Schear/Getty Images for Restoration Hardware)

The CEO of RH was caught off guard by the impact of tariffs on his company's stock. On an earnings call, Gary Friedman expressed shock at the amount shares fell. RH is particularly exposed to tariffs, as it sources much of its product from Asia.

RH CEO Gary Friedman was already having a bad day Wednesday before details of Donald Trump's Liberation Day were announced.

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Top stories on inkl right now

The Latest: Isaias weakens after making landfall as Category 2 hurricane

Isaias weakened quickly after making landfall on the U.S. Gulf Coast near Destin, Florida, as a Category 2 hurricane Friday evening

The Independent UK

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Trump's Medicaid cuts strip refugees and other legal immigrants of their health coverage

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

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