secwatch.observer — SEC 8-K summary
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Issuer:     RH (RH)
CIK:        0001528849
Form:       8-K
Filed at:   2026-06-11T20:10:23+00:00
Accession:  0001104659-26-072941
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RH posts Q1 revenue $800.3M (down 1.7% YoY), net loss $13.7M, raises FY2026 outlook
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- GAAP net revenues $800.3M (-1.7% YoY); GAAP net loss $13.7M; adjusted EBITDA $56.9M (margin 7.1%).
- Backorder/special order balances ~$75M above prior year due to tariff resourcing, impacting Q1 revenue by ~$45M.
- FY2026 outlook raised: revenue growth 4.5%-8.0%, adjusted EBITDA margin 14.2%-16.0%, adj. free cash flow $300M-$400M.
- Q2 outlook: revenue growth 0.5%-2.5%, adjusted EBITDA margin 11.5%-13.0% (includes ~380bps pre-opening costs).
- Launches RH Estates, offering formerly trade-only luxury home furnishings; introduces RH Bespoke and Couture Upholstery.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528849/000110465926072941/0001104659-26-072941-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528849/000110465926072941/rh-20260611x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-072941

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer