---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-009666"
form_type: "8-K"
ticker: "RH"
cik: "0001528849"
company_name: "RH"
filed_at: "2022-06-02T23:59:59+00:00"
generated_at: "2026-06-25T05:07:47.162876+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# RH reports record Q1 revenue $957M (+11% YoY); guides FY22 rev growth 0-2% amid demand softening

## Summary
- Q1 GAAP net income $201M (up 54% YoY); GAAP diluted EPS $12.16 vs $4.19; adjusted diluted EPS $7.78 vs $4.89.
- Q1 gross margin 52.1% (+480bps); adjusted operating margin 24.7% (+210bps).
- FY22 guidance: revenue 0-2% growth (vs +32% in FY21); Q2 rev down 1-3%; adj operating margin 23-24% (vs 25.6%).
- Demand softening since Ukraine invasion; company cites macro uncertainty and will shed less valuable market share.
- Board authorized additional $2.0B share repurchase (plus $450M remaining); CEO says shares undervalued.

## SEC filing metadata
- accession: 0001558370-22-009666
- form_type: 8-K
- ticker: RH
- cik: 0001528849
- company_name: RH
- filed_at: 2022-06-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1528849/000155837022009666/0001558370-22-009666-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1528849/000155837022009666/rh-20220602x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-009666
- JSON: https://secwatch.observer/filing/0001558370-22-009666.json
- Plain text: https://secwatch.observer/filing/0001558370-22-009666.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.