---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-014280"
form_type: "8-K"
ticker: "RH"
cik: "0001528849"
company_name: "RH"
filed_at: "2022-09-08T23:59:59+00:00"
generated_at: "2026-06-23T12:46:35.977180+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# RH Q2 revenue $992M flat YoY, adj EPS $8.08; Q3 revenue outlook -15% to -18%

## Summary
- GAAP net income $122M ($5.37 diluted EPS) vs $227M ($7.09) last year; adjusted net income $217M ($8.08) vs $252M ($8.48).
- Adjusted operating margin 24.7% (down 190 bps); gross margin expanded 350 bps to 52.8% on pricing discipline.
- Q3 net revenue guidance -15% to -18%; FY 2022 revenue -3.5% to -5.5%, adjusted operating margin 21-21.5%.
- Repurchased 1M shares at ~$255 and $57M convertible notes for $82M cash in Q2.
- RH England delayed to Spring 2023; RH Palo Alto to Q1 2023 amid macro headwinds.

## SEC filing metadata
- accession: 0001558370-22-014280
- form_type: 8-K
- ticker: RH
- cik: 0001528849
- company_name: RH
- filed_at: 2022-09-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1528849/000155837022014280/0001558370-22-014280-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1528849/000155837022014280/rh-20220908x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-014280
- JSON: https://secwatch.observer/filing/0001558370-22-014280.json
- Plain text: https://secwatch.observer/filing/0001558370-22-014280.txt

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