---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-018482"
form_type: "8-K"
ticker: "RH"
cik: "0001528849"
company_name: "RH"
filed_at: "2022-12-08T23:59:59+00:00"
generated_at: "2026-06-21T07:29:52.480041+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# RH Q3 revenue $869M (-14% YoY); adj. EPS $5.67 vs $7.03; FY22 outlook improved

## Summary
- Q3 GAAP net revenue $869M (vs $1,006M LY); GAAP net income $99M vs $184M LY.
- Q3 adjusted diluted EPS $5.67 (vs $7.03 LY); adjusted operating margin 20.8% (down from 27.7%).
- FY2022 revenue growth outlook improved to -3.5% to -4.5%; adjusted operating margin raised to 21.5%-22.0%.
- Acquired Dmitriy & Co (custom upholstery) and Jeup Inc. (bespoke furniture); hired Margaret Russell for RH Media.
- Generated $102M adjusted free cash flow; cash $2.15B, net debt $375M.

## SEC filing metadata
- accession: 0001558370-22-018482
- form_type: 8-K
- ticker: RH
- cik: 0001528849
- company_name: RH
- filed_at: 2022-12-08T23:59:59+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/1528849/000155837022018482/0001558370-22-018482-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1528849/000155837022018482/rh-20221208x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-018482
- JSON: https://secwatch.observer/filing/0001558370-22-018482.json
- Plain text: https://secwatch.observer/filing/0001558370-22-018482.txt

## Key facts
- Earnings Releases
  RH reported the third quarter ended October 29, 2022 results: revenue $869M, net income $99M, EPS $3.78. Guidance raised.
  - Period: the third quarter ended October 29, 2022
  - Revenue: $869M
  - Net income: $99M
  - EPS: $3.78
  - Guidance: raised
  - Result: reported results
  source text: Q3 GAAP NET REVENUES OF $869M VS. $1,006M LY Q3 ADJUSTED NET REVENUES OF $869M VS. $1,006M LY Q3 GAAP GROSS MARGIN OF 48.4% VS. 50.2% LY Q3 ADJUSTED GROSS MARGIN OF 49.7% VS. 50.2% LY Q3 GAAP OPERATING MARGIN OF 19.6% VS. 27.1% LY Q3 ADJUSTED OPERATING MARGIN OF 20.8% VS. 27.7% LY Q3 GAAP NET INCOME OF $99M VS. $184M LY Q3 ADJUSTED NET INCOME OF $147M VS. $209M LY (1) Q3 GAAP DILUTED EPS OF $3.78 VS. $5.88 LY Q3 ADJUSTED DILUTED EPS OF $5.67 VS. $7.03 LY (1)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1528849/000155837022018482/0001558370-22-018482-index.htm

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