---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-000847"
form_type: "8-K"
ticker: "RH"
cik: "0001528849"
company_name: "RH"
filed_at: "2023-02-03T23:59:59+00:00"
generated_at: "2026-06-20T00:59:32.450531+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# RH restates prior quarterly EPS due to debt extinguishment accounting error; updates FY2022 guidance

## Summary
- Restating Q1-Q3 FY2022 EPS: basic EPS corrected from $15.34 to $8.88 (Q1), $5.95 to $5.00 (Q2), $25.07 to $17.88 (Q3).
- Diluted EPS corrected from $12.16 to $7.22 (Q1), $5.37 to $4.54 (Q2), $21.70 to $15.65 (Q3). Net income unchanged.
- Identified material weakness in internal controls over financial reporting; disclosure controls also ineffective.
- FY2022 guidance: revenue growth at lower end of prior (3.5%-4.5%) decline; adjusted operating margin toward high end of 21.5%-22.0%.
- Non-GAAP adjusted effective tax rate to increase above 0%, reducing previously reported adjusted diluted EPS.

## SEC filing metadata
- accession: 0001558370-23-000847
- form_type: 8-K
- ticker: RH
- cik: 0001528849
- company_name: RH
- filed_at: 2023-02-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1528849/000155837023000847/0001558370-23-000847-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1528849/000155837023000847/rh-20230201x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-000847
- JSON: https://secwatch.observer/filing/0001558370-23-000847.json
- Plain text: https://secwatch.observer/filing/0001558370-23-000847.txt

## Key facts
- Earnings Releases
  RH updated its fiscal 2022 guidance (reaffirmed).
  - Period: fiscal 2022
  - Guidance: reaffirmed
  - Result: guidance update
  source text: we are updating our fiscal 2022 outlook by confirming that we now expect fiscal 2022 revenue growth at the lower end of the prior range of (3.5%) to (4.5%) and adjusted operating margin toward the higher end of the prior range of 21.5% to 22.0%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1528849/000155837023000847/0001558370-23-000847-index.htm

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