other material
confidence high
sentiment negative
materiality 0.60
RH restates Q2 2022 EPS to $4.54 diluted; updates non-GAAP tax rate to 24.3%
RH
- Restated Q2 2022 diluted EPS to $4.54 from $7.09, using corrected weighted-average diluted shares of 26.9M.
- Updated non-GAAP adjusted tax rate for Q2 2022 to 24.3% (previously 0.0%), raising adjusted net income to $164.1M.
- Correction limited to EPS calculation; revenue remained $991.6M and GAAP net income $122.3M for Q2 2022.
- Restatement also covers Q1 and Q3 2022; corresponding 10-Q/As filed March 27, 2023.