other material
confidence high
sentiment neutral
materiality 0.60
RH restates Q3 2022 GAAP EPS to $3.78 diluted; non-GAAP tax rate modified
RH
- Restatement limited to GAAP basic/diluted EPS calculation; revenue, gross profit, and operating income unchanged.
- Corrected diluted EPS for Q3 2022: $3.78; basic EPS: $4.17; net income $98.8M.
- Modified non-GAAP adjusted tax rate changes adjusted net income and adjusted EPS for Q3 and nine months 2022.
- Restatement also affects Q1 and Q2 2022 interim periods; amended 10-Qs filed March 27, 2023.
- Weighted-average diluted shares for Q3 2022 restated to 26.1 million (vs. prior period?)