secwatch.observer — SEC 8-K summary
======================================

Issuer:     RH (RH)
CIK:        0001528849
Form:       8-K
Filed at:   2023-03-27T23:59:59+00:00
Accession:  0001558370-23-004729
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 4.02, 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RH restates FY22 Q1-Q3 EPS on share count error; adjusted EPS also revised after SEC review
--------------------------------------------------------------------------------

- Q1 FY22 basic EPS restated to $8.88 from $15.34; diluted EPS to $7.22 from $12.16.
- Q2 basic EPS restated to $5.00 from $5.95; Q3 diluted EPS unchanged at $3.78 but share count adjusted.
- Non-GAAP adjusted tax rate changed from 0% to projected rates (Q1 14.8%, Q2 24.3%, Q3 24.9%), reducing adjusted net income by $120.8M over nine months.
- Restatements stem from SEC comment letter review; no changes to revenue, gross profit, operating income, or cash flows.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528849/000155837023004729/0001558370-23-004729-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528849/000155837023004729/rh-20230327x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-004729

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer