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

Issuer:     RH (RH)
CIK:        0001528849
Form:       8-K/A
Filed at:   2023-09-11T23:59:59+00:00
Accession:  0001558370-23-015615
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RH corrects Q2 diluted share count; revenue down 19% to $800M, adj. EPS $3.93
-----------------------------------------------------------------------------

- Corrected fiscal 2023 estimated adjusted diluted shares: 21.61M–21.91M across stock prices $318–$418.
- Q2 GAAP net revenue $800M vs $992M LY; GAAP diluted EPS $3.36 vs $4.54 LY.
- Q2 adjusted operating margin 20.2% (down from 24.7%); adjusted diluted EPS $3.93 vs $6.12 LY.
- FY2023 revenue guidance raised to $3.04–$3.1B; adj. op. margin maintained at 14.5%–15.5%.
- Repurchased 3.7M shares in Q2 at avg $325.65 (~17% of shares outstanding).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528849/000155837023015615/0001558370-23-015615-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528849/000155837023015615/rh-20230907x8ka.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-015615

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