---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-019626"
form_type: "8-K"
ticker: "RH"
cik: "0001528849"
company_name: "RH"
filed_at: "2023-12-07T23:59:59+00:00"
generated_at: "2026-06-07T16:14:41.607716+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# RH Q3 net revenues $751M, GAAP net loss $2M, narrows FY guidance

## Summary
- Q3 net revenues $751M vs $869M LY; GAAP diluted EPS loss $(0.12) vs $3.78 LY; adjusted diluted EPS loss $(0.42) vs $4.26 LY.
- Guidance narrowed: FY revenue $3.06B-$3.08B; adjusted operating margin 13.6%-14.0%.
- GAAP gross margin 45.3% vs 48.4% LY; adjusted gross margin 45.3% vs 49.7% LY.
- In contract to acquire New York Guesthouse for ~$58M (appraised at $85M); Q4 close expected.
- Delaying RH Modern Sourcebook mailing to Q1 2024; cites mortgage rates >8% and geopolitical headwinds.

## SEC filing metadata
- accession: 0001558370-23-019626
- form_type: 8-K
- ticker: RH
- cik: 0001528849
- company_name: RH
- filed_at: 2023-12-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1528849/000155837023019626/0001558370-23-019626-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1528849/000155837023019626/rh-20231207x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-019626
- JSON: https://secwatch.observer/filing/0001558370-23-019626.json
- Plain text: https://secwatch.observer/filing/0001558370-23-019626.txt

## Key facts
- Earnings Releases
  RH reported the third quarter ended October 28, 2023 results: revenue $751M, net income $(2M), EPS $(0.12). Guidance reaffirmed.
  - Period: the third quarter ended October 28, 2023
  - Revenue: $751M
  - Net income: $(2M)
  - EPS: $(0.12)
  - Guidance: reaffirmed
  - Result: reported results
  source text: FINANCIAL RESULTS AND SHAREHOLDER LETTER ​ ​ ​ ​ ​ ​ A LETTER FROM OUR CHAIRMAN AND CEO RH REPORTS THIRD QUARTER RESULTS THIRD QUARTER 2023 HIGHLIGHTS Q3 GAAP NET REVENUES OF $751M VS. $869M LY Q3 ADJUSTED NET REVENUES OF $751M VS. $869M LY Q3 GAAP GROSS MARGIN OF 45.3% VS. 48.4% LY Q3 ADJUSTED GROSS MARGIN OF 45.3% VS. 49.7% LY Q3 GAAP OPERATING MARGIN OF
  evidence_url: https://www.sec.gov/Archives/edgar/data/1528849/000155837023019626/0001558370-23-019626-index.htm

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