secwatch.observer — SEC 8-K summary
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Issuer:     RH (RH)
CIK:        0001528849
Form:       8-K
Filed at:   2024-03-27T23:59:59+00:00
Accession:  0001558370-24-004085
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RH reports FY2023 revenue $3.029B, adjusted EBITDA margin 18.2%; guides FY2024 demand growth 12-14%
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- GAAP net revenue $3.029B in FY2023; GAAP net income $128M; adjusted net income $147M; adjusted EBITDA margin 18.2%.
- Q4 revenue $738M, GAAP net income $11M, adjusted net income $14M; adjusted EBITDA margin 15.3%.
- Repurchased 7.6M shares (~35% of shares outstanding) during FY2022-2023.
- FY2024 guidance: demand growth 12-14%, revenue growth 8-10%; adjusted operating margin 13-14%, adjusted EBITDA margin 18-19%.
- Q1 FY2024: demand growth mid-single digits, revenue decline low-single digits; adjusted operating margin 6-7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528849/000155837024004085/0001558370-24-004085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528849/000155837024004085/rh-20240327x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-004085

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