---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-009144"
form_type: "8-K"
ticker: "RH"
cik: "0001528849"
company_name: "RH"
filed_at: "2024-06-13T23:59:59+00:00"
generated_at: "2026-06-01T04:36:08.311093+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# RH Q1 revenue $727M, adjusted op margin 6.5%; maintains FY demand growth guidance 12-14%

## Summary
- Q1 net revenues $727M; GAAP operating margin 7.5%, adjusted 6.5%; adjusted EBITDA margin 12.3%.
- Demand up 3% in Q1; FY demand growth guided 12-14%, revenue growth 8-10% (52-wk basis).
- Q2 demand growth guided 9-10%, revenue growth 3-4%; adjusted op margin 11-12%.
- Backlog expected to increase ~$110-130M by year-end; international expansion a ~200bp margin drag.
- CEO cites challenging housing market but sees momentum from product transformation and new galleries.

## SEC filing metadata
- accession: 0001558370-24-009144
- form_type: 8-K
- ticker: RH
- cik: 0001528849
- company_name: RH
- filed_at: 2024-06-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1528849/000155837024009144/0001558370-24-009144-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1528849/000155837024009144/rh-20240613x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-009144
- JSON: https://secwatch.observer/filing/0001558370-24-009144.json
- Plain text: https://secwatch.observer/filing/0001558370-24-009144.txt

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