RH Q2 rev $830M (+3.6%), adj op margin 11.7%; demand accelerates, guides FY24 rev +5-7%

2024-Q2 EPS reported $1.27 revenue$1,556,615,000

GAAP net income $29M; adjusted net income $33M; adjusted EBITDA margin 17.2%.
Demand grew 7% in Q2, accelerating to 12% in August; FY24 demand growth guided 8-10%.
FY24 outlook: revenue +5-7%, adj operating margin 11-12%, adj EBITDA margin 17-18%.
Q3 guidance: demand +12-14%, revenue +7-9%, adj EBITDA margin 21-22%.
International expansion drag ~230 bps; backlog expected to increase $80-100M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.