secwatch.observer — SEC 8-K summary
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Issuer:     RH (RH)
CIK:        0001528849
Form:       8-K
Filed at:   2024-12-12T23:59:59+00:00
Accession:  0001558370-24-016181
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RH Q3 revenue $812M (+8.1%), GAAP net income $33M; raises Q4 guidance on accelerating demand
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- GAAP net revenues $812M (+8.1% YoY); GAAP net income $33M; adjusted net income $49M.
- Adjusted operating margin 15.0% (vs 7.3% last year); adjusted EBITDA margin 20.8% (vs 12.4%).
- Q3 total demand +13%, RH brand demand +14%; November demand accelerated to +18% total, +24% RH brand.
- Q4 guidance raised: demand growth 20-22%, revenue growth 18-20%; FY demand growth 9.9-10.4%.
- Proactively exiting China sourcing by Q2 2025; no material tariff impact expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528849/000155837024016181/0001558370-24-016181-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528849/000155837024016181/rh-20241212x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-016181

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