secwatch.observer — SEC 8-K summary
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Issuer:     RH (RH)
CIK:        0001528849
Form:       8-K
Filed at:   2025-04-02T23:59:59+00:00
Accession:  0001558370-25-004324
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RH Q4 revenue $812M (+18% comparable); adj op inc +57%; guides FY25 rev +10-13%
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- Q4 GAAP rev $812M (+18% comparable); adj op inc $92M (+57% comparable); GAAP net income $14M.
- FY2024 rev $3.181B (+5%; +6.8% comparable); adj EBITDA margin 16.9%; adj op margin 11.3%.
- FY2025 guide: rev +10-13%, adj op margin 14-15%, adj EBITDA margin 20-21%; Q1 rev +12.5-13.5%.
- RH Brand demand +21% in Q4 (comparable); product transformation and platform expansion cited as drivers.
- Plans to monetize ~$500M real estate equity and $200-300M inventory; 7 Design Galleries in 2025 incl Paris.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528849/000155837025004324/0001558370-25-004324-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528849/000155837025004324/rh-20250402x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-004324

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer