secwatch.observer — SEC 8-K summary
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Issuer:     RH (RH)
CIK:        0001528849
Form:       8-K
Filed at:   2025-06-12T23:59:59+00:00
Accession:  0001558370-25-008566
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RH Q1 revenues $814M (+12% YoY); maintains FY 2025 guidance amid tariff uncertainty
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- GAAP operating margin 6.9%; adjusted operating margin 7.0%; adjusted EBITDA margin 13.1%.
- Positive free cash flow of $34M in Q1; FY 2025 free cash flow forecast $250-350M.
- Q2 outlook: rev growth 8-10%, adj operating margin 15-16%, adj EBITDA margin 20.5-21.5%.
- Lisa Chi returns as President, Co-Chief Merchandising & Creative Officer.
- Tariff disruption expected to cut Q2 rev by 6 points; China sourcing to drop from 16% to 2% by Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528849/000155837025008566/0001558370-25-008566-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528849/000155837025008566/rh-20250612x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-008566

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