secwatch.observer — SEC 8-K summary
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Issuer:     RH (RH)
CIK:        0001528849
Form:       8-K
Filed at:   2025-09-11T23:59:59+00:00
Accession:  0001558370-25-012006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RH Q2 revenue +8.4% to $899M, net income +79%; FY25 guidance revised lower on tariffs
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- GAAP net income $51.7M, adjusted operating margin 15.1%, adjusted EBITDA margin 20.6%.
- Demand up 13.7%; free cash flow $80.7M in Q2.
- FY25 outlook: revenue growth 9-11%, adj. EBITDA margin 19-20%, free cash flow $250-300M.
- Tariff impact: $30M net cost in H2; Fall Interiors Sourcebook delayed 8 weeks, brand extension pushed to Spring 2026.
- RH Paris opened Sept 5; design pipeline first 6 days exceeded prior 5 European galleries combined.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528849/000155837025012006/0001558370-25-012006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528849/000155837025012006/rh-20250911x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-012006

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