RH Files 2024 10-K: Financials and Operations Update
Ticker: RH · Form: 10-K · Filed: 2024-03-28T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, financials, retail
TL;DR
RH's 2024 10-K is in. Check financials for furniture giant.
AI Summary
RH, formerly Restoration Hardware Holdings Inc., filed its 10-K for the fiscal year ending February 3, 2024. The company, operating in the furniture retail sector, reported financial results and provided updates on its business operations. RH is incorporated in Delaware and headquartered in Corte Madera, California.
Why It Matters
This filing provides investors and analysts with a comprehensive overview of RH's financial health and strategic direction for the past fiscal year, influencing investment decisions.
Risk Assessment
Risk Level: medium — The filing contains standard financial disclosures for a public company, but the retail sector can be subject to economic fluctuations.
Key Numbers
- 18315613 — Total Assets (Reported for the fiscal year ending 02-03-2024)
- 22045385 — Total Liabilities (Reported for the fiscal year ending 02-03-2024)
Key Players & Entities
- RH (company) — Filer
- Restoration Hardware Holdings Inc (company) — Former company name
- 0001528849 (company) — Central Index Key
- 5712 (company) — Standard Industrial Classification
- 453052669 (company) — IRS Number
- DE (company) — State of Incorporation
- 15 KOCH ROAD (company) — Business Address Street 1
- SUITE K (company) — Business Address Street 2
- CORTE MADERA (company) — Business Address City
- CA (company) — Business Address State
FAQ
What is RH's primary business activity?
RH is primarily engaged in the retail sale of furniture, as indicated by its Standard Industrial Classification code of 'RETAIL-FURNITURE STORES [5712]'.
When did RH's most recent fiscal year end?
RH's most recent fiscal year ended on February 3, 2024, as stated in the 'CONFORMED PERIOD OF REPORT'.
What is RH's headquarters location?
RH's headquarters are located at 15 KOCH ROAD, SUITE K, CORTE MADERA, CA 94925.
What was RH's former company name?
RH was formerly known as Restoration Hardware Holdings Inc., with a date of name change on 20110830.
What is the SEC file number for this 10-K filing?
The SEC file number for this 10-K filing is 001-35720.
From the Filing
0001558370-24-004248.txt : 20240328 0001558370-24-004248.hdr.sgml : 20240328 20240328160704 ACCESSION NUMBER: 0001558370-24-004248 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 142 CONFORMED PERIOD OF REPORT: 20240203 FILED AS OF DATE: 20240328 DATE AS OF CHANGE: 20240328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RH CENTRAL INDEX KEY: 0001528849 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FURNITURE STORES [5712] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 453052669 STATE OF INCORPORATION: DE FISCAL YEAR END: 0203 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35720 FILM NUMBER: 24798879 BUSINESS ADDRESS: STREET 1: 15 KOCH ROAD STREET 2: SUITE K CITY: CORTE MADERA STATE: CA ZIP: 94925 BUSINESS PHONE: 415-924-1005 MAIL ADDRESS: STREET 1: 15 KOCH ROAD STREET 2: SUITE K CITY: CORTE MADERA STATE: CA ZIP: 94925 FORMER COMPANY: FORMER CONFORMED NAME: Restoration Hardware Holdings Inc DATE OF NAME CHANGE: 20110830 10-K 1 rh-20240203x10k.htm 10-K 2020 2021 2022 2023 http://fasb.org/us-gaap/2023#OperatingLeaseRightOfUseAsset http://fasb.org/us-gaap/2023#OperatingLeaseRightOfUseAsset http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#OperatingLeaseLiabilityCurrent http://fasb.org/us-gaap/2023#OperatingLeaseLiabilityCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OperatingLeaseLiabilityNoncurrent http://fasb.org/us-gaap/2023#OperatingLeaseLiabilityNoncurrent http://fasb.org/us-gaap/2023#FinanceLeaseLiabilityNoncurrent http://fasb.org/us-gaap/2023#FinanceLeaseLiabilityNoncurrent RH 0001528849 --02-03 2024 FY false P10Y 0 0 18315613 22045385 http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense P2Y http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrent 0 0 0 P2D P1Y 0001528849 rh:AdditionalAmountsAuthorizedMember 2022-06-02 0001528849 2022-06-02 0001528849 us-gaap:RetainedEarningsMember 2024-02-03 0001528849 us-gaap:AdditionalPaidInCapitalMember 2024-02-03 0001528849 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-02-03 0001528849 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember us-gaap:RetainedEarningsMember 2023-01-28 0001528849 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember us-gaap:AdditionalPaidInCapitalMember 2023-01-28 0001528849 us-gaap:RetainedEarningsMember 2023-01-28 0001528849 us-gaap:AdditionalPaidInCapitalMember 2023-01-28 0001528849 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-28 0001528849 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2023-01-28 0001528849 us-gaap:RetainedEarningsMember 2022-01-29 0001528849 us-gaap:AdditionalPaidInCapitalMember 2022-01-29 0001528849 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-29 0001528849 us-gaap:RetainedEarningsMember 2021-01-30 0001528849 us-gaap:AdditionalPaidInCapitalMember 2021-01-30 0001528849 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-30 0001528849 rh:RestorationHardwareIncRestorationHardwareCanadaIncAndOtherSubsidiariesOfRhMember us-gaap:OtherCurrentLiabilitiesMember rh:TermLoanFacilityMember us-gaap:SecuredDebtMember 2024-02-03 0001528849 rh:RestorationHardwareIncRestorationHardwareCanadaIncAndOtherSubsidiariesOfRhMember us-gaap:OtherCurrentLiabilitiesMember rh:SecondLienTermLoanMember us-gaap:SecuredDebtMember 2024-02-03 0001528849 rh:RestorationHardwareIncRestorationHardwareCanadaIncAndOtherSubsidiariesOfRhMember us-gaap:OtherCurrentLiabilitiesMember rh:TermLoanFacilityMember us-gaap:SecuredDebtMember 2023-01-28 0001528849 rh:RestorationHardwareIncRestorationHardwareCanadaIncAndOtherSubsidiariesOfRhMember us-gaap:OtherCurrentLiabilitiesMember rh:SecondL