RH Files 10-Q: Key Financials and Lease Disclosures
Ticker: RH · Form: 10-Q · Filed: 2024-06-13T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, liabilities
TL;DR
RH's Q1 10-Q shows $18.3M in current liabilities; lease and asset details disclosed.
AI Summary
RH (formerly Restoration Hardware Holdings Inc.) filed its 10-Q for the period ending May 4, 2024. The company reported current liabilities including Accounts Payable and Accrued Liabilities totaling $18.3 million. The filing also references various accounting standards related to leases and property, plant, and equipment.
Why It Matters
This filing provides investors with an update on RH's financial position, including its short-term obligations and asset disclosures, which are crucial for assessing the company's operational health.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing standard financial disclosures and does not indicate any unusual risks.
Key Numbers
- $18.3M — Accounts Payable and Accrued Liabilities Current (Represents short-term obligations as of the reporting period.)
Key Players & Entities
- RH (company) — Filer
- Restoration Hardware Holdings Inc. (company) — Former company name
- 20240504 (date) — Reporting period end date
- $18.3 million (dollar_amount) — Accounts Payable and Accrued Liabilities Current
FAQ
What was the total amount of Accounts Payable and Accrued Liabilities Current for RH as of May 4, 2024?
As of May 4, 2024, RH reported $18,342,797 in Accounts Payable and Accrued Liabilities Current.
What is the fiscal year end for RH?
RH's fiscal year ends on February 1st (0201).
What is the SEC file number for RH?
RH's SEC file number is 001-35720.
What state was RH incorporated in?
RH was incorporated in Delaware (DE).
What are some of the accounting standards referenced in the filing related to assets?
The filing references accounting standards for Operating Lease Right Of Use Asset and Property Plant And Equipment Net.
From the Filing
0001558370-24-009145.txt : 20240613 0001558370-24-009145.hdr.sgml : 20240613 20240613170553 ACCESSION NUMBER: 0001558370-24-009145 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 107 CONFORMED PERIOD OF REPORT: 20240504 FILED AS OF DATE: 20240613 DATE AS OF CHANGE: 20240613 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: 0201 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-35720 FILM NUMBER: 241042069 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-Q 1 rh-20240504x10q.htm 10-Q RH 0001528849 --02-01 2024 Q1 false http://fasb.org/us-gaap/2024#OperatingLeaseRightOfUseAsset http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#OperatingLeaseLiabilityCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OperatingLeaseLiabilityNoncurrent http://fasb.org/us-gaap/2024#FinanceLeaseLiabilityNoncurrent 0 0 http://fasb.org/us-gaap/2024#AccountsPayableAndAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#AccountsPayableAndAccruedLiabilitiesCurrent 18342797 18315613 http://fasb.org/us-gaap/2024#OperatingLeaseRightOfUseAsset http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#OperatingLeaseLiabilityCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OperatingLeaseLiabilityNoncurrent http://fasb.org/us-gaap/2024#FinanceLeaseLiabilityNoncurrent http://www.restorationhardware.com/20240504#LiborMember 0001528849 rh:AspenLlcSMember 2023-01-29 2024-02-03 0001528849 us-gaap:RetainedEarningsMember 2024-05-04 0001528849 us-gaap:AdditionalPaidInCapitalMember 2024-05-04 0001528849 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-05-04 0001528849 us-gaap:RetainedEarningsMember 2024-02-03 0001528849 us-gaap:AdditionalPaidInCapitalMember 2024-02-03 0001528849 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-02-03 0001528849 us-gaap:RetainedEarningsMember 2023-04-29 0001528849 us-gaap:AdditionalPaidInCapitalMember 2023-04-29 0001528849 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-04-29 0001528849 us-gaap:RetainedEarningsMember 2023-01-28 0001528849 us-gaap:AdditionalPaidInCapitalMember 2023-01-28 0001528849 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-28 0001528849 us-gaap:CommonStockMember 2024-05-04 0001528849 us-gaap:CommonStockMember 2024-02-03 0001528849 us-gaap:CommonStockMember 2023-04-29 0001528849 us-gaap:CommonStockMember 2023-01-28 0001528849 rh:TwoThousandTwentyThreeStockIncentivePlanMember 2024-02-04 2024-05-04 0001528849 srt:ChiefExecutiveOfficerMember rh:TwoThousandTwelveStockIncentiveAndOptionPlanMember 2024-02-04 2024-05-04 0001528849 srt:ChiefExecutiveOfficerMember rh:TwoThousandTwelveStockIncentiveAndOptionPlanMember 2023-01-29 2023-04-29 0001528849 us-gaap:OtherCurrentLiabilitiesMember 2024-05-04 0001528849 us-gaap:OtherCurrentLiabilitiesMember 2024-02-03 0001528849 rh:NonFurnitureMember 2024-02-04 2024-05-04 0001528849 rh:FurnitureMember 2024-02-04 2024-05-04 0001528849 rh:NonFurnitureMember 2023-01-29 2023-04-29 0001528849 rh:FurnitureMember 2023-01-29 2023-04-29 0001528849 us-gaap:VariableInterestEntityPrimaryBeneficiaryMember us-gaap:ConstructionInProgressMember 2024-05-04 0001528849 us-gaap:VariableInterestEntityPrimaryBeneficiaryMember us-gaap:ConstructionInProgressMember 2024-02-03 0001528849 rh:AspenLlcSMember 2024-02-04 2024-05-04 0001528849 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-02-04 2024-05-04 0001528849 us-gaap:AccumulatedOtherC