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On September 11th after market close, RH company announced its Q2 2025 performance: Revenue: GAAP net revenue of 8.992 billion US dollars, an increase of 8.4% year-on-year; two-year revenue growth of 12% and demand growth of 21%. Profit: GAAP net profit of 51.7 million US dollars, a 79% year-on-year increase; GAAP operating profit margin of 14.3% adjusted to 15.1%; EBITDA profit margin of 18.1% adjusted to 20.6%.
Performance outlook for fiscal year 2025: Revenue growth of 9%-11%, adjusted operating profit margin of 13.0%-14.0%, adjusted EBITDA profit margin of 19.0%-20.0%, free cash flow of 250-300 million US dollars (including international expansion investments, and negative impact of tariffs on profit margin).
Q3 2025: Revenue growth of 8%-10%, adjusted operating profit margin of 12.0%-13.0%, adjusted EBITDA profit margin of 18.0%-19.0% (including international expansion investments, and negative impact of tariffs on profit margin).
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