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What changed in RH's 10-K2024 vs 2025

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Paragraph-level year-over-year comparison of RH's 2024 and 2025 10-K annual filings, covering the Business, Risk Factors, Legal Proceedings, Cybersecurity, MD&A and Market Risk sections. Every new, removed and edited paragraph is highlighted side-by-side so you can see exactly what management changed in the 2025 report.

+1 added1 removedSource: 10-K (2024-03-28) vs 10-K (2024-03-28)

Top changes in RH's 2025 10-K

1 paragraphs added · 1 removed · 1 edited across 1 sections

Item 7. Management's Discussion & Analysis

Management's Discussion & Analysis (MD&A) — revenue / margin commentary

1 edited+0 added0 removed259 unchanged
We define adjusted capital expenditures as capital expenditures from investing activities and cash outflows of capital related to construction activities to design and build landlord-owned leased assets, net of tenant allowances received.
We define adjusted capital expenditures as capital expenditures from investing activities and cash outflows of capital related to construction activities to design and build landlord-owned leased assets, net of tenant allowances received.

Other RH 10-K year-over-year comparisons