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RH Raises Low End Of FY23 Revenue Guidance From $3.04B To $3.1B Vs $3.07B Est.; Sees Q3 Revenue $740M-$760M Vs $772.87M Est.; Sees Q4 Revenue $760M-$800M

OUTLOOK   As mentioned, we are raising the low end of our revenue guidance for the year to a range of $3.04 billion to $3.1 billion and maintaining our outlook for adjusted operating margin in the range of 14.5% to 15.5%. We estimate the 53rd week will result in revenues of approximately $60 million.  

RH