RH(RH) - 2024 Q4 - Annual Results

Exhibit 99.2 A LETTER FROM OUR CHAIRMAN AND CEO RH REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 RESULTS FISCAL 2023 HIGHLIGHTS GAAP Net Revenues of $3.029B, GAAP Operating Margin of 12.1%, Adjusted Operating Margin of 13.0%, GAAP Net Income of $128M, Adjusted Net Income of $147M, Adjusted EBITDA Margin of 18.2% FOURTH QUARTER 2023 HIGHLIGHTS GAAP Net Revenues of $738M, GAAP Operating Margin of 8.7%, Adjusted Operating Margin of 9.1%, GAAP Net Income of $11M Adjusted Net Income of $14M, Adjusted EBITDA Margin ...