Leased Properties
−Removed: Gross square footage of our leased properties as of February 1, 2025 was as follows:
+Added: Gross square footage of our leased properties as of January 31, 2026 was as follows:
SQUARE FOOTAGE
1 unchanged sentence
Retail locations (1)(2)
−Removed: (1) Retail locations include the Design Galleries, Legacy Galleries, Modern Gallery, Baby & Child and TEEN Galleries, Interior Design Office and Waterworks Showrooms.
+Added: (1) Retail locations include Design Galleries, Legacy Galleries, Outdoor Galleries, Modern Gallery, Baby & Child Gallery, Interior Design Studio and Waterworks Showrooms.
Refer to “Retail Locations” within Item 1 — Business .
(2) Excludes location count and leased gross square footage for owned properties.
−Removed: Our leased fulfillment centers, home delivery center locations and corporate facilities occupied as of February 1, 2025 were as follows:
+Added: 36 | FORM 10-K
+Added: Our leased distribution centers, home delivery center locations and corporate facilities occupied as of January 31, 2026 were as follows:
LEASED SQUARE FOOTAGE
(approximate, in thousands)
−Removed: RH Fulfillment Centers
+Added: RH distribution centers
Patterson, California
3 unchanged sentences
Home delivery center locations (2)
−Removed: Waterworks Fulfillment Center
+Added: Waterworks distribution center
Brookfield, Connecticut
12 unchanged sentences
For additional information regarding leases, refer to “Lease Accounting” within Note 3— Significant Accounting Policies and Note 10— Leases in our consolidated financial statements within Part II of this Annual Report.
−Removed: In addition to the above, we have one third-party fulfillment center and five third-party home delivery center locations in Europe.
−Removed: FORM 10-K | 37
+Added: In addition to the above, we have one third-party distribution center and six third-party home delivery center locations in Europe.
Owned Property
−Removed: We own ten properties, seven of which are owned through our consolidated variable interest entities.
−Removed: Eight locations represent current or future RH locations and are included in the RH Segment, three of which are operational as of February 1, 2025.
+Added: We own thirteen properties, seven of which are owned through our consolidated variable interest entities.
+Added: Eleven locations represent current or future RH locations and are included in the RH Segment, five of which are operational as of January 31, 2026.
Two locations represent properties for the purpose of use by RH or others related to developing, operating and selling such properties, and are part of the Real Estate segment.
−Removed: Refer to Note 7— Variable Interest Entities in our consolidated financial statements within Part II of this Annual Report.
+Added: Refer to Note 8— Variable Interest Entities in our consolidated financial statements within Part II of this Annual Report on Form 10-K.
+Added: FORM 10-K | 37
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.