Leased Properties
−Removed: The following table summarizes the total leased gross square footage of our leased properties as of January 28, 2023:
−Removed: LEASED GROSS SQUARE FOOTAGE
+Added: The following table summarizes the total leased gross square footage of our leased properties as of February 3, 2024:
+Added: SQUARE FOOTAGE
(approximate, in thousands)
2 unchanged sentences
Refer to “Retail Locations” within Item 1 — Business .
−Removed: FORM 10-K | 31
−Removed: The following table summarizes the location and size of our leased fulfillment centers, home delivery center locations and corporate facilities occupied as of January 28, 2023:
+Added: (2) Excludes location count and leased gross square footage for owned properties.
+Added: The following table summarizes the location and size of our leased fulfillment centers, home delivery center locations and corporate facilities occupied as of February 3, 2024:
LEASED SQUARE FOOTAGE
2 unchanged sentences
Patterson, California
−Removed: Baltimore (North East), Maryland
+Added: Baltimore, Maryland
Ontario, California
15 unchanged sentences
We believe that our current offices and facilities are in good condition, are being used productively and are adequate to meet our requirements for the foreseeable future.
−Removed: For additional information regarding leases, refer to “Lease Accounting” within Note 3— Significant Accounting Policies and Note 11— Leases in our consolidated financial statements within Part II of this Annual Report on Form 10-K.
−Removed: In addition to the above, we also have a third-party service agreement for a shared distribution center facility in Belgium.
+Added: 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.
+Added: In addition to the above, we have one third-party fulfillment center and three third-party home delivery center locations in Europe.
+Added: 34 | FORM 10-K
Owned Property
−Removed: As of January 28, 2023, we own nine properties, eight of which are owned through our consolidated variable interest entities.
−Removed: Seven locations represent current and future RH locations, and are part of the RH Segment.
+Added: We own ten properties, eight of which are owned through our consolidated variable interest entities.
+Added: Eight locations represent current and future RH locations and are included in the RH Segment, two of which are operational as of February 3, 2024.
Two locations represent properties for the purpose of use by RH or others related to developing, operating and selling such real estate, and are part of the Real Estate segment.
−Removed: Refer to Note 8— Variable Interest Entities in our consolidated financial statements within Part II of this Annual Report on Form 10-K.
−Removed: 32 | FORM 10-K
+Added: Refer to Note 7— Variable Interest Entities in our consolidated financial statements within Part II of this Annual Report.
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.