Arhaus

Arhaus, Inc. engages in the design, manufacture, and sale of furniture products. It offers lighting materials, textile, decorations, and outdoor amenities. The company was founded by John Reed in 1986 and is headquartered in Hudson, OH.

Earnings data Q3 2021

Earnings data Q4 2021

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Arhaus achieves record $1B revenue in 2022, cautious 2023 outlook

Arhaus had a remarkable 2022, focusing on quality products, showroom growth, and omnichannel success. While cautious about 2023 due to backlog dynamics, the company is optimistic about mid to long-term growth targets. Strategic investments in IT, new showrooms, and marketing aim to drive continued success.

Arhaus reports robust Q1 performance, eyes growth in contract business

Arhaus delivered strong financial results in Q1 2023, emphasizing showroom expansion and supply chain improvements.
The company's unique products and customer-centric approach position it well for growth in the contract business and through marketing initiatives.
While facing challenges in inventory management and brand awareness, Arhaus remains confident in its pricing strategy and growth outlook for the year.

Arhaus reports strong Q2 earnings, invests in sustainability initiatives

Arhaus demonstrated resilience and adaptability in navigating challenges while capitalizing on strengths to drive growth. By focusing on product innovation, cost efficiencies, and strategic investments, the company aims to enhance financial performance and customer engagement. Despite uncertainties, Arhaus remains committed to executing controllable factors and meeting guidance for the year.

Arhaus reports strong Q3 performance, eyes showroom expansion and pricing

Arhaus' Q3 2023 performance showcased growth and strategic initiatives despite challenges from abnormal backlog and showroom costs. The company's focus on expanding showrooms, product categories, and pricing strategies presents opportunities for future growth and customer engagement.

Arhaus exceeds Q4 expectations, plans expansion and tech investments

Arhaus reported strong financial performance in Q4 2023 and full year 2023, with plans for continued expansion and investments in technology. The company's focus on maintaining a strong balance sheet, strategic growth, and product innovation positions it well for future success.

Arhaus reports solid Q1 earnings, focuses on growth initiatives

Arhaus delivered strong financial results in Q1 2024 despite challenges in luxury home sales, driven by a compelling product assortment and strategic growth initiatives.
The company's focus on expanding showrooms, e-commerce, and trade business presents opportunities for growth and enhancing customer experience.
While facing margin pressures from investments, Arhaus remains well-positioned with a strong balance sheet and a resilient value proposition in the premium home furniture market.

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Arhaus, Inc. engages in the retail of furniture, outdoor, lighting, textiles, and decor. The company was founded by John Reed in 1986 and is headquartered in Hudson, OH.

Arhaus, Inc. (NASDAQ:ARHS ) Q3 2024 Results Conference Call November 7, 2024 8:30 AM ET Company Participants John Reed - Co-Founder, Chairman and Chief Executive Officer Tara Atwood - Vice President, Investor Relations Dawn Phillipson - Chief Financial Officer Jennifer Porter - Chief Marketing Officer Conference Call Participants Steven Forbes - Guggenheim Securities Jeremy Hamblin - Craig-Hallum Capital Group Robby Ohmes - Bank of America Jonathan Matuszewski - Jefferies Simeon Gutman - Morgan Stanley Lauren Ng - Morgan Stanley Cristina Fernandez - Telsey Advisory Group Peter Keith - Piper Sandler Sabrina Baxamusa - William Blair Seth Sigman - Barclays Seth Basham - Wedbush Securities Operator Good morning, and welcome to the Arhaus Third Quarter 2024 Earnings Conference Call. [Operator Instructions].

Arhaus, Inc. (ARHS) Q3 2024 Earnings Call Transcript

BOSTON HEIGHTS, Ohio, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Arhaus, a leader in artisan-crafted furniture and home décor, announces the opening of its new showroom in Corte Madera at Town Center Corte Madera. Located in Marin County, just north of the Golden Gate Bridge, Arhaus promises an inspiring destination for high quality furniture and home décor alongside the center's mix of upscale retail and dining options.

Arhaus Opens Showroom in Corte Madera, California

Although the revenue and EPS for Arhaus, Inc. (ARHS) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Arhaus, Inc. (ARHS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Arhaus, Inc. (ARHS) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.14 per share a year ago.

Arhaus, Inc. (ARHS) Q3 Earnings and Revenues Lag Estimates

BOSTON HEIGHTS, Ohio, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Arhaus, Inc. (“Arhaus” or the “Company”) (NASDAQ: ARHS), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, today reported third quarter 2024 results for the period ended September 30, 2024. Highlights include: Third Quarter 2024 Net revenue of $319 million Comparable growth(1) of (9.2)% Net and comprehensive income of $10 million Adjusted EBITDA of $23 million Year-to-Date 2024, through September 30 Net revenue of $924 million Comparable growth of (8.6)% Net and comprehensive income of $47 million Adjusted EBITDA of $92 million 2024 Outlook (Updated) Net revenue of $1.23 billion to $1.25 billion Comparable growth of (12.0)% to (11.0)% Net and comprehensive income of $55 million to $60 million Adjusted EBITDA(5) of $115 million to $125 million John Reed, Co-Founder and Chief Executive Officer, said, “Our third-quarter results demonstrate our team's commitment to operational excellence in a challenging environment.

Arhaus Reports Third Quarter 2024 Results

BOSTON HEIGHTS, Ohio, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Arhaus, Inc. (“Arhaus” or the “Company”) (NASDAQ: ARHS), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, will release its third quarter 2024 financial results on Thursday, November 7, 2024, before the market opens. A conference call to review the Company's financial and operational results and answer questions from the investment community will follow at 8:30 a.m.

Arhaus to Report Third Quarter 2024 Results on November 7, 2024

Arhaus, Inc. (ARHS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Arhaus, Inc. (ARHS) Q3 Earnings Expected to Decline

BOSTON HEIGHTS, Ohio, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Arhaus, a leader in artisan-crafted furniture and home décor, announces the opening of its new 17,000 square-foot showroom in Oklahoma City at OAK, the new mixed-use luxury development that opened just last month. This showroom marks the brand's first location in Oklahoma, with the nearest showrooms over 200 miles away in Dallas and Fort Worth, Texas.

Arhaus Announces Showroom in Oklahoma City, Oklahoma

Shares of Arhaus Inc (ARHS, Financial) fell 4.42% in mid-day trading on Oct 2. The stock reached an intraday low of $10.94, before recovering slightly to $11.24, down from its previous close of $11.76.

Arhaus Inc (ARHS) Shares Gap Down to $11.24 on Oct 2

NEW YORK, NY / ACCESSWIRE / September 29, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Arhaus, Inc. ("Arhaus" or the "Company") (NASDAQ: ARHS). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Arhaus, Inc. - ARHS

Arhaus faced challenging 2Q24 results with decelerating growth and decreased guidance, but management remains confident in long-term investments and market recovery. Despite the stock price being flat since January 2023, I maintain a Hold rating due to the stock's current overvaluation even when considering cycle-average earnings. The company experienced a significant drop in comparable sales and adjusted EBITDA, but continues to invest in store expansion and high-quality products.

Arhaus Stock Price Has Come Full Circle And Is More Reasonable, But Stock Not An Opportunity Yet

The premium home brand brings its second Arhaus Studio location in North Carolina to the Charlotte area The premium home brand brings its second Arhaus Studio location in North Carolina to the Charlotte area

Arhaus Opens Studio in Huntersville, North Carolina

NEW YORK, NY / ACCESSWIRE / August 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Arhaus, Inc. ("Arhaus") (NASDAQ:ARHS) concerning possible violations of federal securities laws. On August 8, 2024, Arhaus issued a press release announcing its financial results for the second quarter of 2024.

Arhaus, Inc. (ARHS) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights

NEW YORK, NY / ACCESSWIRE / August 28, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Arhaus, Inc. ("Arhaus") (NASDAQ:ARHS) concerning possible violations of federal securities laws. On August 8, 2024, Arhaus issued a press release announcing its financial results for the second quarter of 2024.

Levi & Korsinsky Reminds Arhaus Investors of the Ongoing Investigation into Potential Violations of Securities Laws - ARHS

Celebrating authentic expression, Arhaus' new collection inspires endless possibilities for infusing personal style into any home Celebrating authentic expression, Arhaus' new collection inspires endless possibilities for infusing personal style into any home

Arhaus Debuts Fall 2024 Collection

NEW YORK, NY / ACCESSWIRE / August 27, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Arhaus, Inc. ("Arhaus") (NASDAQ:ARHS) concerning possible violations of federal securities laws. On August 8, 2024, Arhaus issued a press release announcing its financial results for the second quarter of 2024.

Lost Money on Arhaus, Inc.(ARHS)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / August 25, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Arhaus, Inc. ("Arhaus") (NASDAQ:ARHS) concerning possible violations of federal securities laws. On August 8, 2024, Arhaus issued a press release announcing its financial results for the second quarter of 2024.

ARHS ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of Arhaus, Inc. Shareholders Who Lost Money

NEW YORK CITY, NY / ACCESSWIRE / August 25, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Arhaus, Inc. ("Arhaus" or "the Company") (NASDAQ:ARHS). Investors who purchased Arhaus securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/ARHS.

Arhaus, Inc. (ARHS) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK, NY / ACCESSWIRE / August 24, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Arhaus, Inc. ("Arhaus") (NASDAQ:ARHS) concerning possible violations of federal securities laws. On August 8, 2024, Arhaus issued a press release announcing its financial results for the second quarter of 2024.

Lost Money on Arhaus, Inc.(ARHS)? Contact Levi & Korsinsky Regarding an Ongoing Investigation

NEW YORK, NY / ACCESSWIRE / August 23, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Arhaus, Inc. ("Arhaus") (NASDAQ:ARHS) concerning possible violations of federal securities laws. On August 8, 2024, Arhaus issued a press release announcing its financial results for the second quarter of 2024.

Shareholders that Lost Money on Arhaus, Inc.(ARHS) Should Contact Levi & Korsinsky About Securities Fraud Investigation - ARHS

NEW YORK, NY / ACCESSWIRE / August 22, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Arhaus, Inc. ("Arhaus") (NASDAQ:ARHS) concerning possible violations of federal securities laws. On August 8, 2024, Arhaus issued a press release announcing its financial results for the second quarter of 2024.

Investors who lost money on Arhaus, Inc. should contact Levi & Korsinsky about an ongoing investigation - ARHS

ARHS ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Arhaus, Inc.

NEW YORK, NY / ACCESSWIRE / August 21, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Arhaus, Inc. ("Arhaus") (NASDAQ:ARHS) concerning possible violations of federal securities laws. On August 8, 2024, Arhaus issued a press release announcing its financial results for the second quarter of 2024.

Levi & Korsinsky Announces an Investigation on Behalf of Arhaus, Inc. (ARHS) Shareholders Who May Have Been Affected by Fraud

NEW YORK, NY / ACCESSWIRE / August 20, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Arhaus, Inc. ("Arhaus") (NASDAQ:ARHS) concerning possible violations of federal securities laws. On August 8, 2024, Arhaus issued a press release announcing its financial results for the second quarter of 2024.

Arhaus, Inc. Investigated Regarding Potential Securities Law Violations - Contact Levi & Korsinsky for Details- ARHS

NEW YORK, NY / ACCESSWIRE / August 19, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Arhaus, Inc. ("Arhaus") (NASDAQ:ARHS) concerning possible violations of federal securities laws. On August 8, 2024, Arhaus issued a press release announcing its financial results for the second quarter of 2024.

Arhaus, Inc. Investigated by Shareholder Rights Advocates - Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - ARHS

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