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 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 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 2023 Earnings Conference Call November 2, 2023 6:00 AM ET Company Participants Wendy Watson - Senior Vice President of Investor Relations John Reed - Co-Founder, Chairman and Chief Executive Officer Dawn Phillipson - Chief Financial Officer Jennifer Porter - Chief Marketing and eCommerce Officer Conference Call Participants Steven Forbes - Guggenheim Securities Seth Sigman - Barclays Maksim Rakhlenko - TD Cowen Jacquelyn Sussman - Morgan Stanley Peter Benedict - Baird Jeremy Hamblin - Craig-Hallum Jonathan Matuszewski - Jefferies Cristina Fernandez - Telsey Advisory Group Peter Keith - Piper Sandler Philip Blee - William Blair Vicki Liu - Bank of America Operator Good morning, and welcome to the Arhaus Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Arhaus, Inc. (ARHS) Q3 2023 Earnings Call Transcript

The home brand unveils a 12,263 square-foot destination at Walt Whitman Shops for sustainable furnishings and unmatched service The home brand unveils a 12,263 square-foot destination at Walt Whitman Shops for sustainable furnishings and unmatched service

Arhaus Welcomes a New Showroom to Huntington Station, New York

Introducing a 16,195 square-foot haven of premium home furnishings and exceptional customer service Introducing a 16,195 square-foot haven of premium home furnishings and exceptional customer service

Arhaus Unveils Its Latest Showroom Opening in Coral Gables, Florida

The headline numbers for Arhaus, Inc. (ARHS) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Arhaus, Inc. (ARHS) Reports Q3 Earnings: What Key Metrics Have to Say

Robust Demand Comparable Growth Continues in the Third Quarter Raises Midpoint of Full Year 2023 Outlook BOSTON HEIGHTS, Ohio, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Arhaus, Inc. (NASDAQ: ARHS; “Arhaus” or the “Company”), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, reported financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights Net revenue of $326 million Comparable Growth(1) of (2.1)% Net and Comprehensive Income of $20 million Adjusted Net Income of $20 million Adjusted EBITDA of $34 million Year-to-Date 2023 Highlights, through September 30 Net revenue of $944 million Comparable Growth(1) of 4.8% Net and Comprehensive Income of $94 million Adjusted Net Income of $95 million Adjusted EBITDA of $152 million 2023 Outlook Updated Net revenue of $1,265 million to $1,285 million Comparable Growth(1) of (1)% to 1% Net and Comprehensive Income of $112.5 million to $117.5 million Adjusted EBITDA of $192.5 million to $197.5 million CEO Comments John Reed, Co-Founder and Chief Executive Officer, commented, “We are very pleased with our third quarter financial performance and are raising the midpoint of our full year outlook for net revenue, net income and adjusted EBITDA.

Arhaus Announces Third Quarter 2023 Financial Results

Arhaus' (ARHS) third-quarter 2023 results are likely to have gained from robust demand for products, strength in the showroom and e-commerce channels and normalization of the supply chain.

Arhaus (ARHS) Gears Up to Post Q3 Earnings: Is a Beat in Store?

Arhaus, Inc. (ARHS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Arhaus, Inc. (ARHS) Beat Estimates Again in Its Next Earnings Report?

BOSTON HEIGHTS, Ohio, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Arhaus, a leader in artisan-crafted furniture and home décor, announces today the opening of its new 11,155 square-foot Arhaus showroom just west of downtown Hartford, Connecticut at Westfarms, the premier shopping center of central Connecticut in West Hartford, CT. The new Arhaus showroom will offer greater Hartford area residents an inspiring destination for high-quality furniture and décor alongside the center's merchandising mix of unique to market lifestyle, apparel, and restaurant brands.

Arhaus Opens New Showroom in West Hartford, Connecticut

Arhaus, Inc. (ARHS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Arhaus, Inc. (ARHS) Upgraded to Strong Buy: What Does It Mean for the Stock?

BOSTON HEIGHTS, Ohio, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Arhaus (NASDAQ: ARHS), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, will release its third quarter 2023 financial results before market open on Thursday, November 2, 2023. The Company will host a conference call at 8:30 a.m.

Arhaus to Report Third Quarter 2023 Financial Results on November 2, 2023

Arhaus is an omni-channel retailer of premium home furnishings with a strong brand and healthy balance sheet. The company faces challenges such as poor customer reviews, quality issues, and low employee satisfaction. Arhaus operates in a highly competitive market, and its sales are sensitive to the financial health of higher-end consumers and macroeconomic factors.

Arhaus: Quality Issues And Customer Satisfaction Overshadow Strong Growth

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Honoring the importance of individuality and tradition, 'Embracing Home' presents unique silhouettes, expressive color statements, and the introduction of Rooted, the first volume in Arhaus' new Storied series BOSTON HEIGHTS, Ohio , Aug. 23, 2023 /PRNewswire/ -- Arhaus (NASDAQ: ARHS), a leader in artisan-crafted and responsibly sourced home furnishings, debuts today its Fall 2023 Collection with the launch of its annual style issue, 'Embracing Home.' Presenting an array of new performance upholsteries, finishes, collections, and expansions that embrace unique silhouettes, resilient textures, and seasonably rich color statements, 'Embracing Home' emphasizes the comfort found in creating a home that is uniquely one's own.

ARHAUS INTRODUCES FALL 2023 COLLECTION

BOSTON HEIGHTS, Ohio, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Arhaus, Inc. (Nasdaq: ARHS) (“Arhaus” or the “Company”), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, announced today the pricing of the previously announced underwritten public offering of 12 million shares of the Company's Class A common stock (the “Offering”) by certain selling stockholders affiliated with Freeman Spogli & Co. (collectively, the “Selling Stockholders”), at a public offering price of $10.00 per share. The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1.8 million shares of the Company's Class A common stock at the public offering price, less the underwriting discount.

Arhaus Announces Pricing of Secondary Offering of Class A Common Stock by Selling Stockholders

BOSTON HEIGHTS, Ohio, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Arhaus, Inc. (Nasdaq: ARHS) (“Arhaus” or the “Company”), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, announced today that certain selling stockholders affiliated with Freeman Spogli & Co. (collectively, the “Selling Stockholders”) have commenced an underwritten public offering of 12 million shares of the Company's Class A common stock (the “Offering”). Additionally, the Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 1.8 million shares of the Company's Class A common stock. The proposed Offering is subject to market conditions, and there can be no assurance as to whether or when the proposed Offering may be completed or as to the actual size or terms of the proposed Offering.

Arhaus Announces Secondary Offering of Class A Common Stock by Selling Stockholders

Arhaus' (ARHS) Q2 results reflect higher net revenues and earnings, and solid demand comparable growth. It raises the 2023 net income and adjusted EBITDA outlook, while narrowing the net revenue view.

Arhaus (ARHS) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

Arhaus, Inc. (NASDAQ:ARHS ) Q2 2023 Results Conference Call August 9, 2023 8:30 AM ET Company Participants Wendy Watson - Senior Vice President of Investor Relations John Reed - Co-Founder, Chairman and Chief Executive Officer Dawn Phillipson - Chief Financial Officer Jen Porter - Chief Marketing and eCommerce Officer Conference Call Participants Julio Marquez - Guggenheim Jonathan Matuszewski - Jefferies Jackie Sussman - Morgan Stanley Peter Benedict - Baird Seth Sigman - Barclays Max Rakhlenko - TD Cowen Jeremy Hamblin - Craig-Hallum Peter Keith - Piper Sandler Curtis Nagle - Bank of America Cristina Fernandez - Telsey Group Operator Good morning, and welcome to the Arhaus Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Arhaus, Inc. (ARHS) Q2 2023 Earnings Call Transcript

Arhaus, Inc. (ARHS) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.28 per share a year ago.

Arhaus, Inc. (ARHS) Q2 Earnings Beat Estimates

Net Revenue Up with Strong Net Income and Adjusted EBITDA Robust Demand Comparable Growth in the Second Quarter

Arhaus Announces Second Quarter 2023 Financial Results

Arhaus (ARHS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Arhaus (ARHS) Ahead of Earnings?

Arhaus' (ARHS) second-quarter 2023 results are likely to have benefited from a solid demand environment, robust showroom and e-commerce channels and normalization of the supply chain.

Arhaus (ARHS) to Report Q2 Earnings: Is a Beat in Store?

Arhaus is a premium retailer of home furnishings, offering a range of products. ARHS stock has experienced impressive growth but is expected to stabilize its revenues in the current year. I believe that Arhaus has long-term growth potential that the stock's current price isn't pricing in.

News for Arhaus Stock (ARHS)