Arhaus Announces First Quarter 2024 Financial Results
Arhaus, Inc. (ARHS)
Company Research
Source: GlobeNewswire
BOSTON HEIGHTS, Ohio, May 09, 2024 (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 first quarter ended March 31, 2024. First Quarter 2024 Highlights Net revenue of $295 millionComparable growth(1) of (9.5)%Net and comprehensive income of $15 millionAdjusted EBITDA of $29 million 2024 Outlook Reaffirmed Net revenue of $1.33 billion to $1.37 billionComparable growth(1) of (4.0)% to (2.0)%Net and comprehensive income of $95 million to $105 millionAdjusted EBITDA of $185 million to $200 million CEO Comments John Reed, Co-Founder and Chief Executive Officer, commented, “I want to thank our teams for delivering a solid start to 2024 and executing on our key priorities. We are pleased to have exceeded our top and bottom line outlook for the quarter as the Arhaus team executed well, and first quarter benefited from the
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ARHS
News
- Arhaus, Inc. (ARHS) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsAccesswire
- Arhaus, Inc. (NASDAQ: ARHS) had its price target raised by analysts at TD Cowen from $18.00 to $19.00. They now have a "buy" rating on the stock.MarketBeat
- ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Arhaus, Inc. Investors to Inquire About Securities Class Action Investigation - ARHSPR Newswire
- IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Arhaus, Inc. and Encourages Investors to Contact the FirmAccesswire
- IMPORTANT SHAREHOLDER ALERT: The Schall Law Firm Announces it is Investigating Claims Against Arhaus, Inc. and Encourages Investors to Contact the FirmAccesswire
ARHS
Earnings
- 5/9/24 - Beat
ARHS
Sec Filings
- 5/17/24 - Form 8-K
- 5/17/24 - Form 4
- 5/15/24 - Form 144
- ARHS's page on the SEC website