Arhaus Announces Third Quarter 2022 Financial Results
Arhaus, Inc. (ARHS)
Company Research
Source: GlobeNewswire
Net Revenue Up 57.4% with Comparable Growth of 54.3%Reaffirms Revenue Outlook and Raises Earnings Outlook for Full Year 2022 BOSTON HEIGHTS, Ohio, Nov. 10, 2022 (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, 2022. Third Quarter 2022 Highlights Net revenue increased 57.4% to $320 millionComparable Growth(1) of 54.3%Net and Comprehensive Income of $37 millionAdjusted Net Income of $38 millionAdjusted EBITDA increased 86.6% to $57 million Year-to-Date 2022 Highlights, through September 30 Net revenue increased 56.2% to $873 millionComparable Growth(1) of 53.5%Net and Comprehensive Income of $90 millionAdjusted Net Income of $95 millionAdjusted EBITDA increased 64.6% to $148 million 2022 Outlook Net revenue of $1,173 million to $1,193 millionComparable Growth(1) of 43% to 48%Net
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- Delving Into Arhaus (ARHS) Ahead of Q1 Earnings Release [Yahoo! Finance]Yahoo! Finance
- Arhaus: Less Attractive In FY2024 (Rating Downgrade) [Seeking Alpha]Seeking Alpha
- Arhaus Announces Showroom Opening in Greenwich, Connecticut [Yahoo! Finance]Yahoo! Finance
- Arhaus Announces Showroom Opening in Greenwich, ConnecticutGlobeNewswire
- The Best Cat-Proof Couches That Are Durable And Designer-Approved [Forbes]Forbes
ARHS
Earnings
- 3/7/24 - Beat
ARHS
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- ARHS's page on the SEC website