Arhaus, Inc. Stock Price, News & Analysis

Arhaus (NASDAQ: ARHS) will release its first quarter 2023 financial results on May 4, 2023, before market open. The lifestyle brand and omni-channel retailer, known for premium artisan-crafted home furnishings, will host a conference call at 8:30 a.m. Eastern Time the same day to discuss its financial and operational results. Investors can access the press release and conference call via the Company's website. The call is expected to provide insights into the Company's performance and future outlook, highlighting important metrics that could influence stock performance.

Arhaus (NASDAQ: ARHS) has unveiled its Outdoor 2023 Collection, titled 'Currents', designed to evoke coastal inspirations from locations like Costa Rica to New England. This collection features a variety of outdoor furnishings crafted from all-weather materials, including the Corfu and Roos Seating Collections. The new offerings include customizable dining options, accent pieces, and collections such as Oxford and Sonoma. With over 80 showrooms nationwide and robust online capabilities, Arhaus aims to enhance outdoor living experiences. The complete collection is available online and in-store, providing quality designs sustainably sourced from global artisans.

Arhaus, Inc. (NASDAQ: ARHS) reported significant financial growth for Q4 and the full year 2022. Fourth quarter net revenue surged 49.6% to $356 million, driven by improved supply chain and strong demand across sales channels. Full-year net revenue rose 54.2% to $1.229 billion, with net income up 270% to $137 million. Despite a promising outlook for 2023 with projected revenues of $1.240-$1.300 billion, the company anticipates comparable growth of -4% to 1% due to macroeconomic uncertainties and backlog delivery pull-forward. Adjusted EBITDA for 2022 reached $223 million, an 81.1% increase.