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.

On January 25, 2023, Arhaus (NASDAQ: ARHS) launched its Spring 2023 Collection, titled 'A World of Discovery.' This collection features artisan-crafted home furnishings inspired by over 35 years of global travels. The new offerings include the Polanco Collection, made from salvaged wood, and the Condesa Collection, showcasing hand-carved hardwood. The collection aims to combine indoor and outdoor versatility, with significant pieces like the Cruz Outdoor Dining Table. The complete collection is available online and at over 80 showrooms nationwide, continuing Arhaus's commitment to sustainable sourcing and unique designs.

Arhaus (NASDAQ: ARHS) will announce its Q4 and full year 2022 financial results on March 9, 2023, before the market opens. The company will host a conference call at 8:30 a.m. ET the same day to discuss its financial and operational performance and respond to investor inquiries. Investors can access the press release and the conference call via the company’s website. With over 80 showroom locations and a robust online presence, Arhaus continues to grow as a lifestyle brand known for premium, artisan-crafted home furnishings.

Arhaus, a premium home furnishings retailer, expects record net revenue for 2022 exceeding $1 billion, with comparable growth of around 51%. Fourth-quarter demand comparable growth significantly improved, reaching approximately 10%. The company is optimistic despite economic challenges, planning to expand its showroom presence and enhance omni-channel capabilities. Current guidance for net revenue is projected between $1,223 million and $1,228 million, an increase from prior estimates of $1,173 million to $1,193 million, indicating robust performance going forward.

Arhaus, Inc. (NASDAQ: ARHS) reported a 57.4% increase in net revenue for Q3 2022, reaching $320 million, with comparable growth of 54.3%. Net income rose to $37 million from $14 million YoY, alongside adjusted EBITDA growth of 86.6% to $57 million. For the year, the company reaffirms its revenue outlook of $1.173 to $1.193 billion and raises net income expectations, estimating $109 to $115 million. CEO John Reed highlighted strong demand and effective growth strategies despite inflationary pressures.