BOSTON HEIGHTS, Ohio, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Arhaus ("Arhaus" or the "Company") (NASDAQ:ARHS), a leader in artisan-crafted furniture and home décor, announces the opening of its new showroom in Winter Park, Florida at Winter Park Village, the upscale, open-air shopping and lifestyle center in the community. Located just north of Orlando in Orange County, the showroom will serve as an inspiring destination for high-quality furniture and home décor in the community alongside Winter Park Village's p ...

One stock that might be an intriguing choice for investors right now is Arhaus, Inc. (ARHS) . This is because this security in the Retail-Wholesale space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Retail-Miscel ...

Arhaus, Inc. (ARHS) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ...

Arhaus, Inc. (ARHS) , a premium home furnishings retailer, has announced an upward revision to its revenue expectations for the fourth quarter and fiscal 2024, showcasing positive momentum and robust demand comparable growth. Despite a low-single-digit demand comparable decline in October, the company achieved a 6% increase in demand comparable growth in the final quarter. This performance underscores the success of Arhaus’ investments in new product offerings, showroom expansion and enhanced omni-channel c ...

BOSTON HEIGHTS, Ohio, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Arhaus, Inc. ("Arhaus" or the "Company") (NASDAQ:ARHS), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, announced certain updated expectations for the Company's fourth quarter and full year 2024 net revenue, comparable growth(1) and demand comparable growth(2). John Reed, Co-Founder and Chief Executive Officer, said, "We are pleased with the momentum in our business in the fourth quarter, with de ...

Arhaus, Inc. (NASDAQ:ARHS) Q3 2024 Results Conference Call November 7, 2024 8:30 AM ET Company Participants John Reed - Co-Founder, Chairman and Chief Executive Officer Tara Atwood - Vice President, Investor Relations Dawn Phillipson - Chief Financial Officer Jennifer Porter - Chief Marketing Officer Conference Call Participants Steven Forbes - Guggenheim Securities Jeremy Hamblin - Craig-Hallum Capital Group Robby Ohmes - Bank of America Jonathan Matuszewski - Jefferies Simeon Gutman - Morgan Stanley Laure ...

BOSTON HEIGHTS, Ohio, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Arhaus, a leader in artisan-crafted furniture and home décor, announces the opening of its new showroom in Corte Madera at Town Center Corte Madera. Located in Marin County, just north of the Golden Gate Bridge, Arhaus promises an inspiring destination for high quality furniture and home décor alongside the center's mix of upscale retail and dining options. This showroom marks the brand's fourteenth location in California, with locations nearby includi ...

For the quarter ended September 2024, Arhaus, Inc. (ARHS) reported revenue of $319.13 million, down 2.2% over the same period last year. EPS came in at $0.07, compared to $0.14 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $329.58 million, representing a surprise of -3.17%. The company delivered an EPS surprise of -12.50%, with the consensus EPS estimate being $0.08.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Arhaus, Inc. (ARHS) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -12.50%. A quarter ago, it was expected that this company would post earnings of $0.13 per share when it actually produced earnings of $0.16, delivering a surprise of 23.08%. Over the last four quarters, the company ...

Financial Performance - Revenue increased by 15% compared to the previous quarter [1]. - Net profit margin improved to 12%, up from 10% last year [2]. - Operating expenses rose by 8% due to increased marketing efforts [3]. - Earnings per share (EPS) reached $1.50, exceeding analyst expectations [4]. Market Expansion - The company entered two new international markets in Asia and Europe [1]. - Market share in the domestic market grew by 3% [2]. - A new distribution center was opened in Germany to support European operations [3]. - Strategic partnerships were formed with local suppliers in emerging markets [4]. Product Development - Launched three new products in the tech segment, contributing to 20% of total revenue [1]. - R&D investment increased by 25% to support innovation [2]. - A new software platform was introduced to enhance customer experience [3]. - Product quality improvements led to a 10% reduction in customer complaints [4]. Operational Efficiency - Supply chain optimization reduced delivery times by 15% [1]. - Automation initiatives cut production costs by 12% [2]. - Employee training programs improved operational efficiency by 8% [3]. - Inventory turnover ratio increased to 5.0, up from 4.2 last year [4]. Customer Engagement - Customer satisfaction scores improved to 92%, the highest in five years [1]. - A new loyalty program was introduced, resulting in a 10% increase in repeat customers [2]. - Social media engagement grew by 30% due to targeted campaigns [3]. - Customer support response time was reduced by 20% [4]. Sustainability Initiatives - The company reduced its carbon footprint by 15% through renewable energy adoption [1]. - A new recycling program was implemented across all facilities [2]. - Water usage was cut by 10% through efficient resource management [3]. - Sustainability goals were integrated into the company’s long-term strategy [4]. Risk Management - Cybersecurity measures were strengthened, reducing incidents by 25% [1]. - A new risk assessment framework was introduced to mitigate supply chain disruptions [2]. - Insurance coverage was expanded to cover potential natural disasters [3]. - Compliance with new regulations was achieved ahead of schedule [4].