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Arhaus(ARHS) - 2024 Q3 - Quarterly Results
2024-11-07 11:36
A R H A U S . V R H A U ?. Vur home ARHAUS REPORTS THIRD QUARTER 2024 RESULTS BOSTON HEIGHTS, Ohio (November 7, 2024) — Arhaus, Inc. ("Arhaus" or the "Company") (NASDAQ: ARHS), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, today reported third quarter 2024 results for the period ended September 30, 2024. Highlights include: Third Quarter 2024 • Net revenue of $319 million • Comparable growth of (9.2)% • Net and comprehensive income of $10 million • ...
Arhaus Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-07 11:30
BOSTON HEIGHTS, Ohio, Nov. 07, 2024 (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, today reported third quarter 2024 results for the period ended September 30, 2024. Highlights include: Third Quarter 2024 Net revenue of $319 million Comparable growth(1) of (9.2)% Net and comprehensive income of $10 million Adjusted EBITDA of $23 million Year-to-Date 2024, through September 3 ...
Arhaus to Report Third Quarter 2024 Results on November 7, 2024
GlobeNewswire News Room· 2024-10-31 20:57
BOSTON HEIGHTS, Ohio, Oct. 31, 2024 (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, will release its third quarter 2024 financial results on Thursday, November 7, 2024, before the market opens. A conference call to review the Company’s financial and operational results and answer questions from the investment community will follow at 8:30 a.m. Eastern Time. Investors will be ...
Arhaus Announces Showroom in Oklahoma City, Oklahoma
GlobeNewswire News Room· 2024-10-18 20:52
BOSTON HEIGHTS, Ohio, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Arhaus, a leader in artisan-crafted furniture and home décor, announces the opening of its new 17,000 square-foot showroom in Oklahoma City at OAK, the new mixed-use luxury development that opened just last month. This showroom marks the brand's first location in Oklahoma, with the nearest showrooms over 200 miles away in Dallas and Fort Worth, Texas. As an anchor tenant of the new center, Arhaus promises an inspiring destination for high-quality furni ...
Arhaus Inc (ARHS) Shares Gap Down to $11.24 on Oct 2
GuruFocus· 2024-10-02 16:07
Shares of Arhaus Inc (ARHS, Financial) fell 4.42% in mid-day trading on Oct 2. The stock reached an intraday low of $10.94, before recovering slightly to $11.24, down from its previous close of $11.76. This places ARHS 43.26% below its 52-week high of $19.81 and 48.68% above its 52-week low of $7.56. Trading volume was 1,179,655 shares, 86.4% of the average daily volume of 1,365,943.Wall Street Analysts ForecastBased on the one-year price targets offered by 11 analysts, the average target price for Arhaus I ...
Arhaus Stock Price Has Come Full Circle And Is More Reasonable, But Stock Not An Opportunity Yet
Seeking Alpha· 2024-09-18 13:00
Arhaus (NASDAQ: ARHS ) 2Q24 results were challenging, with a deceleration in growth, comments about worsening trends at the end of the quarter, and a significant decrease in guidance. The company is confident that this is only the negative portionLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power ...
Arhaus Opens Studio in Huntersville, North Carolina
GlobeNewswire News Room· 2024-09-13 20:30
BOSTON HEIGHTS, Ohio, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Arhaus, a leader in artisan-crafted furniture and home décor, announces the opening of its new 7,310 square-foot Studio at Birkdale Village in Huntersville, North Carolina. Located in the northern Charlotte metropolitan area, near Lake Norman, Arhaus promises an inspiring destination for high-quality furniture and home décor alongside the center’s shopping, dining and entertainment offerings. Arhaus’ Huntersville Studio marks the brand’s fourth locati ...
Arhaus Debuts Fall 2024 Collection
GlobeNewswire News Room· 2024-08-27 12:55
BOSTON HEIGHTS, Ohio, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Arhaus (NASDAQ: ARHS), a leader in artisan-crafted and responsibly sourced home furnishings, introduces its Fall 2024 Collection. The new line showcases an array of unforgettable silhouettes, mixed materials, luxurious textures, and innovative motion and reclining designs, solidifying Arhaus as the ultimate destination to discover and express personal style at home. The complete collection is now available online at Arhaus.com and in more than 100 Arh ...
Johnson Fistel Begins Investigation into Arhaus Following a Significant Drop in the Company's Stock
GlobeNewswire News Room· 2024-08-14 19:50
Core Points - Johnson Fistel, LLP is investigating Arhaus, Inc. for potential violations of securities laws related to misrepresentation or failure to disclose material adverse information to investors [1] - Arhaus went public on November 4, 2021, selling 12.9 million shares at $13.00 per share during its IPO [1] - On April 29, 2024, Arhaus announced that its previously issued financial statements for the period ended September 30, 2023, should no longer be relied upon due to identified errors, which will require restatement [2] - The errors identified by Arhaus are related to cash receipts from landlord reimbursements and resulted in an estimated impact of $1 million to $5 million on cash flows for the nine months ended September 30, 2023 [2] - Following the April 29 disclosure, Arhaus's stock price fell by $0.80, or 5.94%, closing at $12.66 per share [2] - On August 8, 2024, Arhaus reported second-quarter revenue of $310 million, a year-over-year decline of 0.9%, which was below consensus estimates by $4.28 million [3] - After the second-quarter results announcement, Arhaus's stock price dropped by $1.74, or 12.57%, closing at $12.10 per share [3]
ARHAUS ALERT: Bragar Eagel & Squire, P.C. is Investigating Arhaus, Inc. on Behalf of Arhaus Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-08-13 01:00
NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Arhaus, Inc. (“Arhaus” or the “Company”) (NASDAQ: ARHS) on behalf of Arhaus stockholders. Our investigation concerns whether Arhaus has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On or around November 4, 2021, Arhaus conducted its initial public offering ( ...