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Arhaus, Inc. (ARHS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-05-10 14:30
Arhaus, Inc. (ARHS) reported $295.16 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 3.1%. EPS of $0.11 for the same period compares to $0.25 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $263.23 million, representing a surprise of +12.13%. The company delivered an EPS surprise of +450.00%, with the consensus EPS estimate being $0.02.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wal ...
Arhaus(ARHS) - 2024 Q1 - Quarterly Report
2024-05-10 10:38
Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Class A common stock, $0.001 par value per shareARHSThe Nasdaq Global Select Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the ...
Arhaus(ARHS) - 2024 Q1 - Earnings Call Transcript
2024-05-09 19:44
Arhaus, Inc. (NASDAQ:ARHS) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Wendy Watson - SVP, Investor Relations John Reed - Chairman, President, Chief Executive Officer, Founder Dawn Sparks - Chief Logistics Officer Jennifer Porter - Chief Marketing Officer Conference Call Participants Julio Marquez - Guggenheim Partners Jeremy Hamblin - Craig Hallum Simeon Gutman - Morgan Stanley Cristina Fernandez - Telsey Advisory Group Jeffrey Walter - Jefferies Justin Kleber - Robert W. B ...
Arhaus, Inc. (ARHS) Q1 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-05-09 12:40
Arhaus, Inc. (ARHS) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 450%. A quarter ago, it was expected that this company would post earnings of $0.16 per share when it actually produced earnings of $0.22, delivering a surprise of 37.50%.Over the last four quarters, the company has s ...
Arhaus(ARHS) - 2024 Q1 - Quarterly Results
2024-05-09 10:36
ARHAUS vour home ARHAUS ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS Net Revenue of $295 million, Net Income of $15 million, and Adjusted EBITDA of $29 million Reaf irming Full Year 2024 Outlook BOSTON HEIGHTS, Ohio—May 9, 2024—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 first quarter ended March 31, 2024. First Quarter 2024 Highlights • Net revenue of $29 ...
Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Arhaus, Inc. (ARHS)
Newsfilter· 2024-05-07 21:14
NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Arhaus, Inc. ("Arhaus" or the "Company") (NASDAQ:ARHS). The investigation concerns whether Arhaus and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here to learn more about the investigation] On April 29, 2024, Arhaus filed a Current Report on Form 8-K with the Securities and Exchange Commission ("SEC") ann ...
Arhaus Reschedules Release of First Quarter 2024 Financial Results and Conference Call
Newsfilter· 2024-04-29 20:15
BOSTON HEIGHTS, Ohio, April 29, 2024 (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, announced that it is rescheduling its first quarter 2024 earnings press release and investor conference call previously scheduled for Thursday, May 2, 2024. The Company now plans to release its first quarter 2024 financial results before market open on May 9, 2024. The Company will host a con ...
Delving Into Arhaus (ARHS) Ahead of Q1 Earnings Release
Zacks Investment Research· 2024-04-25 15:41
Arhaus, Inc. (ARHS) is likely to register a decrease in the top line when it reports first-quarter 2024 earnings results on May 2 before market open. The Zacks Consensus Estimate for revenues is pegged at $263.2 million, which indicates a decline of 13.6% from the prior-year reported figure.This lifestyle brand and omnichannel retailer of premium home furnishings is expected to observe a year-over-year decrease in its bottom line. The Zacks Consensus Estimate for first-quarter earnings per share has been st ...
Arhaus Announces Showroom Opening in Greenwich, Connecticut
Newsfilter· 2024-04-19 20:30
BOSTON HEIGHTS, Ohio, April 19, 2024 (GLOBE NEWSWIRE) -- Arhaus, a leader in artisan-crafted furniture and home décor, announces the opening of its new 5,300 square-foot showroom in Greenwich, Connecticut, located near the top of Greenwich Avenue in the city's downtown shopping district. This marks the brand's third showroom in Connecticut, with other locations in Farmington and Norwalk. The new Greenwich showroom is an inspiring destination for high quality furniture and home décor and offers complimentary ...
4 Stocks to Watch From the Challenging Retail-Miscellaneous Industry
Zacks Investment Research· 2024-04-16 14:40
As stimulus-driven spending gradually wanes and interest rates remain elevated, the Retail – Miscellaneous industry is facing a crucial moment. Consumers are exercising caution with their disposable income. This change in consumer sentiment is impacting different merchandise categories, posing challenges for businesses. The recent report from the Labor Department revealed a 0.4% increase in the consumer price index for March. This has dashed hopes of any recent cut in benchmark interest rates.Nonetheless, t ...