[Executive Summary & Business Highlights](index=1&type=section&id=1.%20Executive%20Summary%20%26%20Business%20Highlights) [Third Quarter 2024 Performance Overview](index=1&type=section&id=1.1%20Third%20Quarter%202024%20Performance%20Overview) Arhaus reported decreased net revenue and profitability for Q3 2024, primarily due to lower demand and the non-recurrence of prior year's abnormal backlog deliveries Third Quarter 2024 Key Financials: | Metric | Q3 2024 | Q3 2023 | | :-------------------------- | :---------- | :---------- | | Net revenue | $319 million | $326 million | | Comparable growth | (9.2)% | N/A | | Net and comprehensive income | $10 million | $20 million | | Adjusted EBITDA | $23 million | $34 million | [Year-to-Date 2024 Performance Overview](index=1&type=section&id=1.2%20Year-to-Date%202024%20Performance%20Overview) For the nine months ended September 30, 2024, Arhaus reported a slight decrease in net revenue and a significant decline in net income and Adjusted EBITDA compared to the prior year Year-to-Date 2024 Key Financials (through September 30): | Metric | YTD 2024 | YTD 2023 | | :-------------------------- | :---------- | :---------- | | Net revenue | $924 million | $943.7 million | | Comparable growth | (8.6)% | N/A | | Net and comprehensive income | $47 million | $94 million | | Adjusted EBITDA | $92 million | $152.2 million | [Updated 2024 Financial Outlook](index=1&type=section&id=1.3%20Updated%202024%20Financial%20Outlook) Arhaus lowered its full-year 2024 outlook for net revenue, comparable growth, net income, and Adjusted EBITDA, reflecting a tempered consumer environment Updated 2024 Full Year Outlook: | Metric | Current Guidance | Previous Guidance | | :-------------------------- | :--------------------------------- | :--------------------------------- | | Net revenue | $1.23 billion to $1.25 billion | $1.25 billion to $1.29 billion | | Comparable growth | (12)% to (11)% | (11)% to (8)% | | Net income | $55 million to $60 million | $55 million to $75 million | | Adjusted EBITDA | $115 million to $125 million | $125 million to $145 million | Q4 2024 Guidance: | Metric | Q4 Guidance | | :---------------- | :--------------------------------- | | Net revenue | $306 million to $326 million | | Comparable growth | (22)% to (16)% | | Net income | $8 million to $13 million | | Adjusted EBITDA | $23 million to $33 million | [CEO Commentary and Strategic Focus](index=1&type=section&id=1.4%20CEO%20Commentary%20and%20Strategic%20Focus) CEO John Reed affirmed commitment to long-term growth through premium offerings and showroom expansion, navigating a tempered consumer environment with a strong, debt-free balance sheet - Focus on long-term growth strategy grounded in premium, livable luxury offerings and exceptional client experience[1](index=1&type=chunk) - Committed to expanding presence with **ten new showrooms** opened year-to-date and an eleventh opening soon[1](index=1&type=chunk) - Adjusting full-year outlook to reflect a continued tempered consumer environment, which is believed to be temporary[2](index=2&type=chunk) - Strong, **debt-free balance sheet** enables continued prudent investment in strategic priorities[2](index=2&type=chunk) [Detailed Financial Performance](index=1&type=section&id=2.%20Detailed%20Financial%20Performance) [Third Quarter 2024 Results](index=1&type=section&id=2.1%20Third%20Quarter%202024%20Results) Arhaus's Q3 2024 results showed declines in revenue, gross margin, net income, and Adjusted EBITDA, primarily due to reduced demand and increased operating costs [Revenue and Growth Metrics](index=1&type=section&id=2.1.1%20Revenue%20and%20Growth%20Metrics) Q3 2024 Revenue and Growth: | Metric | Q3 2024 | Q3 2023 | Change (YoY) | | :-------------------- | :---------- | :---------- | :----------- | | Net revenue | $319 million | $326 million | -$7 million | | Comparable growth | (9.2)% | N/A | N/A | | Demand comparable growth | (11.3)% | N/A | N/A | - The decrease in net revenue was primarily related to the non-recurrence of prior year abnormal backlog deliveries and lower total demand[3](index=3&type=chunk) [Profitability Analysis (Gross Margin, SG&A, Net Income, Adjusted EBITDA)](index=2&type=section&id=2.1.2%20Profitability%20Analysis%20(Gross%20Margin,%20SG%26A,%20Net%20Income,%20Adjusted%20EBITDA)) Q3 2024 Profitability: | Metric | Q3 2024 | Q3 2023 | Change (YoY) | | :--------------------------------- | :---------- | :---------- | :----------- | | Gross margin | $123 million | $131 million | -$8 million | | Selling, general and administrative expenses | $112 million | $107 million | +$5 million | | Net and comprehensive income | $10 million | $20 million | -$10 million | | Adjusted EBITDA | $23 million | $34 million | -$11 million | | Adjusted EBITDA as % of net revenue | 7.2% | 10.3% | -3.1 pp | - Gross margin decrease driven by lower net revenue and higher Showroom costs due to expansion[4](index=4&type=chunk) - SG&A increase primarily due to legal costs, marketing investments, and strategic investments (supply chain, technology), partially offset by non-recurrence of prior year's donation[5](index=5&type=chunk) [Year-to-Date 2024 Results](index=1&type=section&id=2.2%20Year-to-Date%202024%20Results) For the first nine months of 2024, Arhaus reported a slight revenue decline and substantial reductions in profitability, with gross margin and net income significantly lower [Revenue and Growth Metrics](index=1&type=section&id=2.2.1%20Revenue%20and%20Growth%20Metrics) YTD 2024 Revenue and Growth (Nine Months Ended Sep 30): | Metric | YTD 2024 | YTD 2023 | Change (YoY) | | :-------------------- | :---------- | :---------- | :----------- | | Net revenue | $924.1 million | $943.7 million | -$19.6 million | | Comparable growth | (8.6)% | N/A | N/A | [Profitability Analysis (Gross Margin, SG&A, Net Income, Adjusted EBITDA)](index=7&type=section&id=2.2.2%20Profitability%20Analysis%20(Gross%20Margin,%20SG%26A,%20Net%20Income,%20Adjusted%20EBITDA)) YTD 2024 Profitability (Nine Months Ended Sep 30): | Metric | YTD 2024 | YTD 2023 | Change (YoY) | | :--------------------------------- | :---------- | :---------- | :----------- | | Gross margin | $362.5 million | $399.2 million | -$36.7 million | | Selling, general and administrative expenses | $304.1 million | $275.9 million | +$28.2 million | | Net and comprehensive income | $47.3 million | $94.0 million | -$46.7 million (49.7%) | | Adjusted EBITDA | $92.1 million | $152.2 million | -$60.1 million (39.5%) | | Adjusted EBITDA as % of net revenue | 10.0% | 16.1% | -6.1 pp | YTD 2024 Net and Comprehensive Income Per Share (Nine Months Ended Sep 30): | Metric | YTD 2024 | YTD 2023 | | :--------------------------------- | :---------- | :---------- | | Net and comprehensive income per share, basic | $0.34 | $0.67 | | Net and comprehensive income per share, diluted | $0.34 | $0.67 | [Financial Position and Cash Flows](index=2&type=section&id=3.%20Financial%20Position%20and%20Cash%20Flows) [Balance Sheet Highlights](index=2&type=section&id=3.1%20Balance%20Sheet%20Highlights) As of September 30, 2024, Arhaus maintained a strong financial position with no long-term debt, with total assets increasing while cash and cash equivalents decreased Balance Sheet Highlights (as of September 30, 2024): | Metric | Sep 30, 2024 | Dec 31, 2023 | Change | | :-------------------------- | :---------- | :---------- | :---------- | | Cash and cash equivalents | $177.7 million | $223.1 million | -$45.4 million | | Net merchandise inventory | $294.6 million | $254.3 million | +$40.3 million | | Client deposits | $224.1 million | $173.8 million | +$50.3 million | | Total assets | $1,209.3 million | $1,105.1 million | +$104.2 million | | Total liabilities | $888.7 million | $764.9 million | +$123.8 million | | Total stockholders' equity | $320.6 million | $340.2 million | -$19.6 million | - The Company had **no long-term debt** at September 30, 2024[7](index=7&type=chunk) [Cash Flow Activities](index=2&type=section&id=3.2%20Cash%20Flow%20Activities) For the nine months ended September 30, 2024, operating cash flow decreased, while investing and financing cash outflows increased due to capital expenditures and a special dividend Cash Flow Activities (Nine Months Ended Sep 30): | Metric | YTD 2024 | YTD 2023 | Change | | :--------------------------------- | :---------- | :---------- | :---------- | | Net cash provided by operating activities | $115.4 million | $147.9 million | -$32.5 million | | Net cash used in investing activities | $88.7 million | $58.5 million | +$30.2 million | | Company-funded capital expenditures | ~$62 million | ~$47 million | +$15 million | | Net cash used in financing activities | $72.1 million | $1.5 million | +$70.6 million | | Cash dividend payments | $70.1 million | $0 million | +$70.1 million | - Net cash used in financing activities was primarily due to the payment of a special dividend on Class A and Class B common stock[9](index=9&type=chunk) [Business Operations and Strategy](index=1&type=section&id=4.%20Business%20Operations%20and%20Strategy) [Showroom Expansion](index=1&type=section&id=4.1%20Showroom%20Expansion) Arhaus continues strategic expansion, opening ten new showrooms year-to-date with an eleventh planned, bringing the total to 101 showrooms across 29 states - **Ten new showrooms** opened already this year, with an eleventh opening soon in Corte Madera, California[1](index=1&type=chunk) - The Company ended the third quarter with **101 total Showrooms** across 29 states[10](index=10&type=chunk) [Operational and Strategic Investments](index=1&type=section&id=4.2%20Operational%20and%20Strategic%20Investments) Despite a challenging consumer environment, Arhaus remains committed to prudent strategic investments in supply chain and technology to support long-term growth - Continued prudent investment in strategic priorities, enabled by a strong, **debt-free balance sheet**[2](index=2&type=chunk) - Strategic investments include supply chain and technology improvements to support and drive business growth[5](index=5&type=chunk) - Focus on long-term growth strategy grounded in premium, livable luxury offerings and exceptional client experience[1](index=1&type=chunk) [Full Year 2024 Outlook](index=3&type=section&id=5.%20Full%20Year%202024%20Outlook) [Updated Financial Guidance](index=3&type=section&id=5.1%20Updated%20Financial%20Guidance) Arhaus revised its full-year 2024 financial guidance downwards for net revenue, comparable growth, net income, and Adjusted EBITDA, reflecting a cautious consumer environment Updated Full Year 2024 Guidance: | Metric | Current Guidance | Previous Guidance | | :-------------------------- | :--------------------------------- | :--------------------------------- | | Net revenue | $1.23 billion to $1.25 billion | $1.25 billion to $1.29 billion | | Comparable growth | (12)% to (11)% | (11)% to (8)% | | Net income | $55 million to $60 million | $55 million to $75 million | | Adjusted EBITDA | $115 million to $125 million | $125 million to $145 million | | Company-funded capital expenditures | ~$80 million | $80 million to $100 million | | Depreciation & amortization | ~$40 million | $40 million to $45 million | Q4 2024 Guidance: | Metric | Q4 Guidance | | :---------------- | :--------------------------------- | | Net revenue | $306 million to $326 million | | Comparable growth | (22)% to (16)% | | Net income | $8 million to $13 million | | Adjusted EBITDA | $23 million to $33 million | [Key Assumptions and Definitions](index=3&type=section&id=5.2%20Key%20Assumptions%20and%20Definitions) The outlook defines key performance indicators like comparable growth and clarifies that Adjusted EBITDA guidance is not reconciled to GAAP due to unpredictable reconciling items - Comparable growth is defined as the year-over-year percentage change of delivered orders (net of returns) from comparable Showrooms and eCommerce[12](index=12&type=chunk) - Demand comparable growth is defined as the year-over-year percentage change of demand from comparable Showrooms and eCommerce[12](index=12&type=chunk) - Adjusted EBITDA guidance is not reconciled to the corresponding GAAP financial measure because the company does not provide guidance for various reconciling items, which are outside of its control and cannot be reasonably predicted[12](index=12&type=chunk) [Company Information and Disclosures](index=3&type=section&id=6.%20Company%20Information%20and%20Disclosures) [About Arhaus](index=3&type=section&id=6.1%20About%20Arhaus) Founded in 1986, Arhaus is a rapidly growing omni-channel retailer of premium home furnishings, known for its proprietary sourcing, sustainable practices, and client-first service - Founded in 1986, Arhaus is a rapidly growing lifestyle brand and omni-channel retailer of premium home furnishings[15](index=15&type=chunk) - Utilizes a differentiated proprietary model to directly design and source products globally, offering an exclusive assortment of heirloom quality, sustainably sourced, and durable products[15](index=15&type=chunk) - Known for innovative design, responsible sourcing, and client-first service, with **over 100 showrooms**, design centers, complimentary in-home design services, and robust online capabilities[15](index=15&type=chunk)[16](index=16&type=chunk) [Non-GAAP Financial Measures Explanation](index=4&type=section&id=6.2%20Non-GAAP%20Financial%20Measures%20Explanation) The company uses non-GAAP measures like Adjusted EBITDA for performance assessment, providing a supplemental view by removing non-recurring items, but cautions they are not GAAP substitutes or comparable across companies - Non-GAAP measures, such as Adjusted EBITDA, are used to assess business performance, identify trends, formulate business plans, and make strategic decisions[18](index=18&type=chunk) - These measures provide an informative supplemental view by removing the effect of non-recurring items[18](index=18&type=chunk) - Non-GAAP measures are not a substitute for, or superior to, measures of financial performance prepared in accordance with U.S. GAAP and may not be comparable to other companies' similarly titled measures[18](index=18&type=chunk) [Forward-Looking Statements Disclaimer](index=4&type=section&id=6.3%20Forward-Looking%20Statements%20Disclaimer) The report contains forward-looking statements, especially regarding the 2024 outlook, subject to risks and uncertainties that could cause actual results to differ materially, with no obligation to update - Certain statements, including those under '2024 Outlook (Updated)' and '2024 Outlook', are forward-looking statements[19](index=19&type=chunk) - These statements involve known and unknown risks, uncertainties, and other important factors beyond the company's control that could cause actual results to differ materially[20](index=20&type=chunk) - Risks include managing growth, merchandise quality, distribution disruptions, cyberattacks, data privacy, supply chain constraints, economic conditions, consumer preferences, competition, intellectual property, regulations, eCommerce, and transportation costs[20](index=20&type=chunk)[21](index=21&type=chunk) - The Company assumes no obligation to update any forward-looking statement, except as may be required by law[21](index=21&type=chunk) [Condensed Consolidated Financial Statements](index=6&type=section&id=7.%20Condensed%20Consolidated%20Financial%20Statements) [Condensed Consolidated Balance Sheets](index=6&type=section&id=7.1%20Condensed%20Consolidated%20Balance%20Sheets) The balance sheet presents Arhaus's financial position as of September 30, 2024, detailing assets, liabilities, and stockholders' equity compared to December 31, 2023 Condensed Consolidated Balance Sheets (amounts in thousands): | Metric | Sep 30, 2024 | Dec 31, 2023 | | :--------------------------------- | :---------- | :---------- | | Total current assets | $509,260 | $509,295 | | Total assets | $1,209,311 | $1,105,148 | | Total current liabilities | $415,675 | $342,347 | | Total liabilities | $888,666 | $764,910 | | Total stockholders' equity | $320,645 | $340,238 | [Condensed Consolidated Statements of Comprehensive Income](index=7&type=section&id=7.2%20Condensed%20Consolidated%20Statements%20of%20Comprehensive%20Income) This statement details Arhaus's revenues, expenses, and net income for the three and nine months ended September 30, 2024, indicating a decline in profitability compared to prior year periods Condensed Consolidated Statements of Comprehensive Income (amounts in thousands): | Metric | 9 Months Ended Sep 30, 2024 | 9 Months Ended Sep 30, 2023 | 3 Months Ended Sep 30, 2024 | 3 Months Ended Sep 30, 2023 | | :--------------------------------- | :-------------------------- | :-------------------------- | :-------------------------- | :-------------------------- | | Net revenue | $924,096 | $943,696 | $319,133 | $326,229 | | Gross margin | $362,498 | $399,215 | $123,072 | $130,857 | | Income from operations | $58,413 | $123,325 | $10,671 | $23,880 | | Net and comprehensive income | $47,256 | $94,023 | $9,923 | $19,741 | | Net and comprehensive income per share, basic | $0.34 | $0.67 | $0.07 | $0.14 | | Net and comprehensive income per share, diluted | $0.34 | $0.67 | $0.07 | $0.14 | [Condensed Consolidated Statements of Cash Flows](index=8&type=section&id=7.3%20Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) The cash flow statement details sources and uses of cash for operating, investing, and financing activities for the nine months ended September 30, 2024, showing a net decrease in cash and cash equivalents Condensed Consolidated Statements of Cash Flows (amounts in thousands): | Metric | 9 Months Ended Sep 30, 2024 | 9 Months Ended Sep 30, 2023 | | :--------------------------------- | :-------------------------- | :-------------------------- | | Net cash provided by operating activities | $115,426 | $147,870 | | Net cash used in investing activities | ($88,686) | ($58,475) | | Net cash used in financing activities | ($72,107) | ($1,527) | | Net (decrease) increase in cash, cash equivalents and restricted cash | ($45,367) | $87,868 | | Cash, cash equivalents and restricted cash, end of period | $180,938 | $240,395 | [Reconciliation of Net Income to Adjusted EBITDA](index=9&type=section&id=7.4%20Reconciliation%20of%20Net%20Income%20to%20Adjusted%20EBITDA) This section reconciles net income to Adjusted EBITDA for the three and nine months ended September 30, 2024 and 2023, detailing adjustments made to derive this non-GAAP measure Reconciliation of Net Income to Adjusted EBITDA (amounts in thousands): | Metric | 9 Months Ended Sep 30, 2024 | 9 Months Ended Sep 30, 2023 | 3 Months Ended Sep 30, 2024 | 3 Months Ended Sep 30, 2023 | | :--------------------------------- | :-------------------------- | :-------------------------- | :-------------------------- | :-------------------------- | | Net and comprehensive income | $47,256 | $94,023 | $9,923 | $19,741 | | EBITDA | $86,755 | $145,502 | $21,107 | $31,257 | | Adjusted EBITDA | $92,107 | $152,246 | $23,108 | $33,660 | | Adjusted EBITDA as a % of net revenue | 10.0% | 16.1% | 7.2% | 10.3% |

Core Insights - Arhaus, Inc. reported a net revenue of $319 million for Q3 2024, reflecting a decrease from $326 million in Q3 2023, primarily due to lower demand and the absence of prior year backlog deliveries [4][6] - The company experienced a comparable growth decline of (9.2)% in Q3 2024, with demand comparable growth at (11.3)% [5][6] - Adjusted EBITDA for Q3 2024 was $23 million, down from $34 million in the same quarter of the previous year, representing 7.2% of net revenue compared to 10.3% in Q3 2023 [7][29] Year-to-Date Performance - For the year-to-date period ending September 30, 2024, Arhaus reported net revenue of $924 million, a decrease from $943 million in the same period of 2023, with a comparable growth of (8.6)% [4][25] - Year-to-date net and comprehensive income was $47 million, down from $94 million in 2023 [26] - Adjusted EBITDA for the nine months ended September 30, 2024, was $92 million, compared to $152 million in the prior year [29] Financial Outlook - The updated outlook for full-year 2024 projects net revenue between $1.23 billion and $1.25 billion, with comparable growth expected to decline by (12.0)% to (11.0)% [2][14] - Net income is anticipated to be between $55 million and $60 million, with adjusted EBITDA projected at $115 million to $125 million [2][14] Operational Highlights - The company opened ten new showrooms in 2024, with an eleventh set to open in Corte Madera, California [2] - As of September 30, 2024, Arhaus maintained a strong balance sheet with cash and cash equivalents totaling $178 million and no long-term debt [8][11] - Client deposits increased by $50 million to $224 million compared to the end of 2023, indicating a positive trend in customer engagement [8] Cost Management - Selling, general, and administrative expenses rose to $112 million in Q3 2024, up from $107 million in Q3 2023, driven by legal costs and marketing investments [6][10] - Gross margin for Q3 2024 was $123 million, down from $131 million in the same quarter of 2023, attributed to lower net revenue and higher showroom costs [5][6]

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 ...

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 ...

Group 1 - Arhaus Inc (ARHS) shares fell 4.42% on October 2, reaching an intraday low of $10.94 before slightly recovering to $11.24, down from the previous close of $11.76 [1] - The current stock price is 43.26% below its 52-week high of $19.81 and 48.68% above its 52-week low of $7.56 [1] - Trading volume was 1,179,655 shares, which is 86.4% of the average daily volume of 1,365,943 [1] Group 2 - The average one-year price target for Arhaus Inc, based on estimates from 11 analysts, is $14.64, indicating a potential upside of 30.22% from the current price of $11.24 [2] - The average brokerage recommendation for Arhaus Inc is 1.8, suggesting an "Outperform" status on a scale where 1 is Strong Buy and 5 is Sell [2] - GuruFocus estimates the GF Value for Arhaus Inc in one year to be $11.69, suggesting a 4% upside from the current price of $11.24 [2]

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 ...

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 ...

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 ...

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]

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 ( ...