Arhaus, Inc. (ARHS) Q1 Earnings and Revenues Lag Estimates

Core Viewpoint - Arhaus, Inc. reported quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.06 per share, representing a 50% earnings surprise [1] - The company posted revenues of $311.37 million for the quarter, which was 0.55% below the Zacks Consensus Estimate and an increase from $295.16 million year-over-year [2] Financial Performance - The earnings for the same quarter last year were $0.11 per share, indicating a decline in earnings year-over-year [1] - Over the last four quarters, Arhaus has surpassed consensus EPS estimates two times [2] - The company has not beaten consensus revenue estimates in the last four quarters [2] Stock Performance - Arhaus shares have declined approximately 11.1% since the beginning of the year, compared to a 4.3% decline in the S&P 500 [3] - The current Zacks Rank for Arhaus is 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.15 on revenues of $329.52 million, and for the current fiscal year, it is $0.47 on revenues of $1.37 billion [7] - The outlook for the industry, specifically the Retail - Miscellaneous sector, is currently in the top 30% of Zacks industries, indicating a favorable environment for stock performance [8]