Arhaus (ARHS) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Company Participants Tara Atwood - Vice President, Head of Investor RelationsJohn Reed - Founder, Chairman, CEO & Board of DirectorJennifer Porter - Chief Marketing & eCommerce OfficerRyan Brody - SVP - FinanceJulio Marquez - Equity Research AssociateW. Andrew Carter - Vice PresidentPeter Benedict - Managing Director - Equity ResearchSimeon Gutman - Managing Director Conference Call Participants None - AnalystCristina Fernández - Managing Director ...

Financial Data and Key Metrics Changes - Net revenue for Q1 2025 was $311 million, representing a 5.5% year-over-year increase, landing near the midpoint of guidance [34] - Demand comparable growth was 4.1%, driven by strong client engagement across retail and e-commerce channels [34][35] - Gross margin was $116 million, up 0.4% year-over-year, but as a percentage of net revenue, it decreased by 190 basis points to 37.1% due to higher occupancy costs [35] - Net income was $5 million, landing near the midpoint of guidance, while adjusted EBITDA was $19 million, at the lower end of guidance [36][37] Business Line Data and Key Metrics Changes - Showroom growth contributed significantly to net revenue, with five total showroom projects completed in Q1 2025, including one new traditional showroom and four strategic relocations [17][18] - The company plans to complete approximately 12 to 15 total showroom projects in 2025, increasing from the previous estimate of three to five new showrooms [18] Market Data and Key Metrics Changes - The U.S. represented approximately 36% of total receipts, with over 70% of upholstery business sourced domestically [10][11] - China accounted for about 13% of total product receipts in April, expected to decline to approximately 5% in Q3 and around 1% in Q4 [11] Company Strategy and Development Direction - The company is focused on long-term growth through disciplined execution, strategic investments, and expanding showroom footprint [5][6] - The management emphasizes a differentiated model based on high-quality design and premium client experience as a competitive advantage [6][17] - The company is investing in technology and e-commerce to enhance the client experience and strengthen omnichannel capabilities [15][30] Management's Comments on Operating Environment and Future Outlook - Management acknowledged near-term volatility due to tariff news and stock market fluctuations but remains confident in the long-term strategy [22][24] - The company is proactively managing tariffs through sourcing diversification and expects to mitigate some of the tariff impacts through strategic sourcing shifts [38][39] Other Important Information - The company remains debt-free with $214 million in cash and cash equivalents, providing flexibility for strategic investments [5][37] - A new Chief Financial Officer, Michael Lee, will join the company on May 12, bringing extensive financial leadership experience [7] Q&A Session Summary Question: How will the company manage its holistic value proposition and protect margins during 2025? - Management expressed confidence in maintaining margins and emphasized a long-term focus on healthy sales and executing their plan [44][46] Question: Are there any changes in consumer engagement trends since early April? - Management noted that while there was softness in April due to market conditions, overall demand remains strong, and clients continue to prioritize quality [50][52] Question: Can you provide perspective on the low end of the comps guidance? - The widening of guidance ranges accounts for potential continued volatility throughout the year, with management planning to adjust as needed [58] Question: How much of the $10 million tariff impact can be mitigated through strategic sourcing shifts? - Management indicated that they have worked with partners to absorb some costs and believe the remaining $10 million is manageable [62] Question: What is the strategy regarding showroom openings amid softening demand? - Management confirmed plans to continue opening new showrooms, viewing them as long-term investments that will capture market share when demand rebounds [96][98]

KH Group PlcPress Release 8 May 2025 at 3:00 pm EEST KH Group: Indoor Group updated its financing agreement KH Group’s subsidiary Indoor Group has updated its agreement with the financing provider. In accordance with the updated agreement the financing provider will not demand the repayment of loans, provided that certain conditions are met. The validity of the agreement has been extended until 31 August 2025. The parties have engaged in negotiations on the terms of validity of Indoor Group's financing for ...

Core Viewpoint - Gabriel Holding A/S reports an increase in profit for the second quarter and maintains its expectations for the 2024/25 financial year despite challenging market conditions in the furniture industry [1][2]. Financial Performance - Total revenue for the first half of 2024/25 increased by DKK 7.8 million to DKK 476.8 million compared to DKK 469.0 million in the previous year [3]. - EBITDA for the first half was DKK 44.7 million, up from DKK 35.0 million, while EBIT rose to DKK 16.0 million from DKK 10.5 million [3]. - Profit before tax for the first half increased to DKK 9.2 million from DKK 1.2 million [3]. - In the second quarter, revenue increased by 3% to DKK 248.7 million, with EBITDA at DKK 30.8 million and EBIT at DKK 15.6 million [3]. Continuing Operations - Continuing operations showed a revenue growth of 9%, with operating profit (EBIT) increasing to DKK 20.9 million compared to DKK 4.2 million in the first half of 2024/25 [3]. - Revenue from continuing operations was DKK 261.5 million, up from DKK 240.9 million [3]. - In the second quarter, revenue from continuing operations increased by 10% to DKK 138.1 million [3]. Market Conditions and Expectations - Management anticipates that challenging market conditions will persist in the second half of 2024/25 due to geopolitical risks and uncertainties regarding tariffs, inflation, currencies, and interest rates [2][4]. - Expectations for full-year revenue are maintained at DKK 485 – 530 million, representing 0 – 10% growth, and operating profit (EBIT) is expected to be between DKK 20 – 30 million [4]. Investigations and Restructuring - An external investigation regarding irregularities in Mexico continues, with preliminary findings indicating no evidence of fraudulent activity [3]. - The Group has initiated adaptations in the Mexican FurnMaster unit, discontinuing loss-making contracts, which has led to non-recurring restructuring costs affecting the half-year results [3].

Purple Innovation (PRPL) Q1 2025 Earnings Call May 06, 2025 04:30 PM ET Company Participants Stacy Turnof - EVP - Strategic Situations & Investor RelationsRobert DeMartini - CEO & DirectorTodd Vogensen - Chief Financial OfficerBobby Griffin - Managing Director Conference Call Participants Bradley Thomas - Managing Director & Equity Research AnalystDan Silverstein - Equity Research AnalystBrian Nagel - MD & Senior Analyst - Consumer Growth & eCommerceNone - Analyst Operator Ladies and gentlemen, thank you fo ...

Purple Innovation (PRPL) Q1 2025 Earnings Call May 06, 2025 04:30 PM ET Speaker0 Ladies and gentlemen, thank you for standing by. My name is Desiree, and I will be your conference operator today. At this time, I would like to welcome everyone to the Purple Innovation First Quarter twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer I would now like to turn the conference over to Stacy Turnoff. ...

Ethan Allen Interiors Inc ETD reported a 2.5% decline in its fiscal third-quarter sales due to double-digit declines in order intake in January and February.The Ethan Allen Analyst: Telsey Advisory Group’s Cristina Fernández maintained a Market Perform rating, while reducing the price target from $32 to $30.The Ethan Allen Interiors Thesis: The 11% decline in the company's order intake in the latest quarter followed a 14% increase in the fiscal second quarter, Fernández said in the note.Check out other anal ...

KH Group PlcStock exchange release 6 May 2025 at 6:15 pm EEST Decisions of KH Group’s Annual General Meeting and the constitutive meeting of the Board of Directors KH Group Plc’s Annual General Meeting was held on 6 May 2025 at Sanomatalo, Flik Event Studio Eliel, at the address Töölönlahdenkatu 2, 00100 Helsinki, Finland. The Annual General Meeting supported all the proposals included in the notice of the Annual General Meeting. The General Meeting adopted the financial statements for the financial period ...

Core Insights - KH Group Plc experienced moderate growth in net sales and operating profit during the January–March 2025 period compared to the previous year [3] - The company aims to focus on its core business, KH-Koneet, while divesting other business areas [8] Financial Performance - Net sales for the period amounted to EUR 41.8 million, an increase from EUR 40.4 million year-on-year [7] - Comparable operating profit was EUR 0.2 million, improving from a loss of EUR 0.1 million [7] - The net profit from continuing operations was EUR -0.4 million, an improvement from EUR -1.7 million [7] - Earnings per share from continuing operations were EUR -0.01, compared to EUR -0.03 in the previous year [7] - Equity per share decreased to EUR 0.85 from EUR 1.30 [7] - Gearing at the end of the review period was 291.3%, up from 225.3% [7] Business Segments - KH-Koneet saw an increase in net sales and operating profit in Finland and Sweden, particularly in heavy crawler excavators [3] - Nordic Rescue Group's net sales declined, but operating profit remained stable compared to the previous year [3] - Indoor Group faced challenges due to market uncertainty, but a reform program aims for an annual operating profit improvement of at least EUR 10 million by the end of 2026 [4] Strategic Developments - KH Group initiated a sale process for Indoor Group and aims to complete it during 2025 [5] - The company acquired the remaining minority shares of KH-Koneet Group Oy for EUR 2.0 million, making it a fully-owned subsidiary [5] - A performance-based share scheme for key employees of KH-Koneet was established to align their goals with shareholder interests [6] Future Outlook - The company estimates that net sales for 2025 will be approximately EUR 194.0 million, with comparable operating profit remaining around EUR 7.2 million [9] - The focus will be on securing net sales and improving working capital efficiency [6]

来源：环球网 ·第二批810亿元超长期特别国债资金下达 继续支持消费品以旧换新 ·一季度中国家具制造业利润总额37.1亿 下降40.1% ·东莞拟出台新房全装修销售新规 ·嘉寓股份收到股票终止上市决定 ·TOTO关停北京、上海工厂 ·顾家家居雷霆打假 95家侵权店铺曝光 ·"中国家居林"正式落成 ·多家家居企业发布2024年年报 1.第二批810亿元超长期特别国债资金下达 继续支持消费品以旧换新 4月29日，国家发展改革委印发通知，会同财政部及时向地方追加下达今年第二批810亿元超长期特别国 债资金，继续大力支持消费品以旧换新。据了解，国家发展改革委将充分发挥"两新"部际协调机制作 用，强化统筹推进和跟踪调度，督促各地各有关部门加快已拨资金审核兑付，切实减轻企业垫资压力， 确保真金白银优惠直达消费者，推动消费品以旧换新政策发挥更大效果。 2.一季度中国家具制造业利润总额37.1亿 下降40.1% 4月27日，国家统计局数据显示，今年前3个月，中国家具制造业营业收入为1459.8亿元，同比下降 2.2%；营业成本1215.2亿元，同比下降2.2%；利润总额为37.1亿元，同比下降40.1%。木材加工和木、 竹、 ...