Welcome to our dedicated page for Arhaus news (Ticker: $ARHS), a resource for investors and traders seeking the latest updates and insights on Arhaus stock.
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Arhaus, Inc. (NASDAQ: ARHS) reported Q1 2024 financial results with net revenue of $295 million, net income of $15 million, and adjusted EBITDA of $29 million. Despite a decrease in revenue compared to Q1 2023, the company remains optimistic, reaffirming its full-year outlook for 2024. CEO John Reed highlights industry-leading market share gains and strategic investments in systems and eCommerce capabilities. The company plans to open nine to eleven new Showrooms in 2024 to drive growth.
Arhaus, Inc. reschedules its first quarter 2024 financial results and conference call to May 9, 2024, providing investors with an opportunity to review its financial and operational performance. The Company, known for its premium artisan-crafted home furnishings, is set to host a conference call at 8:30 a.m. Eastern Time to address queries from the investment community.