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Arhaus Opens New Showroom at The Grove in Los Angeles
globenewswire.com· 2024-05-25 04:30
BOSTON HEIGHTS, Ohio, May 24, 2024 (GLOBE NEWSWIRE) -- Arhaus, a leader in artisan-crafted furniture and home décor, announces the opening of its new 17,904 square-foot showroom at The Grove in Los Angeles, California. Arhaus’ showroom at The Grove promises an inspiring destination for high-quality furniture and home décor and will serve as the renowned shopping center’s premier home retailer alongside some of the best high-end boutiques, shops, restaurants, and entertainment offerings in the Los Angeles ar ...
Arhaus Opens New Showroom at The Grove in Los Angeles
Newsfilter· 2024-05-25 04:29
文章核心观点 - 该公司在洛杉矶开设了一家新的17,904平方英尺的展厅,这是其在加州的第11家门店,也是过去一年内开设的第5家门店,体现了公司在西海岸地区的持续扩张 [1][2] - 这家新展厅位于著名的购物中心The Grove,将成为该购物中心的主要家居零售商,提供高品质的家具和家居装饰产品 [1][3] - 公司表示这是其最美丽的展厅之一,将为当地社区带来独特的体验和产品 [3] - 该展厅提供免费的设计服务,为客户提供从单个空间到整个家庭的装修指导 [3] - 公司还邀请当地社区参加开业庆祝活动,包括设计师签书会等 [4] 公司概况 - 该公司成立于1986年,是一个快速增长的生活方式品牌和全渠道家居零售商 [6] - 通过自主设计和从世界各地的制造商和工匠那里直接采购的差异化模式,公司提供独家的优质、可持续和耐用的产品 [6] - 公司在美国拥有90多家展厅和设计工作室,并提供免费的上门设计服务,同时也有强大的在线和电子商务能力 [6]
INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Arhaus, Inc. and Encourages Investors to Contact the Firm
prnewswire.com· 2024-05-24 23:45
LOS ANGELES, May 24, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Arhaus, Inc. ("Arhaus" or "the Company") (NASDAQ: ARHS) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Arhaus filed an 8-K with the SEC on April 29, 2024. According to the filing, "the Compa ...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Arhaus, Inc. - ARHS
prnewswire.com· 2024-05-17 08:01
NEW YORK, May 16, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Arhaus, Inc. ("Arhaus" or the "Company") (NASDAQ: ARHS).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Arhaus and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action]On or around November 4, 2021, A ...
Arhaus (ARHS) Q1 Earnings Beat Estimates, Revenues Decline Y/Y
Zacks Investment Research· 2024-05-14 00:46
Arhaus, Inc. (ARHS) reported first-quarter 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. However, both metrics declined from the year-ago quarter. The company saw a decline in comparable growth of 9.5% in the first quarter of 2024.However, ARHS is actively expanding its physical and digital presence, opening showrooms in strategic locations and enhancing its e-commerce platform to improve customer experience. The company is optimistic about its performance for the remaind ...
Arhaus, Inc. (ARHS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-05-10 22:30
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 18:38
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
2024-05-10 03:44
财务数据和关键指标变化 - 第一季度净收入为2.95亿美元,净利润为1500万美元,调整后EBITDA为2900万美元 [24][30][34] - 第一季度毛利率下降至39%,主要受到新店开设成本上升和运输成本增加的影响 [32][33] - 第一季度销售、一般及管理费用增加1400万美元至9700万美元,主要由于新店开设、战略投资和仓储成本上升 [33][37] 各条业务线数据和关键指标变化 - 公司产品线涵盖传统、过渡和现代美学,能够满足不同地区客户的需求 [20][63] - 公司核心畅销产品持续保持良好表现,通过更新面料、造型和尺寸等不断提升 [21] - 公司新推出的春季新品反响热烈,优于去年同期 [18][19] 各个市场数据和关键指标变化 - 公司在不同地区的门店表现良好,体现了产品线的广度和适应性 [17] - 2月和3月需求同比分别实现中单位数和高单位数增长,抵消了1月受天气影响的高单位数下滑 [25] - 4月需求同比实现中单位数增长 [115] 公司战略和发展方向及行业竞争 - 公司正在积极扩大门店网络,包括开设更多设计工作室和奥特莱斯门店 [14][15][16] - 公司正在持续提升产品创新和供应链管理能力,以提升运营效率和支持未来增长 [22][23][37] - 公司在高端家具市场具有独特的竞争优势,包括直接采购、自有生产能力和独特的产品设计 [138][139][140] 管理层对经营环境和未来前景的评论 - 管理层对公司2024年全年业绩保持乐观,预计下半年业绩将有所改善 [35][36][39][40] - 管理层认为公司的战略举措和强大的资产负债表将支撑公司在当前宏观环境下持续增长 [9][10][42] - 管理层表示公司的客户需求保持强劲,对家居装修和更新的需求依然旺盛 [11][12][13] 问答环节重要的提问和回答 问题1 **分析师提问** 公司在电子商务和设计师渠道方面的投资进展如何,是否已经看到一些改善? [45][46][47][48][49][50][51][52][53] **管理层回答** 公司在电子商务和设计师渠道方面的投资取得了一定进展,包括升级仓储管理系统、优化电商平台等。这些投资有助于提升运营效率和客户体验,未来将为公司带来更多增长机会。[46][47][48][49][50][51][52][53] 问题2 **分析师提问** 公司如何看待未来产品组合和新品贡献的变化趋势? [61][62][63][64][65][66] **管理层回答** 公司将继续扩大产品线,提供更广泛的风格、质地和色彩选择,以满足不同地区客户的需求。新品在公司整体销售中的占比有望进一步提升,为公司带来持续增长动力。[62][63][64][65] 问题3 **分析师提问** 公司如何应对可能出现的关税上升风险? [148][149][150][151][152] **管理层回答** 公司之前已经采取措施将大部分产品转移出中国,目前中国产品占比较低。即使关税大幅上升,公司也有能力应对,不会对业务造成重大影响。公司正在与供应商密切合作,将生产转移到其他国家,以降低关税风险。[149][150][151][152]
Arhaus, Inc. (ARHS) Q1 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-05-09 20:40
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 18:36
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 ...