Arhaus (ARHS) Q1 Earnings Beat Estimates, Revenues Decline Y/Y
ARHSArhaus(ARHS) 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 remain ...