Arhaus reports Q4 revenue $347M, consensus $350.88M

Reports Q4 Adjusted EBITDA $41M. Reports Q4 Comparable growth of (6.4%). John Reed, Co-Founder and CEO, said, “2024 was a transformative year for Arhaus (ARHS), driven by disciplined execution of our strategy, record showroom expansion, and continued brand momentum. We celebrated a historic milestone by opening our 100th showroom, expanding to a total of 103 locations across 30 states at year end-our largest one-year expansion in nearly 40 years through new openings and relocations. With $198M in cash and a debt-free balance sheet, we are well-positioned to invest in our long-term growth strategy. Looking ahead to 2025, demand comparable growth looks solid with positive client engagement. I am incredibly proud of our team’s dedication and excited about the opportunities ahead as we continue to elevate the Arhaus brand and deliver exceptional value and a premium product to our clients and shareholders.”