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Arhaus (ARHS)
NASDAQ:ARHS
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Earnings Data
Report Date
Mar 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.08Last Year’s EPS
$0.22Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: 5.70%
|Next Earnings Date:Mar 06, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed sentiment. While Arhaus achieved record demand in September and is successfully expanding its showroom footprint and product lineup, it faced challenges such as a decline in net revenue, a lowered financial outlook, and cost pressures impacting gross margins. The sentiment is balanced with both significant achievements and notable challenges.Company Guidance
In the Arhaus Q3 2024 earnings call, the company reported a net revenue of $319 million, a net income of $10 million, and an adjusted EBITDA of $23 million, resulting in a 7.2% adjusted EBITDA margin. Despite experiencing a decline in demand comparable growth of 11.3%, the company saw a meaningful improvement in September, with a low single-digit decline and a 10% increase in total demand compared to the previous year's period. However, the October demand comparable growth declined in the low single digits, and the company decided to lower its full-year sales and earnings outlook to a net revenue range of $1.23 billion to $1.25 billion and adjusted EBITDA between $115 million and $125 million. Arhaus remains committed to its growth strategy, which includes expanding its showroom base, increasing brand awareness, and making strategic investments, with plans to open 5 new traditional showrooms by the end of the year, bringing the total to 85.Record Demand in September
September set a new record as the biggest total demand month in Arhaus history, with a 10% increase compared to last year's period, driven by a well-received annual storewide sale.
Showroom Expansion
Arhaus opened 10 new showrooms in 2024 and is on track to meet its goal of 85 traditional showrooms by year-end, with 103 total showrooms as of November.
Product Innovation
Launched compelling new product collections, including the Aster Collection, and expanded exotic wood collections, contributing to a positive response in high-value orders.
Operational Advancements
Implemented a new warehouse management system, with further technology upgrades planned for 2025 to enhance inventory and production capabilities.
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ARHS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ARHS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $9.12 | $9.70 | +6.36% |
| Aug 08, 2024 | $13.84 | $12.10 | -12.57% |
| May 09, 2024 | $13.22 | $15.50 | +17.25% |
| Mar 07, 2024 | $12.39 | $13.89 | +12.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Arhaus (ARHS) report earnings?
Arhaus (ARHS) is schdueled to report earning on Mar 06, 2025, TBA Not Confirmed.
What is Arhaus (ARHS) earnings time?
Arhaus (ARHS) earnings time is at Mar 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ARHS EPS forecast?
ARHS EPS forecast for the fiscal quarter 2024 (Q4) is $0.08.
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