ARHS

Arhaus Announces First Quarter 2024 Financial Results

Retrieved on: 
Thursday, May 9, 2024
ARHS, Omnichannel, E-commerce, Entrepreneurship, Comparable, Showroom, Growth, Balance sheet, Video game

BOSTON HEIGHTS, Ohio, May 09, 2024 (GLOBE NEWSWIRE) -- 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.

Key Points: 
  • BOSTON HEIGHTS, Ohio, May 09, 2024 (GLOBE NEWSWIRE) -- 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.
  • We are on track to deliver on our goals for the year and are reaffirming our 2024 full year financial outlook.”
    Net revenue in the first quarter was $295 million, compared to $305 million in the first quarter of 2023.
  • Adjusted EBITDA as a percent of net revenue was 9.9% in the first quarter of 2024, compared to 18.0% in the first quarter of 2023.
  • The table below reaffirms our previously provided expectations for selected full year 2024 financial operating results and sets out our expectations for selected second quarter 2024 operating results.

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Arhaus, Inc. (ARHS)

Retrieved on: 
Tuesday, May 7, 2024
LLP, News, ARHS, Security (finance), Bank statement, Private investigator

NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Arhaus, Inc. (“Arhaus” or the “Company”) (NASDAQ: ARHS).

Key Points: 
  • NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Arhaus, Inc. (“Arhaus” or the “Company”) (NASDAQ: ARHS).
  • The investigation concerns whether Arhaus and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
  • Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Arhaus, Inc. Investors to Inquire About Securities Class Action Investigation – ARHS

Retrieved on: 
Friday, May 3, 2024
Class Action Lawsuit, Professional Services, Legal, Titan, News, Arhaus, ARHS, Advertising, Security (finance), Bank statement, Cryptocurrency

The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

Key Points: 
  • The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
  • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=24680 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Arhaus to Report First Quarter 2024 Financial Results on May 2, 2024

Retrieved on: 
Thursday, April 11, 2024
Omnichannel, Internet, ID, ARHS

BOSTON HEIGHTS, Ohio, April 11, 2024 (GLOBE NEWSWIRE) -- Arhaus (NASDAQ: ARHS), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, will release its first quarter 2024 financial results before market open on Thursday, May 2, 2024.

Key Points: 
  • BOSTON HEIGHTS, Ohio, April 11, 2024 (GLOBE NEWSWIRE) -- Arhaus (NASDAQ: ARHS), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, will release its first quarter 2024 financial results before market open on Thursday, May 2, 2024.
  • The Company will host a conference call at 8:30 a.m. Eastern Time the same day to review its financial and operational results and answer questions from the investment community.
  • Investors will be able to access the press release and conference call webcast on the Company’s website, http://ir.arhaus.com .
  • The telephone replay will be available for one week and the webcast replay will remain available for twelve months.

Arhaus Presents Outdoor 2024 Collection

Retrieved on: 
Monday, March 18, 2024
Umbrella, Element, DALA, Inside Out Music, Rotation, ARHS, Relaxation, Beauty, Wind, Life, Collection, Coffee, Primrose, Bal Harbour, Florida, DEDON, Hand, Table, Weather, Furniture

BOSTON HEIGHTS, Ohio, March 18, 2024 (GLOBE NEWSWIRE) -- Arhaus (NASDAQ: ARHS), a leader in artisan-crafted and responsibly sourced home furnishings, reveals its Outdoor 2024 Collection, ‘Echoes.’ Showcasing new silhouettes in striking all-weather materials and durable performance fabrics, ‘Echoes’ encourages the creation of new memories in everlasting style, while reflecting upon the unforgettable moments that make outdoor living cherishable. The complete Outdoor 2024 Collection is now available online at Arhaus.com and in more than 90 Arhaus showrooms nationwide.

Key Points: 
  • The complete Outdoor 2024 Collection is now available online at Arhaus.com and in more than 90 Arhaus showrooms nationwide.
  • We hope this Outdoor Collection inspires your most relaxing days ahead.”
    Fusing stylish living with resilient relaxation, ‘Echoes’ presents an array of outdoor introductions with alluring silhouettes, distinctive detailing, and eco-friendly InsideOut Performance Fabric® upholstery for unmatched inspiration.
  • Arhaus also brings bold prints and handwoven designs to life within this season’s new outdoor seating offerings, including the DALA collection created by the incredible artisans at DEDON, the pioneering outdoor furniture and fiber production company.
  • Additional Arhaus outdoor introductions and expanded collections include:
    Adirondack Outdoor Lounge Chair : A modern take on a classic look, the Adirondack Collection celebrates craftsmanship and the beauty of natural solid teak wood.

Arhaus Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 7, 2024
Arhaus, Balance sheet, ARHS, Weather, Investment, Transport, The Nature Conservancy, Growth, Entrepreneurship, Comparable, Omnichannel, E-commerce, Cryptocurrency

BOSTON HEIGHTS, Ohio, March 07, 2024 (GLOBE NEWSWIRE) -- Arhaus, Inc. (NASDAQ: ARHS; “Arhaus” or the “Company”), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, reported unaudited financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Net income as a percent of net revenue decreased 410 basis points to 9.1% in the fourth quarter of 2023, compared to 13.2% in the fourth quarter of 2022.
  • Adjusted net income was $31 million in the fourth quarter of 2023, compared to $48 million in the fourth quarter of 2022.
  • Adjusted EBITDA as a percent of net revenue decreased 590 basis points to 14.9% in the fourth quarter of 2023, compared to 20.8% in the fourth quarter of 2022.
  • The table below presents our expectations for selected full year and first quarter 2024 financial operating results.

Arhaus Unveils Second Volume of Its Editorial Series Storied, ‘Bellissimo Segreto’

Retrieved on: 
Tuesday, February 6, 2024
Nature, Magic, Blog, Carrara, Collection, Volume Two, Ilaria, Rino, Gianni, La Cage, Creativity, ARHS, Common, Weaving

BOSTON HEIGHTS, Ohio, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Arhaus (NASDAQ: ARHS), a leader in artisan-crafted and responsibly sourced home furnishings, debuts ‘Bellissimo Segreto,’ the second volume of its editorial series Storied, a compilation of imagery and storytelling developed to commemorate the brand's artisan partnerships built over the years. Since its inception in 1986, Arhaus has traveled the world to forge enduring relationships with vendors, driven by a commitment to source products directly from the talented craftspeople who create them. In addition to a printed book available in Arhaus showrooms nationwide, the Italian stories and collections of 'Bellissimo Segreto' can be explored beginning today at Arhaus.com/Segreto. The introductory volume of Storied, 'Rooted: A Story Not Common,' highlighted a family of woodworking artisans in Mexico and was released last fall.

Key Points: 
  • In addition to a printed book available in Arhaus showrooms nationwide, the Italian stories and collections of 'Bellissimo Segreto' can be explored beginning today at Arhaus.com/Segreto .
  • The introductory volume of Storied, 'Rooted: A Story Not Common,' highlighted a family of woodworking artisans in Mexico and was released last fall.
  • With an unwavering dedication to their craft, Arhaus’ Italian partners bring a unique set of capabilities that enrich the Arhaus brand.
  • We are thrilled to continue this series and look forward to telling the Arhaus story through future volumes,” said Reed.

Arhaus Unveils Spring 2024 Collection

Retrieved on: 
Wednesday, January 24, 2024
Cream, Weather, Dune, Hand, Architecture, Heart, Collection, Glass, Bottoni, Mercy Point, Coffee, Cooper, ARHS, Furniture

BOSTON HEIGHTS, Ohio, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Arhaus (NASDAQ: ARHS), a leader in artisan-crafted and responsibly sourced home furnishings, debuts its Spring 2024 Collection, ‘A Story Unfolding.’ Presenting luxurious Italian upholstery introductions and collection expansions, a relaunch of its bedding assortment, and a celebration of materials, time-honored techniques, and artisan roots, ‘A Story Unfolding’ treasures the memories of home while inspiring those to come. The complete Spring 2024 Collection is now available online at Arhaus.com and in more than 90 Arhaus showrooms nationwide.

Key Points: 
  • The complete Spring 2024 Collection is now available online at Arhaus.com and in more than 90 Arhaus showrooms nationwide.
  • The Spring 2024 Collection also showcases an array of seasonally inspired upholstery with accent chair introductions and new looks for existing icons.
  • Curated to instill comfort in everyday moments, Arhaus introduces The Bedding Collection by Arhaus this spring as a sophisticated relaunch of its bedding assortment.
  • New Arrivals from the Spring 2024 Collection are now available to shop at Arhaus.com and Arhaus showrooms nationwide .

Arhaus Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 2, 2023
Arhaus, The Nature Conservancy, Sale, Catalog, EBITDA, Huntington Station, Entrepreneurship, ARHS, Omnichannel, Comparable, Growth, Balance sheet, Investment, Video game, Car dealership, Cryptocurrency, Showroom

BOSTON HEIGHTS, Ohio, Nov. 02, 2023 (GLOBE NEWSWIRE) -- 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 third quarter ended September 30, 2023.

Key Points: 
  • BOSTON HEIGHTS, Ohio, Nov. 02, 2023 (GLOBE NEWSWIRE) -- 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 third quarter ended September 30, 2023.
  • We had another exceptional quarter of demand comparable growth(2) in the third quarter, up 11.7%.
  • Adjusted net income was $20 million in the third quarter of 2023 compared to $38 million in the third quarter of 2022.
  • The table below presents our updated expectations for selected full year 2023 financial operating results and implied fourth quarter 2023 expectations derived from the full year 2023 outlook.

Baptist Memorial and Anderson Sign Shared Mission Agreement

Retrieved on: 
Wednesday, October 18, 2023
Knowledge, Physician, Baptists, Organization, ARHS, Multimedia, Rehabilitation, Partnership, Business, Hospital, NEA Baptist Memorial Hospital, University, Anderson, Patient, Economy, Nursing, Central Mississippi Correctional Facility

MEMPHIS, Tenn., Oct. 18, 2023 /PRNewswire/ -- Baptist Memorial Health Care, which is headquartered in Memphis, Tennessee, and Anderson Regional Health System (ARHS), located in Meridian, Mississippi, have signed a shared mission agreement with plans to formally merge in January 2024.

Key Points: 
  • MEMPHIS, Tenn., Oct. 18, 2023 /PRNewswire/ -- Baptist Memorial Health Care, which is headquartered in Memphis, Tennessee, and Anderson Regional Health System (ARHS), located in Meridian, Mississippi, have signed a shared mission agreement with plans to formally merge in January 2024.
  • Baptist Memorial is a not-for-profit health system that operates 22 hospitals across West Tennessee, Mississippi and East Arkansas.
  • "We are excited to join forces with ARHS to extend our faith-based mission to this part of Mississippi," said Jason Little, president and CEO of Baptist Memorial Health Care.
  • Baptist Memorial and Anderson share a similar foundation, with each having a long-standing history of community-based health care and a strong reputation for high-quality care.