BOSTON HEIGHTS

Arhaus Opens New Showroom at The Grove in Los Angeles

Retrieved on: 
Friday, May 24, 2024
Restaurant, Humanity, The Nature Conservancy, Love, Greater Los Angeles, Fresno, California, Directory, Amaury Guichon, Consultant, American Forests, Interior design

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.

Key Points: 
  • 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 area.
  • This showroom marks the brand’s eleventh location in California, and the fifth to open within the past year as part of Arhaus’ ongoing West Coast expansion.
  • We look forward to serving and inspiring the vibrant Los Angeles community.”
    The Los Angeles location offers complimentary design services to clients, extending a helping hand on home projects of any scale.

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.

Arhaus Announces Showroom Opening in Greenwich, Connecticut

Retrieved on: 
Friday, April 19, 2024
Green Initiative, Consultant, Directory, Greenwich Avenue, Interior design

BOSTON HEIGHTS, Ohio, April 19, 2024 (GLOBE NEWSWIRE) -- Arhaus , a leader in artisan-crafted furniture and home décor, announces the opening of its new 5,300 square-foot showroom in Greenwich, Connecticut, located near the top of Greenwich Avenue in the city’s downtown shopping district.

Key Points: 
  • BOSTON HEIGHTS, Ohio, April 19, 2024 (GLOBE NEWSWIRE) -- Arhaus , a leader in artisan-crafted furniture and home décor, announces the opening of its new 5,300 square-foot showroom in Greenwich, Connecticut, located near the top of Greenwich Avenue in the city’s downtown shopping district.
  • This marks the brand’s third showroom in Connecticut, with other locations in Farmington and Norwalk.
  • In celebration of the Greenwich showroom opening and in support of its ongoing Green Initiative, Arhaus will make a $10,000 contribution to The Greenwich Tree Conservancy Inc., a nonprofit organization dedicated to preserving and enhancing the tree and forest resources of Greenwich.
  • The Arhaus Greenwich showroom opens today, Friday, April 19, at 45 E. Putnam Ave. Greenwich, Connecticut, 06830.

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 to Report Fourth Quarter and Full Year 2023 Financial Results on March 7, 2024

Retrieved on: 
Monday, January 15, 2024
Internet, ID

To listen via the internet:

Key Points: 
  • To listen via the internet:
    The call will be webcast on the Investor Relations section of the Company’s website, http://ir.arhaus.com .
  • The dial-in number for the call within the U.S. is (877) 407-3982, and from outside the U.S. is +1 (201) 493-6780.
  • A replay of the conference call will be available in the “Events & Presentations” section of the website, http://ir.arhaus.com , or at (844) 512-2921 / +1 (412) 317-6671, conference ID: 13741045.
  • The telephone replay will be available for one week and the webcast replay will remain available for twelve months.

Arhaus Opens New Showroom at Fashion Island in Newport Beach, California

Retrieved on: 
Friday, December 15, 2023
Green Initiative, Consultant, Fashion Island, American Forests, Directory, Interior design

BOSTON HEIGHTS, Ohio, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Arhaus , a leader in artisan-crafted furniture and home décor, announces the opening of its new 16,000 square-foot showroom at Fashion Island in Newport Beach, California.

Key Points: 
  • BOSTON HEIGHTS, Ohio, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Arhaus , a leader in artisan-crafted furniture and home décor, announces the opening of its new 16,000 square-foot showroom at Fashion Island in Newport Beach, California.
  • This showroom marks the brand’s tenth showroom in California with other locations in Canoga Park, Los Gatos, Palm Desert, San Diego, Torrance, Thousand Oaks and Walnut Creek, as well as Arhaus Studio locations in Burlingame and Carmel.
  • In celebration of the Fashion Island showroom opening, Arhaus will make a $10,000 contribution to American Forests, the country's oldest nonprofit conservation organization, dedicated to nurturing healthy and resilient forests from coast to coast.
  • The Arhaus Newport Beach showroom opens today, Friday, December 15, at Fashion Island, located at 401 Newport Center Dr. #A224, Newport Beach, CA, 92660.