Arhaus, Inc. (ARHS) Tops Q2 EPS by 26c
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Arhaus Announces Second Quarter 2022 Financial Results
August 11, 2022 6:30 AM EDTNet Revenue Up 66.4% with Comparable Growth of 65.2%Demand Comparable Growth of 22.5%Raising Full Year 2022 Outlook to Reflect Q2 Outperformance
BOSTON HEIGHTS, Ohio, Aug. 11, 2022 (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 second quarter ended June 30, 2022.
Second Quarter 2022 Highlights
Net revenue increased 66.4% to $306 millionComparable Growth(1) of 65.2%Net and Comprehensive Income of $37 millionAdjusted Net Income of $39 millionAdjusted EBITDA increased 76.4% to $60 millionYear-to-Date 2022 Highlights, through... More
