Arhaus, Inc. (ARHS) Tops Q4 EPS by 14c; Guides FY23 revenue below the Street

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Arhaus Announces Fourth Quarter and Full Year 2022 Financial Results

March 9, 2023 6:30 AM EST

Fourth Quarter Net Revenue Up 49.6% with Comparable Growth of 47.0% Full Year Net Revenue Up 54.2% with Comparable Growth of 51.6%

BOSTON HEIGHTS, Ohio, March 09, 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 fourth quarter and full year ended December 31, 2022.

Fourth Quarter 2022 Highlights

Net revenue increased 49.6% to $356 millionComparable Growth(1) of 47.0%Net and Comprehensive Income of $47 millionAdjusted Net Income of $48 millionAdjusted EBITDA... More