earnings
confidence high
sentiment positive
materiality 0.75
Arhaus reports record FY2021 revenue $797M; FY2022 guidance $1.13-1.17B
Arhaus, Inc.
- Q4 revenue $238M (+46.3% YoY); comparable growth 40.5%; Adjusted EBITDA $33M.
- Full year revenue $797M (+57.1%); net income $37M; Adjusted EBITDA $123M (+77%).
- FY2022 guidance: revenue $1.13-1.17B, net income $70-80M, EBITDA $145-155M.
- Cash $124M, no long-term debt; inventory $208M; plans 5-7 new showrooms in 2022.
- CFO cites easing supply chain; expects lead times to improve; costs in-line.