earnings
confidence high
sentiment positive
materiality 0.75
Arhaus Q1 revenue up 43.8% to $246M; raises full-year 2022 outlook
Arhaus, Inc.
2022-Q1 EPS reported
$0.12
revenue$246,300,000
- Net revenue $246M (+43.8% YoY); comparable growth 40.3%.
- Net income $16M vs $9M YoY; Adjusted net income $17M.
- Adjusted EBITDA $31M (+22.4%); margin 12.7% down 220bps.
- Full-year 2022 revenue guidance raised to $1,145M-$1,185M; Adj. EBITDA $151M-$161M.
- Cash $149M, no long-term debt; inventory up 18.3% to $247M.