earnings
confidence high
sentiment positive
materiality 0.80
Arhaus Q2 net revenue up 66% to $306M, raises full-year guidance
Arhaus, Inc.
2022-Q2 EPS reported
$0.38
revenue$552,565,000
- Net revenue $306M (+66.4% YoY); comparable growth 65.2%; net income $37M.
- Adjusted EBITDA $60M (+76.4% YoY); Adjusted EBITDA margin 19.7%.
- Full-year 2022 outlook raised: revenue $1,173M-$1,193M; Adjusted EBITDA $173M-$180M.
- No long-term debt; cash $145M; opened two showrooms in Q2, plans 2-3 design studios.
- Demand comparable growth 22.5% in Q2; supply chain improvements reducing delivery times.