earnings
confidence high
sentiment positive
materiality 0.80
Arhaus Q3 revenue up 57.4% to $320M; raises FY net income and EBITDA guidance
Arhaus, Inc.
2022-Q3 EPS reported
$0.64
revenue$872,595,000
- Net revenue $320M (+57.4% YoY); comparable growth 54.3%.
- Net income $37M vs $14M YoY; adjusted EBITDA $57M (+86.6%).
- Raises 2022 outlook: net income $109-115M (prev. $92-98M), adjusted EBITDA $185-192M (prev. $173-180M).
- No long-term debt; cash $146M; inventory $293M (+40.4% vs Dec 2021).
- Reaffirms FY revenue outlook $1,173-1,193M and comparable growth 43-48%.