earnings
confidence high
sentiment positive
materiality 0.75
Arhaus raises FY2022 revenue guidance to $1,223-1,228M; comparable growth 51%+
Arhaus, Inc.
2022-FY EPS reported
$0.98
revenue$1,228,928,000
- Full year 2022 net revenue guidance raised to $1,223-$1,228M from prior $1,173-$1,193M.
- Full year comparable growth expected 51.0%-51.4%, up from prior 43%-48%.
- Q4 demand comparable growth accelerated to ~10%; full year demand comp ~13.5%.
- Implied Q4 2022 net revenue of $351-$356M.
- CEO cites strong momentum and plans to expand showroom footprint and brand awareness.