Arhaus Q1 revenue up 23.7% to $305M; net income $34M vs $16M YoY

Arhaus, Inc.

2023-Q1 EPS reported $0.24 revenue$304,568,000

Net revenue $305M (+23.7% YoY); comparable growth 21.0%.
Net income $34M, up from $16M; adjusted EBITDA $55M (+75.8%, margin 18.0%).
Demand comparable growth 5.6% in Q1; flat in April; backlog delivery improving.
Cash $145M, no debt; 82 showrooms, 83rd opened in Naperville in April.
FY2023 outlook reaffirmed: revenue $1.24-1.30B, adjusted EBITDA $180-195M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Arhaus, Inc. reported first quarter ended March 31, 2023 results: revenue $305 million, net income $34 million. Guidance reaffirmed.

Period: first quarter ended March 31, 2023
Revenue: $305 million
Net income: $34 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

premium artisan-crafted home furnishings, reported financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights • Net revenue increased 23.7% to $305 million • Comparable Growth (1) of 21.0% • Net and Comprehensive Income of $34 million • Adjusted Net Income of $34 million • Adjusted EBITDA increased 75.8% to $55 million 2023 Outlook

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

Arhaus, Inc. filing history →

Source: SEC EDGAR

accession 0001875444-23-000058

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.