secwatch.observer — SEC 8-K summary
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Issuer:     Arhaus, Inc. (ARHS)
CIK:        0001875444
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001875444-23-000058
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1875444/000187544423000058/0001875444-23-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1875444/000187544423000058/arhs-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001875444-23-000058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer