secwatch.observer — SEC 8-K summary
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Issuer:     Arhaus, Inc. (ARHS)
CIK:        0001875444
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001875444-23-000134
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arhaus Q3 revenue up 1.9% to $326M; raises FY2023 guidance midpoint
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- Net revenue $326M (+1.9% YoY); comparable growth (2.1)%; demand comparable growth +11.7%.
- Net income $20M vs $37M YoY; adjusted EBITDA $34M vs $57M, down 40.6%.
- Gross margin decreased to $131M from $136M; $10M donation to The Nature Conservancy impacted SG&A.
- Full-year 2023 outlook raised: revenue $1,265M-$1,285M; adjusted EBITDA $192.5M-$197.5M.
- Ended Q3 with 86 Showrooms, $237M cash, no long-term debt; client deposits up 4.8% to $212M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1875444/000187544423000134/0001875444-23-000134-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1875444/000187544423000134/arhs-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001875444-23-000134

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