secwatch.observer — SEC 8-K summary
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Issuer:     Arhaus, Inc. (ARHS)
CIK:        0001875444
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0001875444-24-000018
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arhaus Reports Q4 Revenue $344M, Net Income $31M, Declares $0.50 Special Dividend
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- Q4 2023 net revenue fell 3.5% to $344M compared to $356M in Q4 2022, with comparable growth of -6.8%.
- Full year 2023 net revenue was a record $1.3B, up 4.8% year-over-year; net income was $125M.
- Board declared a special cash dividend of $0.50 per share, payable April 4 to shareholders of record March 21.
- Company had $223M cash, no long-term debt; full-year 2024 net revenue guidance $1.33B-$1.37B.
- Adjusted EBITDA was $51M in Q4 (down 30.9%) and $203M for full year (down 8.6%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1875444/000187544424000018/0001875444-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1875444/000187544424000018/arhs-20240307.htm
  HTML page:      https://secwatch.observer/filing/0001875444-24-000018

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