earnings
confidence high
sentiment positive
materiality 0.70
Arhaus raises FY2024 revenue outlook to $1.27-1.28B; CFO resigns
Arhaus, Inc.
2024-FY EPS reported
$0.49
revenue$1,271,107,000
- Full year 2024 net revenue raised to $1.27B-$1.28B from prior $1.23B-$1.25B (+~$35M).
- Q4 demand comparable growth of approx 6%, despite Oct low-single-digit demand comp decline.
- Comparable growth (delivery) expected -9% to -8%, improved from prior -12% to -11%.
- CFO Dawn Phillipson resigns effective Jan 15, 2025; external search for successor underway.
- Christian Sedor appointed Chief Accounting Officer; base salary $310,000.