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Arhaus Shares Decline Amid Lower Q1 Earnings, Net Revenue Increases; Q2 Outlook Issued
Arhaus (ARHS) shares were down more than 7% early Thursday after the company reported Q1 earnings of $0.02 per diluted share, compared with $0.03 a year earlier.Analysts polled by FactSet expected $0.02.Net revenue for the quarter ended March 31 was $314.3 million, compared with $311.4 million a year earlier.Analysts polled by FactSet expected $314 million.The company expects Q2 net revenue of $350 million to $370 million. Analysts polled by FactSet expect $369.2 million.For 2026, Arhaus reiterated its revenue outlook of $1.43 billion to $1.47 billion. Analysts polled by FactSet expect $1.45 billion.Price: $7.03, Change: $-0.56, Percent Change: -7.38%
$ARHS