NASDAQ$ARHS
Arhaus Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Arhaus reported a solid start to 2024, exceeding top and bottom line outlook for the quarter.
Arhaus reported net revenue of $295 million and net income of $15 million for Q1 2024. The company reaffirmed its full-year 2024 outlook, driven by strategic investments and new product introductions.
- Net revenue reached $295 million.
- Comparable growth was (9.5)%.
- Net income amounted to $15 million.
- Adjusted EBITDA totaled $29 million.
Headline financials
Revenue & EPS history
Arhaus · Revenue · Quarterly
$295M
Forward guidance
Arhaus reaffirms its full year 2024 outlook with net revenue expected to be between $1.33 billion and $1.37 billion and net income between $95 million and $105 million.
Tailwinds
- Net revenue of $1.33 billion to $1.37 billion
- Comparable growth of (4.0)% to (2.0)%
- Net income of $95 million to $105 million
- Adjusted EBITDA of $185 million to $200 million
- Company-funded capital expenditures of $80 million to $100 million
Headwinds
- Net revenue of $310 million to $320 million for Q2 2024
- Comparable growth of (9)% to (7)% for Q2 2024
- Net income of $14 million to $18 million for Q2 2024
- Adjusted EBITDA of $33 million to $38 million for Q2 2024
- Depreciation & amortization of $45 million to $50 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+7.6%
Avg return
Earnings day
+7.3%
Avg return
5 days after
+5.0%
Avg return
30 days after
61%
14 / 23 earnings
Positive
+30.4%
Q3 2020
Best reaction
-26.3%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -6.9% | -22.3% | -16.6% | |
| Q4 2025 | +10.6% | -4.5% | -22.4% | |
| Q3 2025 | -3.5% | -2.4% | +8.0% | |
| Q1 2025 | -5.3% | +4.3% | +4.8% | |
| Q4 2024 | -8.1% | -24.7% | -28.0% | |
| Q3 2024 | +6.1% | +7.5% | +15.4% | |
| Q2 2024 | -8.5% | -15.4% | -20.4% | |
| Q1 2024 | +23.4% | +28.3% | +48.9% | |
| Q4 2023 | +16.2% | +18.1% | +22.5% | |
| Q3 2023 | +5.1% | +10.5% | +19.8% | |
| Q2 2023 | +6.0% | +3.3% | -17.4% | |
| Q1 2023 | +10.2% | +15.3% | -2.4% | |
| Q4 2022 | -26.3% | -31.0% | -40.9% | |
| Q3 2022 | -4.4% | -1.8% | +4.8% | |
| Q2 2022 | +25.2% | +44.7% | +41.6% | |
| Q2 2021 | +25.2% | +44.7% | +41.6% | |
| Q1 2021 | -9.2% | -10.9% | -18.9% | |
| Q1 2022 | -9.2% | -10.9% | -18.9% | |
| Q4 2021 | +18.2% | +24.7% | -0.4% | |
| Q4 2019 | +18.2% | +24.7% | -0.4% | |
| Q3 2021 | +30.4% | +21.8% | +31.3% | |
| Q4 2020 | +30.4% | +21.8% | +31.3% | |
| Q3 2020 | +30.4% | +21.8% | +31.3% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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