NASDAQ$ARHS
Arhaus Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Arhaus's Q4 2022 performance was marked by substantial revenue growth and increased profitability.
Arhaus reported a strong fourth quarter with a 49.6% increase in net revenue to $356 million and a significant rise in net income to $47 million. The company's adjusted EBITDA also saw a substantial increase of 126.4% to $74 million, driven by strong demand and improved supply chain efficiency.
- Net revenue increased by 49.6% to $356 million.
- Comparable growth was 47.0%.
- Net income was $47 million, a 606.1% increase compared to Q4 2021.
- Adjusted EBITDA increased by 126.4% to $74 million.
Headline financials
Revenue & EPS history
Arhaus · Revenue · Quarterly
$356M
Forward guidance
Arhaus anticipates net revenue between $1,240 million and $1,300 million, comparable growth between (4)% and 1%, and net income between $95 million and $110 million for the full year 2023. The company also expects adjusted EBITDA between $180 million and $195 million.
Tailwinds
- Expected net revenue between $1,240 million and $1,300 million.
- Comparable growth between (4)% and 1%.
- Net income between $95 million and $110 million.
- Adjusted EBITDA between $180 million and $195 million.
- Plans to open twelve new showrooms and renovate, relocate and expand five locations.
Headwinds
- Uncertain macroeconomic backdrop.
- Pull-forward of backlog delivery into late 2022 may weigh on net revenue and profitability.
- Investments in business growth may temporarily weigh on net revenue and profitability.
- Expected showroom enhancements may cause temporary disruption.
- Company-funded capital expenditures of $75 million to $85 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 Q4 2022
+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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