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Mar 31, 2022
Arhaus Q1 2022 Earnings Report
Arhaus reported a strong Q1 2022, marked by significant revenue growth and increased profitability.
Key Takeaways
Arhaus reported a 43.8% increase in net revenue to $246 million and a comparable growth of 40.3% in Q1 2022. Net income was $16 million. The company also raised its full-year 2022 outlook.
Net revenue increased by 43.8% to $246 million.
Comparable growth was 40.3%.
Net and Comprehensive Income reached $16 million.
Adjusted EBITDA increased 22.4% to $31 million.
Forward Guidance
Arhaus provided its updated expectations for the full year 2022 financial outlook.
Positive Outlook
- Net revenue of $1,145 million to $1,185 million.
- Comparable growth of 36% to 46%.
- Net income of $73 million to $83 million.
- Adjusted EBITDA of $151 million to $161 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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