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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.
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.
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