Q2 Earnings Highs And Lows: Arhaus (NASDAQ:ARHS) Vs The Rest Of The Home Furniture Retailer Stocks [Yahoo! Finance]
Arhaus, Inc. (ARHS)
Company Research
Source: Yahoo! Finance
Furniture retailers understand that ‘home is where the heart is' but that no home is complete without that comfy sofa to kick back on or a dreamy bed to rest in. These stores focus on providing not only what is practically needed in a house but also aesthetics, style, and charm in the form of tables, lamps, and mirrors. Decades ago, it was thought that furniture would resist e-commerce because of the logistical challenges of shipping large furniture, but now you can buy a mattress online and get it in a box a few days later; so just like other retailers, furniture stores need to adapt to new realities and consumer behaviors. The 4 home furniture retailer stocks we track reported a strong Q2. As a group, revenues missed analysts' consensus estimates by 1% while next quarter's revenue guidance was 7.2% below. Inflation progressed towards the Fed's 2% goal recently, leading the Fed to reduce its policy rate by 50bps (half a percent or 0.5%) in September 2024. This is the first cut i
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ARHS
News
- Arhaus to Report Third Quarter 2024 Results on November 7, 2024GlobeNewswire
- Arhaus Announces Showroom in Oklahoma City, Oklahoma [Yahoo! Finance]Yahoo! Finance
- Arhaus Announces Showroom in Oklahoma City, OklahomaGlobeNewswire
- Arhaus, Inc. (NASDAQ: ARHS) was downgraded by analysts at Craig Hallum from a "buy" rating to a "hold" rating. They now have a $10.00 price target on the stock, down previously from $14.00.MarketBeat
- Arhaus, Inc. (NASDAQ: ARHS) was upgraded by analysts at Wedbush to a "hold" rating.MarketBeat
ARHS
Earnings
- 8/8/24 - Beat
ARHS
Sec Filings
- 10/22/24 - Form SC
- 9/5/24 - Form 8-K
- 8/8/24 - Form 10-Q
- ARHS's page on the SEC website