RH reports a loss and Wall Street pounces [Yahoo! Finance]
Arhaus, Inc. (ARHS)
Company Research
Source: Yahoo! Finance
up a metaphorical “luxury mountain,” but recently its financial results have felt more like a downhill slide. So the question everyone was asking as Friedman hopped on RH's first quarter earnings call was: Is it time to start climbing again? Not quite yet. In reporting results after the market closed on Thursday, RH cut its top-line decline, with sales down about 1.8 percent to $726.9 million. That number beat Wall Street's expectations but just barely—analysts had pegged it at $724.7, still a decline from $739 million a year ago. RH did buffer these results with news that demand was up 3 percent for the quarter, driven by a number of factors including new products, outdoor introductions and gains in market share as some competitors go out of business or cut back. But it was the bottom line that seemed to grab analysts' attention. RH's $3.6 million loss of 20 cents per share blew away–in the wrong direction—a forecasted loss of 8 cents a share. Compare that to a $41.9 million pr
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ARHS
News
- The Schall Law Firm Is Investigating Allegations Against Arhaus Inc And Urges Its Shareholders To Reach OutAccesswire
- The Schall Law Firm Is Probing Claims Against Arhaus Inc And Encourages Its Shareholders To Make ContactAccesswire
- The Schall Law Firm Is Investigating Allegations Against Arhaus Inc And Urges Its Investors To Reach OutAccesswire
- The Schall Law Firm Is Probing Claims Against Arhaus Inc And Encourages Its Investors To ContactAccesswire
- Allegations Against Arhaus Inc (ARHS) Are Being Investigated By The Schall Law Firm And Its Investors Are Urged To Get In TouchAccesswire
ARHS
Earnings
- 5/9/24 - Beat
ARHS
Sec Filings
- 6/12/24 - Form 4
- 6/10/24 - Form 4
- 6/10/24 - Form 144
- ARHS's page on the SEC website