Arhaus, Inc. Provides Earnings Guidance for the Implied Fourth Quarter and Fiscal Full Year 2021
December 09, 2021 at 06:39 am EST
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Arhaus, Inc. provided earnings guidance for the implied fourth quarter and fiscal full year 2021. For the quarter, the company expects net revenue of $205 to $215 million and net loss of $30 million to $25 million.
For the year, the company expects net revenue of $764 to $774 million and net income of $1 million to $6 million.
Arhaus, Inc. is a lifestyle brand and omni-channel retailer of premium home furnishings. The Company through its proprietary model, designs and sources products from manufacturers and artisans around the world. It has approximately 90 showrooms and design centerâs locations across the United States. It offers merchandise in various categories, including furniture, outdoor, lighting, textiles, and decor. Its furniture product offerings consist of bedroom, dining room, living room and home office furnishings and include sofas, dining tables, and chairs, among others. Its outdoor product offerings include outdoor dining tables, chairs, chaises and other furniture, lighting, and others. Its lighting product offerings consist of a variety of distinct and artistic lighting fixtures. Its textile product offerings include handcrafted indoor and outdoor rugs, bed linens, and pillows and throws. Decor ranges from wall art to mirrors, vases to candles, and many other decorative accessories.
ARHAUS, INC. 
