Arhaus Q2 2024 GAAP EPS $0.16 Beats $0.12 Estimate, Sales $309.801M Miss $314.309M Estimate
Portfolio Pulse from Benzinga Newsdesk
Arhaus (NASDAQ:ARHS) reported Q2 2024 GAAP EPS of $0.16, beating the estimate of $0.12 by 33.33%. However, sales of $309.801M missed the $314.309M estimate by 1.43%, and decreased by 0.99% compared to the same period last year.
August 08, 2024 | 11:48 am
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Arhaus reported better-than-expected Q2 2024 GAAP EPS of $0.16, but sales missed estimates and decreased year-over-year.
The earnings beat is a positive sign, but the sales miss and year-over-year decline could offset the positive sentiment. This mixed result is likely to result in a neutral short-term impact on the stock price.
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