Arhaus Reports Third Quarter 2024 Results
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Arhaus, Inc. reported its third quarter 2024 financial results, showing a net revenue of $319 million and a net income of $10 million. The company updated its 2024 outlook, expecting net revenue between $1.23 billion and $1.25 billion.
November 07, 2024 | 11:45 am
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Arhaus reported Q3 2024 results with $319M in revenue and $10M net income. The company updated its 2024 outlook, projecting $1.23B-$1.25B in revenue.
Arhaus's Q3 results show a decline in comparable growth, but the company remains profitable with a net income of $10M. The updated 2024 outlook suggests stable revenue expectations, which may not significantly impact the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100