Arhaus, Inc. Class A ( (ARHS) ) has released its Q1 earnings. Here is a breakdown of the information Arhaus, Inc. Class A presented to its investors.
Arhaus, Inc. is a lifestyle brand and omni-channel retailer specializing in premium artisan-crafted home furnishings, known for its innovative design and sustainable sourcing practices. In its first quarter of 2025, Arhaus reported a 5.5% increase in net revenue to $311 million, though net income saw a significant decline of 67.6% to $5 million. The company also noted a decrease in adjusted EBITDA by 36.2% to $19 million, while comparable growth was slightly negative at -1.5%, with demand comparable growth at 4.1%. Arhaus completed five showroom projects, including one new opening and four strategic relocations, as part of its ongoing expansion strategy. Despite the challenges, Arhaus maintains a strong balance sheet with no long-term debt and $214 million in cash and cash equivalents. Looking forward, the company is adjusting its full-year outlook due to macroeconomic uncertainties but remains committed to its growth strategy, focusing on showroom expansion and reducing China sourcing.