ARHS | Jotup

Arhaus Presents Outdoor 2024 Collection

Retrieved on:

Monday, March 18, 2024

Umbrella, Element, DALA, Inside Out Music, Rotation, ARHS, Relaxation, Beauty, Wind, Life, Collection, Coffee, Primrose, Bal Harbour, Florida, DEDON, Hand, Table, Weather, Furniture

BOSTON HEIGHTS, Ohio, March 18, 2024 (GLOBE NEWSWIRE) -- Arhaus (NASDAQ: ARHS), a leader in artisan-crafted and responsibly sourced home furnishings, reveals its Outdoor 2024 Collection, ‘Echoes.’ Showcasing new silhouettes in striking all-weather materials and durable performance fabrics, ‘Echoes’ encourages the creation of new memories in everlasting style, while reflecting upon the unforgettable moments that make outdoor living cherishable. The complete Outdoor 2024 Collection is now available online at Arhaus.com and in more than 90 Arhaus showrooms nationwide.

Key Points:

The complete Outdoor 2024 Collection is now available online at Arhaus.com and in more than 90 Arhaus showrooms nationwide.
We hope this Outdoor Collection inspires your most relaxing days ahead.”
Fusing stylish living with resilient relaxation, ‘Echoes’ presents an array of outdoor introductions with alluring silhouettes, distinctive detailing, and eco-friendly InsideOut Performance Fabric® upholstery for unmatched inspiration.
Arhaus also brings bold prints and handwoven designs to life within this season’s new outdoor seating offerings, including the DALA collection created by the incredible artisans at DEDON, the pioneering outdoor furniture and fiber production company.
Additional Arhaus outdoor introductions and expanded collections include:
Adirondack Outdoor Lounge Chair : A modern take on a classic look, the Adirondack Collection celebrates craftsmanship and the beauty of natural solid teak wood.

Arhaus Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on:

Thursday, March 7, 2024

Arhaus, Balance sheet, ARHS, Weather, Investment, Transport, The Nature Conservancy, Growth, Entrepreneurship, Comparable, Omnichannel, E-commerce, Cryptocurrency

BOSTON HEIGHTS, Ohio, March 07, 2024 (GLOBE NEWSWIRE) -- Arhaus, Inc. (NASDAQ: ARHS; “Arhaus” or the “Company”), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, reported unaudited financial results for the fourth quarter and full year ended December 31, 2023.

Key Points:

Net income as a percent of net revenue decreased 410 basis points to 9.1% in the fourth quarter of 2023, compared to 13.2% in the fourth quarter of 2022.
Adjusted net income was $31 million in the fourth quarter of 2023, compared to $48 million in the fourth quarter of 2022.
Adjusted EBITDA as a percent of net revenue decreased 590 basis points to 14.9% in the fourth quarter of 2023, compared to 20.8% in the fourth quarter of 2022.
The table below presents our expectations for selected full year and first quarter 2024 financial operating results.

Arhaus Unveils Second Volume of Its Editorial Series Storied, ‘Bellissimo Segreto’

Retrieved on:

Tuesday, February 6, 2024

Nature, Magic, Blog, Carrara, Collection, Volume Two, Ilaria, Rino, Gianni, La Cage, Creativity, ARHS, Common, Weaving

BOSTON HEIGHTS, Ohio, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Arhaus (NASDAQ: ARHS), a leader in artisan-crafted and responsibly sourced home furnishings, debuts ‘Bellissimo Segreto,’ the second volume of its editorial series Storied, a compilation of imagery and storytelling developed to commemorate the brand's artisan partnerships built over the years. Since its inception in 1986, Arhaus has traveled the world to forge enduring relationships with vendors, driven by a commitment to source products directly from the talented craftspeople who create them. In addition to a printed book available in Arhaus showrooms nationwide, the Italian stories and collections of 'Bellissimo Segreto' can be explored beginning today at Arhaus.com/Segreto. The introductory volume of Storied, 'Rooted: A Story Not Common,' highlighted a family of woodworking artisans in Mexico and was released last fall.

Key Points:

In addition to a printed book available in Arhaus showrooms nationwide, the Italian stories and collections of 'Bellissimo Segreto' can be explored beginning today at Arhaus.com/Segreto .
The introductory volume of Storied, 'Rooted: A Story Not Common,' highlighted a family of woodworking artisans in Mexico and was released last fall.
With an unwavering dedication to their craft, Arhaus’ Italian partners bring a unique set of capabilities that enrich the Arhaus brand.
We are thrilled to continue this series and look forward to telling the Arhaus story through future volumes,” said Reed.

Arhaus Unveils Spring 2024 Collection

Retrieved on:

Wednesday, January 24, 2024

Cream, Weather, Dune, Hand, Architecture, Heart, Collection, Glass, Bottoni, Mercy Point, Coffee, Cooper, ARHS, Furniture

BOSTON HEIGHTS, Ohio, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Arhaus (NASDAQ: ARHS), a leader in artisan-crafted and responsibly sourced home furnishings, debuts its Spring 2024 Collection, ‘A Story Unfolding.’ Presenting luxurious Italian upholstery introductions and collection expansions, a relaunch of its bedding assortment, and a celebration of materials, time-honored techniques, and artisan roots, ‘A Story Unfolding’ treasures the memories of home while inspiring those to come. The complete Spring 2024 Collection is now available online at Arhaus.com and in more than 90 Arhaus showrooms nationwide.

Key Points:

The complete Spring 2024 Collection is now available online at Arhaus.com and in more than 90 Arhaus showrooms nationwide.
The Spring 2024 Collection also showcases an array of seasonally inspired upholstery with accent chair introductions and new looks for existing icons.
Curated to instill comfort in everyday moments, Arhaus introduces The Bedding Collection by Arhaus this spring as a sophisticated relaunch of its bedding assortment.
New Arrivals from the Spring 2024 Collection are now available to shop at Arhaus.com and Arhaus showrooms nationwide .

Arhaus Announces Third Quarter 2023 Financial Results

Retrieved on:

Thursday, November 2, 2023

Arhaus, The Nature Conservancy, Sale, Catalog, EBITDA, Huntington Station, Entrepreneurship, ARHS, Omnichannel, Comparable, Growth, Balance sheet, Investment, Video game, Car dealership, Cryptocurrency, Showroom

BOSTON HEIGHTS, Ohio, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Arhaus, Inc. (NASDAQ: ARHS; “Arhaus” or the “Company”), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, reported financial results for the third quarter ended September 30, 2023.

Key Points:

BOSTON HEIGHTS, Ohio, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Arhaus, Inc. (NASDAQ: ARHS; “Arhaus” or the “Company”), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, reported financial results for the third quarter ended September 30, 2023.
We had another exceptional quarter of demand comparable growth(2) in the third quarter, up 11.7%.
Adjusted net income was $20 million in the third quarter of 2023 compared to $38 million in the third quarter of 2022.
The table below presents our updated expectations for selected full year 2023 financial operating results and implied fourth quarter 2023 expectations derived from the full year 2023 outlook.

Baptist Memorial and Anderson Sign Shared Mission Agreement

Retrieved on:

Wednesday, October 18, 2023

Knowledge, Physician, Baptists, Organization, ARHS, Multimedia, Rehabilitation, Partnership, Business, Hospital, NEA Baptist Memorial Hospital, University, Anderson, Patient, Economy, Nursing, Central Mississippi Correctional Facility

MEMPHIS, Tenn., Oct. 18, 2023 /PRNewswire/ -- Baptist Memorial Health Care, which is headquartered in Memphis, Tennessee, and Anderson Regional Health System (ARHS), located in Meridian, Mississippi, have signed a shared mission agreement with plans to formally merge in January 2024.

Key Points:

MEMPHIS, Tenn., Oct. 18, 2023 /PRNewswire/ -- Baptist Memorial Health Care, which is headquartered in Memphis, Tennessee, and Anderson Regional Health System (ARHS), located in Meridian, Mississippi, have signed a shared mission agreement with plans to formally merge in January 2024.
Baptist Memorial is a not-for-profit health system that operates 22 hospitals across West Tennessee, Mississippi and East Arkansas.
"We are excited to join forces with ARHS to extend our faith-based mission to this part of Mississippi," said Jason Little, president and CEO of Baptist Memorial Health Care.
Baptist Memorial and Anderson share a similar foundation, with each having a long-standing history of community-based health care and a strong reputation for high-quality care.

ARHAUS INTRODUCES FALL 2023 COLLECTION

Retrieved on:

Wednesday, August 23, 2023

BOSTON HEIGHTS, Ohio, Aug. 23, 2023 /PRNewswire/ -- Arhaus (NASDAQ: ARHS), a leader in artisan-crafted and responsibly sourced home furnishings, debuts today its Fall 2023 Collection with the launch of its annual style issue, 'Embracing Home.' Presenting an array of new performance upholsteries, finishes, collections, and expansions that embrace unique silhouettes, resilient textures, and seasonably rich color statements, 'Embracing Home' emphasizes the comfort found in creating a home that is uniquely one's own. The complete collection is now available online at Arhaus.com and in more than 85 Arhaus showrooms nationwide.

Key Points:

Honoring the importance of individuality and tradition, 'Embracing Home' presents unique silhouettes, expressive color statements, and the introduction of Rooted, the first volume in Arhaus' new Storied series
BOSTON HEIGHTS, Ohio, Aug. 23, 2023 /PRNewswire/ -- Arhaus (NASDAQ: ARHS), a leader in artisan-crafted and responsibly sourced home furnishings, debuts today its Fall 2023 Collection with the launch of its annual style issue, 'Embracing Home.'
The complete collection is now available online at Arhaus.com and in more than 85 Arhaus showrooms nationwide.
In step with the debut of its Fall 2023 Collection, Arhaus also introduces 'Rooted: A Story Uncommon' .
New Arrivals from the Fall 2023 Collection are now available to shop at Arhaus.com and Arhaus showrooms nationwide .

Arhaus Announces Pricing of Secondary Offering of Class A Common Stock by Selling Stockholders

Retrieved on:

Thursday, August 17, 2023

Morgan Stanley, Omnichannel, Telephone, ARHS, Freeman Spogli & Co., Jefferies, BofA Securities, Sale, Prospectus, Jefferies Group, Offering, ATTN:, Form S-3, Form, Madison Avenue, Security (finance), Guggenheim Partners, Arhaus, Barclays

The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1.8 million shares of the Company’s Class A common stock at the public offering price, less the underwriting discount.

Key Points:

The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1.8 million shares of the Company’s Class A common stock at the public offering price, less the underwriting discount.
The Selling Stockholders will receive all of the proceeds from the Offering.
Arhaus is not selling any shares of Class A common stock in the Offering and will not receive any of the proceeds from the Offering.
BofA Securities and Jefferies are acting as joint lead book-running managers and as representatives for the Offering.

Arhaus Announces Secondary Offering of Class A Common Stock by Selling Stockholders

Retrieved on:

Tuesday, August 15, 2023

Morgan Stanley, Omnichannel, Telephone, ARHS, Freeman Spogli & Co., Jefferies, BofA Securities, Sale, Prospectus, Jefferies Group, S-3, ATTN:, Form, Madison Avenue, Security (finance), Guggenheim Partners, Arhaus, Barclays, Life insurance

Additionally, the Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 1.8 million shares of the Company’s Class A common stock.

Key Points:

Additionally, the Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 1.8 million shares of the Company’s Class A common stock.
The proposed Offering is subject to market conditions, and there can be no assurance as to whether or when the proposed Offering may be completed or as to the actual size or terms of the proposed Offering.
The Selling Stockholders will receive all of the proceeds from the proposed Offering.
Arhaus is not selling any shares of Class A common stock in the proposed Offering and will not receive any of the proceeds from the proposed Offering.

Arhaus Announces Second Quarter 2023 Financial Results

Retrieved on:

Wednesday, August 9, 2023

Showroom, Omnichannel, Comparable, ARHS, Balance sheet, EBITDA, Growth, Entrepreneurship, Arhaus, Video game, Rare-earth element, Bank, Cryptocurrency

BOSTON HEIGHTS, Ohio, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Arhaus, Inc. (NASDAQ: ARHS; “Arhaus” or the “Company”), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, reported financial results for the second quarter ended June 30, 2023.

Key Points:

BOSTON HEIGHTS, Ohio, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Arhaus, Inc. (NASDAQ: ARHS; “Arhaus” or the “Company”), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, reported financial results for the second quarter ended June 30, 2023.
John Reed, Co-Founder and Chief Executive Officer, commented,
“The second quarter of 2023 marks another quarter of exceptional demand comparable growth(2), up 11.6%.
Adjusted net income was $40 million in the second quarter of 2023 compared to $39 million in the second quarter of 2022.
Adjusted EBITDA as a percent of net revenue improved 70 basis points to 20.4% in the second quarter of 2023, compared to 19.7% in the second quarter of 2022.