Arhaus Q2 Revenue Beats High-End Guidance, Comparable Written Sales Surge 12.5%
ARHS sits 62% above its 52-week low of $5.57 on elevated volume (3.0× avg).
Summary
Arhaus delivered Q2 results above the high end of its own guidance, with net revenue up 7.4% to $385 million and comparable written sales jumping 12.5%. Net income rose 13.1% to $40 million, boosted by a $23.8 million benefit from IEEPA tariff recoveries, though underlying profitability improved even excluding that one-time item. The balance sheet remains debt-free with $226 million in cash, and client deposits grew 11.8% to $264 million. This follows a Q1 where net income had dropped 54.5% and operating cash flow turned negative, making the Q2 rebound notable. The company provided forward guidance including 2026 net income of $71 million to $80 million, 2026 adjusted EBITDA of $160 million to $171 million, third-quarter revenue of $355 million to $375 million, third-quarter net income of $8 million to $13 million, and third-quarter adjusted EBITDA of $26 million to $34 million. Arhaus opened two new showrooms and reiterated plans for 10–14 total projects in 2026, supporting mid-single-digit unit growth.
At the time of this announcement, ARHS was trading at $9.00 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $1.2B. The 52-week trading range was $5.57 to $12.98. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.