Arhaus Reports Third Quarter 2026 Financial Results
Source: The Manila times
Published on: 2026-11-05 11:11
BOSTON HEIGHTS, Ohio, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Arhaus, Inc. ("Arhaus" or the "Company") (NASDAQ: ARHS), a premium home furnishing brand known for responsibly sourced, artisan-crafted products and heirloom-quality design, reported third quarter results for the period ended September 30, 2026. Third Quarter 2026 Highlights Compared to the third quarter of 2025: * Net revenue increased 6.8% to $368 million * Gross margin increased 8.2% to $144 million * Selling, general and administrative expenses increased 14.8% to $134 million * Net and comprehensive income decreased 36.0% to $8 million * Adjusted EBITDA decreased 12.3% to $27 million * Comparable Delivered Sales(1) increased 2.6% * Comparable Written Sales(2) increased 13.9%John Reed, Co-Founder and Chief Executive Officer, said: "For 40 years, Arhaus has been defined by exceptional craftsmanship, timeless design, and ...
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