Arhaus revenue accelerates to $368M as net income declines 36% to $8M
Key points
- Arhaus (NASDAQ:ARHS) reported third-quarter 2026 revenue of $368 million, up 6.8% year over year, while net income declined 36% to $8 million.
- Comparable delivered sales increased 2.6%, while comparable written sales grew 13.9%, indicating higher customer orders.
- Arhaus raised its 2026 revenue forecast to $1.465 billion–$1.485 billion while maintaining net income guidance of $71 million–$80 million.
Arhaus (NASDAQ:ARHS) reported third-quarter 2026 revenue of $368 million, up 6.8% year over year, while net income declined 36% to $8 million from the prior-year period.
Gross profit increased 8.2% to $144 million, while diluted earnings per share fell to $0.05 from $0.09, partly reflecting higher selling, general and administrative expenses.
Selling, general and administrative expenses increased 14.8% to $134 million, while comparable delivered sales rose 2.6% and comparable written sales increased 13.9%.
Arhaus raised its full-year 2026 revenue guidance to $1.465 billion–$1.485 billion and comparable delivered sales growth guidance to 2.5%–4%, while maintaining net income guidance of $71 million–$80 million and forecasting fourth-quarter revenue of $398 million–$418 million.
Arhaus designs and sells premium home furnishings, including furniture, lighting, rugs, textiles and decorative accessories, through its showrooms, e-commerce platform and interior design services.
The company continues to expand its showroom network, targeting approximately 10–14 showroom projects during 2026, while reporting $318 million in cash at September 30 and no long-term debt.
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