Recent Updates — ARHS
Arhaus, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026, announcing net revenue of $385 million, a 7.4% increase year-over-year and above guidance. Net income rose 13.1% to $40 million, while Adjusted EBITDA increased 16.8% to $70 million. Results included a $23.8 million benefit from IEEPA tariff recoveries, of which $15.5 million related to inventory sold prior to April 2026. Comparable Delivered Sales grew 4.0%, and Comparable Written Sales increased 12.5%. The company operates 109 showrooms across 31 states and maintains a balance sheet with no long-term debt and $226 million in cash. Arhaus is a premium home furnishings brand that designs, sources, and sells artisan-crafted furniture and décor through an integrated omni-channel model.
Jen Porter, the Chief Marketing and eCommerce Officer, separated from the company effective July 15, 2026. This departure follows a decision to split the Marketing and eCommerce functions into separate leadership areas to enhance the company's eCommerce platform. Ms. Porter is eligible for severance benefits per her offer letter, contingent upon the execution of a release of claims. Arhaus, Inc. operates in the home furnishings industry and sells luxury furniture and home decor.
Bill Beargie resigned from the Board of Directors on July 7, 2026, and the Board appointed Rick Keyes to Class I of the Board as an independent director effective July 8, 2026. Mr. Keyes, currently the CEO of Meijer, Inc., brings significant retail leadership and operations experience to the Board. Arhaus, Inc. is a luxury home furnishings retailer.