Arhaus jumps on raising annual sales forecast; CFO steps down

Arhaus

08/01/2025 22:58

** Home furnishing retailer Arhaus'  ARHS.O  shares up 5.5%
at $9.98 after the bell
    ** Co raises annual net revenue forecast to a range of $1.27
billion to $1.28 billion from a prior range of $1.23 billion to
$1.25 billion
    ** "We are pleased with the momentum in our business in the
fourth quarter, with demand comparable growth of approximately
6% despite a low-single-digit demand comp decline in October" -
CEO John Reed
    ** Also announces departure of CFO Dawn Phillipson
    ** ARHS stock fell 2% in 2024

 (Reporting by Aamir Sohail in Bengaluru)
 ((Aamir.Sohail@thomsonreuters.com;))