Arhaus shines on annual forecast raise

Arhaus

09/01/2023 16:16

Jan 9 (Reuters) -    ** Shares of home furnishing
retailer Arhaus Inc climbs ~9.7% to $11.23
    ** Co raises 2022 net revenue forecast to a range of $1.22
bln-$1.23 bln, from its prior expectation of $1.17 bln-$1.19 bln
    ** Expects annual comparable growth between 51.0% and 51.4%
versus its previous guidance of 43%-48%  
    ** ARHS stock fell 26.4% in 2022
 (Reporting by Sri Hari N S)
 ((SriHari.NS@thomsonreuters.com;))