Arhaus, Inc. (ARHS) revealed a profit for fourth quarter that decreased from the same period last year but beat the Street estimates.
The company's bottom line came in at $21.29 million, or $0.15 per share. This compares with $31.22 million, or $0.22 per share, last year.
Analysts on average had expected the company to earn $0.12 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 0.9% to $347.01 million from $344.01 million last year.
Arhaus, Inc. earnings at a glance (GAAP) :
-Earnings: $21.29 Mln. vs. $31.22 Mln. last year.
-EPS: $0.15 vs. $0.22 last year.
-Revenue: $347.01 Mln vs. $344.01 Mln last year.
-Guidance:
Next quarter revenue guidance: $303 - $323 Mln
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