Arhaus (ARHS) shares were down more than 2% early Thursday after the company reported Q1 earnings of $0.03 per share, down from $0.11 a year earlier.
Analysts polled by FactSet expected $0.07.
Net revenue for the quarter ended March 31 was $311.4 million, compared with $295.2 million a year earlier.
Analysts polled by FactSet expected $315 million.
The company said it expects Q2 net revenue of $320 million to $350 million. Analysts polled by FactSet expect $333.6 million.
For 2025, Arhaus cut its net revenue outlook to between $1.29 billion and $1.38 billion, from the previous outlook of $1.36 billion to $1.40 billion. Analysts polled by FactSet expect $1.37 billion.
Price: 8.16, Change: -0.20, Percent Change: -2.40