Arhaus, Inc.

General Information
Business:

Arhaus is a rapidly growing lifestyle brand and omni-channel retailer of premium home furnishings. We offer a differentiated direct-to-consumer approach to furniture and décor, through which we sell artisan-quality products that embody our emphasis on livable luxury. Our products, designed to be used and enjoyed throughout the home, are sourced directly from factories and suppliers with no wholesale or dealer markup, allowing us to offer an exclusive assortment with an attractive value. We are a national omni-channel retailer with 75 Showrooms across 27 states and compete in the attractive premium home furnishings market, which we believe is the portion of the market with higher than industry average merchandise price points and quality.

(Note: Arhaus slashed its IPO at pricing on Nov. 3, 2021, by removing the selling stockholders’ portion of 10 million shares and pricing 12.9 million shares – DOWN from 22.9 million in the prospectus – and pricing the IPO at $13 – $1 below the bottom of its $14-to-$17 price range – to raise $167.7 million.)

Industry: FURNITURE STORES
Employees: 1460
Founded: 1986
Contact Information
Address 51 E. Hines Hill Road, Boston Heights, Ohio 44236, US
Phone Number (440) 439-7700
Web Address http://www.arhaus.com
View Prospectus: Arhaus, Inc.
Financial Information
Market Cap $3453.2mil
Revenues $638.9 mil (last 12 months)
Net Income $17.6 mil (last 12 months)
IPO Profile
Symbol ARHS
Exchange NASDAQ
Shares (millions): 12.9
Price range $13.00 - $13.00
Est. $ Volume $167.7 mil
Manager / Joint Managers BofA Securities/ Jefferies/ Morgan Stanley/ Piper SandlerBofA Securities Jefferies Morgan Stanley Piper Sandler
CO-Managers Baird/ Barclays/ Guggenheim Securities/ William Blair/ Telsey Advisory Group/ Academy Securities/ Drexel Hamilton/ Ramirez & Co./ Siebert Williams Shank
Expected To Trade: 11/4/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change