Quarterly ResultAug 6, 2026, 06:17 AM
Arhaus Q2 Net Revenue $384.9M, EPS $0.28; $37.8M Tariff Refunds
AI Summary
Arhaus reported strong financial results for the second quarter and first half of 2026, with increased net revenue, gross margin, and net income. The company also recognized a significant benefit from IEEPA tariff refunds, with $37.8 million in refunds received as of August 6, 2026. Despite a decrease in net cash provided by operating activities, the overall performance indicates continued growth and operational efficiency.
Key Highlights
- Net revenue for Q2 2026 increased 7.4% to $384.9 million.
- Net income for Q2 2026 rose 13.1% to $39.6 million.
- Diluted EPS for Q2 2026 increased 12% to $0.28.
- Recognized $23.8 million benefit from IEEPA tariff recovery in COGS for H1 2026.
- Received $37.8 million in tariff refunds and $1.3 million interest as of August 6, 2026.
- Net cash provided by operating activities for H1 2026 was $59.8 million.
- Declared $49.5 million in dividends for H1 2026.
- Operated 109 showrooms as of June 30, 2026.
Price Impact
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