Tearsheet

Arhaus (ARHS)


Market Price (4/10/2026): $6.62 | Market Cap: $932.7 Mil
Sector: Consumer Discretionary | Industry: Other Specialty Retail

Arhaus (ARHS)


Market Price (4/10/2026): $6.62
Market Cap: $932.7 Mil
Sector: Consumer Discretionary
Industry: Other Specialty Retail

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.4%, FCF Yield is 6.3%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -39%

Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Sustainable Consumption. Themes include Direct-to-Consumer Brands, Show more.

Weak multi-year price returns
2Y Excs Rtn is -88%, 3Y Excs Rtn is -74%

Key risks
ARHS key risks include [1] a significant reliance on its global supply chain, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.4%, FCF Yield is 6.3%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -39%
2 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Sustainable Consumption. Themes include Direct-to-Consumer Brands, Show more.
3 Weak multi-year price returns
2Y Excs Rtn is -88%, 3Y Excs Rtn is -74%
4 Key risks
ARHS key risks include [1] a significant reliance on its global supply chain, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Arhaus (ARHS) stock has lost about 40% since 12/31/2025 because of the following key factors:

1. Lower-than-anticipated Q1 2026 Revenue Guidance following Q4 2025 earnings.

While Arhaus reported Q4 2025 revenue of $364.85 million, exceeding analyst consensus, its Q1 2026 revenue guidance of $300 million to $320 million fell below Street estimates, leading to investor caution despite beating both top and bottom lines for the reported quarter.

2. Decline in comparable written sales and increased promotional activity.

Arhaus experienced a 2.8% decline in comparable written sales in Q4 2025, primarily driven by a 14.8% drop in October due to promotional timing shifts. This indicated a softening in underlying demand for the company's products.

Show more

Stock Movement Drivers

Fundamental Drivers

The -38.1% change in ARHS stock from 12/31/2025 to 4/9/2026 was primarily driven by a -32.4% change in the company's P/E Multiple.
(LTM values as of)123120254092026Change
Stock Price ($)10.686.61-38.1%
Change Contribution By: 
Total Revenues ($ Mil)1,3611,3791.3%
Net Income Margin (%)5.4%4.9%-9.6%
P/E Multiple20.513.8-32.4%
Shares Outstanding (Mil)1411410.0%
Cumulative Contribution-38.1%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/9/2026
ReturnCorrelation
ARHS-38.1% 
Market (SPY)-5.4%38.3%
Sector (XLY)-5.6%47.6%

Fundamental Drivers

The -34.8% change in ARHS stock from 9/30/2025 to 4/9/2026 was primarily driven by a -30.9% change in the company's P/E Multiple.
(LTM values as of)93020254092026Change
Stock Price ($)10.136.61-34.8%
Change Contribution By: 
Total Revenues ($ Mil)1,3361,3793.2%
Net Income Margin (%)5.3%4.9%-8.5%
P/E Multiple20.013.8-30.9%
Shares Outstanding (Mil)141141-0.1%
Cumulative Contribution-34.8%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/9/2026
ReturnCorrelation
ARHS-34.8% 
Market (SPY)-2.9%38.5%
Sector (XLY)-5.7%46.9%

Fundamental Drivers

The -20.3% change in ARHS stock from 3/31/2025 to 4/9/2026 was primarily driven by a -18.4% change in the company's P/E Multiple.
(LTM values as of)33120254092026Change
Stock Price ($)8.296.61-20.3%
Change Contribution By: 
Total Revenues ($ Mil)1,2711,3798.5%
Net Income Margin (%)5.4%4.9%-9.6%
P/E Multiple17.013.8-18.4%
Shares Outstanding (Mil)140141-0.4%
Cumulative Contribution-20.3%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/9/2026
ReturnCorrelation
ARHS-20.3% 
Market (SPY)16.3%42.3%
Sector (XLY)14.9%50.5%

Fundamental Drivers

The -13.4% change in ARHS stock from 3/31/2023 to 4/9/2026 was primarily driven by a -56.1% change in the company's Net Income Margin (%).
(LTM values as of)33120234092026Change
Stock Price ($)7.636.61-13.4%
Change Contribution By: 
Total Revenues ($ Mil)1,2291,37912.2%
Net Income Margin (%)11.1%4.9%-56.1%
P/E Multiple7.713.878.8%
Shares Outstanding (Mil)139141-1.7%
Cumulative Contribution-13.4%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/9/2026
ReturnCorrelation
ARHS-13.4% 
Market (SPY)63.3%38.3%
Sector (XLY)54.2%41.4%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
ARHS Return4%-26%22%-18%19%-39%-45%
Peers Return29%-31%43%25%-20%-12%13%
S&P 500 Return27%-19%24%23%16%-1%81%

Monthly Win Rates [3]
ARHS Win Rate50%50%50%33%50%0% 
Peers Win Rate55%37%58%52%43%50% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
ARHS Max Drawdown-34%-66%-30%-26%-25%-41% 
Peers Max Drawdown-4%-43%-12%-14%-35%-16% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: WSM, RH, MLKN, ETD, LZB.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/9/2026 (YTD)

How Low Can It Go

Unique KeyEventARHSS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-67.1%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven203.8%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven206 days464 days

Compare to WSM, RH, MLKN, ETD, LZB

In The Past

Arhaus's stock fell -67.1% during the 2022 Inflation Shock from a high on 12/30/2021. A -67.1% loss requires a 203.8% gain to breakeven.

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About Arhaus (ARHS)

Arhaus, Inc. operates as a lifestyle brand and premium retailer in the home furnishings market. It provides merchandise assortments across various categories, including furniture, lighting, textiles, décor, and outdoor. The company's furniture products comprise bedroom, dining room, living room, and home office furnishings, which includes sofas, dining tables and chairs, accent chairs, console and coffee tables, beds, headboards, dressers, desks, bookcases and modular storage, etc.; and outdoor products include outdoor dining tables, chairs, chaises and other furniture, lighting, textiles, décor, umbrellas, and fire pits. It also offers lighting products, such as various distinct and artistic lighting fixtures, including chandeliers, pendants, table and floor lamps, and sconces; textile products comprising handcrafted indoor and outdoor rugs, bed linens, and pillows and throws; and décor products, including various wall art to mirrors, vases to candles, and other decorative accessories. The company distributes its products through an omni-channel model comprising showrooms, e-commerce platform, catalog, and in-home designer services. As of December 31, 2021, it operated through a network of 71 traditional showrooms, 5 Design Studios, and 3 Outlets, as well as 58 showrooms with in-home interior designers. The company was founded in 1986 and is headquartered in Boston Heights, Ohio.

AI Analysis | Feedback

Here are a few brief analogies for Arhaus:

  • Arhaus is like **Pottery Barn** or **Crate & Barrel** but positioned as a more premium lifestyle brand for home furnishings.
  • It's like a slightly more accessible **Restoration Hardware (RH)**, offering high-end furniture and decor.

AI Analysis | Feedback

  • Furniture: A wide range of indoor furnishings including bedroom, dining room, living room, and home office pieces like sofas, tables, chairs, beds, and storage.
  • Outdoor Products: Furnishings and accessories for outdoor living spaces, such as dining sets, chaises, outdoor lighting, textiles, umbrellas, and fire pits.
  • Lighting Products: Various artistic and distinct lighting fixtures, including chandeliers, pendants, table lamps, floor lamps, and sconces.
  • Textile Products: A selection of handcrafted indoor and outdoor rugs, bed linens, pillows, and throws designed to enhance home comfort and style.
  • Décor Products: Decorative accessories for the home, encompassing wall art, mirrors, vases, candles, and other ornamental items.

AI Analysis | Feedback

Arhaus (ARHS) primarily sells its products directly to individual consumers through its omni-channel model, which includes showrooms, an e-commerce platform, catalogs, and in-home designer services. As a "premium retailer" and "lifestyle brand" in the home furnishings market, it serves customers seeking high-quality, stylish, and durable products for their homes.

The major customer categories for Arhaus include:

  1. Affluent Homeowners and Decorators: Individuals and families with disposable income who are looking for high-end, unique, and well-crafted furniture, lighting, textiles, and decor to furnish their primary residences or luxury second homes. They prioritize quality, design, and a sophisticated aesthetic.
  2. Design-Conscious Consumers: Customers who value aesthetics, craftsmanship, and a curated look for their living spaces. These individuals may utilize Arhaus's in-home designer services to create a cohesive and personalized environment, or they may meticulously select individual pieces to enhance their existing decor.
  3. New Homeowners and Renovators: Individuals undertaking significant home transformations, such as moving into a new home or completing a major renovation project. These customers are often looking to furnish entire rooms or multiple spaces with premium, coordinated pieces that reflect their desired lifestyle and design preferences.

AI Analysis | Feedback

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AI Analysis | Feedback

John Reed, Founder, Chairman and Chief Executive Officer

John Reed co-founded Arhaus in 1986 with his father, Jack Reed, and has served as Chief Executive Officer from January 1997 through December 2015 and again from February 2017 to the present. He also serves as the Chairman of the Board. In 2016, Mr. Reed acquired his father's interest, becoming the sole controlling owner of Arhaus. As of September 2022, he held 32% of the company's stock capital, and with family trusts, controlled approximately 94% of the voting power through a dual-class share structure.

Michael Lee, Chief Financial Officer

Michael Lee has served as the Chief Financial Officer of Arhaus since May 2025. Prior to joining Arhaus, he was the Chief Financial Officer and President of Operations and Supply Chain for Ste. Michelle Wine Estates from 2022 to 2025. Before that, he held the position of Executive Vice President and Chief Financial Officer at Canopy Growth Corporation from 2019 to 2021. Mr. Lee also served in various leadership roles at Constellation Brands, Inc. from 2013 to 2019, with his most recent role being Senior Vice President, Business Transformation.

Michael Rengel, Chief Merchandising Officer

Michael Rengel was appointed Chief Merchandising Officer, effective February 23, 2026, bringing over 25 years of experience in merchandising, product and brand development, and sourcing. Most recently, he served as the Chief Merchandising Officer of Phoenix Retail (formerly known as Express) from January 2025 to February 2026. From 2020 to 2024, Mr. Rengel held various leadership positions at Express, Inc., including Senior Vice President and General Merchandise Manager (Mens and Outlet Division) and Chief Merchandising Officer.

Jennifer Porter, Chief Marketing and eCommerce Officer

Jennifer Porter has served as the Chief Marketing and eCommerce Officer since September 2019, overseeing the global marketing strategy, the Arhaus.com eCommerce business, and Corporate Social Responsibility initiatives. Her previous roles include Head of Marketing at Anthropologie from 2018 to 2019. Before that, Ms. Porter held various marketing leadership positions at Forever 21 from 2014 to 2018, including Head of Marketing, Director of Global Marketing, and Director of International Marketing.

Kathy Veltri, Chief Retail Officer

Kathy Veltri has served as the Chief Retail Officer since March 2019. Prior to this, she was the Senior Vice President of Retail Operations at Arhaus, a role she held since 2017. Her experience also includes serving as Executive Vice President of Sales at Gardner White from 2015 to 2016 and as President of Thomasville, a division of Furniture Brands, from 2013 to 2014. Ms. Veltri previously worked at Arhaus as SVP of Retail Operations and Marketing from 2006 to 2013.

AI Analysis | Feedback

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For Arhaus (ARHS), key risks to the business include:

  1. Sensitivity to Economic Conditions and Discretionary Consumer Spending: As a premium retailer of home furnishings, Arhaus is highly vulnerable to macroeconomic factors such as economic downturns, rising interest rates, and inflation. Consumer spending on large, discretionary items like high-end furniture is often among the first areas curtailed when economic confidence falters, directly impacting Arhaus's revenue and profitability. Even its affluent customer base, while potentially more resilient, is not immune to prolonged economic uncertainty.

  2. Supply Chain Vulnerabilities and Cost Fluctuations: Arhaus relies on a diversified global supply network with hundreds of vendors across multiple continents. This extensive supply chain exposes the company to risks such as geopolitical disruptions, shipping delays, manufacturing shutdowns, and fluctuations in raw material costs. Additionally, ongoing and evolving tariff policies pose a significant challenge, leading to increased costs and pressure on profit margins. Arhaus has been actively working to mitigate some of these risks, such as reducing its sourcing from China.

  3. Intense Competition and Evolving Consumer Tastes: The home furnishings market is highly competitive and dynamic, with Arhaus operating alongside established luxury players like RH and various other retailers. As a lifestyle brand, Arhaus must continuously adapt to changing design trends and consumer preferences. Failure to anticipate or respond effectively to these evolving tastes could lead to inventory obsolescence, decreased brand relevance, and a loss of market share.

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AI Analysis | Feedback

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AI Analysis | Feedback

Arhaus, Inc. operates within the substantial U.S. home furnishings market, addressing several key product categories. The addressable markets for its main products and services in the United States are as follows:

  • Furniture: The United States furniture market size was valued at approximately USD 195.7 billion in 2025 and is projected to reach USD 256.9 billion by 2034, growing at a compound annual growth rate of 3.07% from 2026-2034.
  • Outdoor Products (Outdoor Furniture): The United States outdoor furniture market size is estimated at USD 7.41 billion in 2026 and is forecast to reach USD 10.03 billion by 2031, with a compound annual growth rate (CAGR) of 6.24%.
  • Lighting Products (Residential Lighting Fixtures): The U.S. residential lighting fixtures market was valued at USD 2.64 billion in 2022.
  • Textile Products (Home Textiles): The United States home textile market size was USD 26.48 billion in 2025 and is projected to reach USD 33.24 billion by 2031, with a CAGR of 3.86% during 2026-2031.
  • Décor Products (Home Decor): The United States home decor market size is estimated at USD 215.21 billion in 2025 and is expected to reach USD 263.21 billion by 2030, at a CAGR of 4.11% during the forecast period (2025-2030).

AI Analysis | Feedback

Arhaus (ARHS) is poised for future revenue growth over the next 2-3 years, driven by several strategic initiatives. Its expected drivers of future revenue growth include: * Showroom Expansion: Arhaus plans to continue expanding its physical footprint by opening new showrooms and strategically relocating or renovating existing ones. The company aims for a long-term goal of over 165 traditional showrooms and more than 50 Design Studios, with 10 to 14 showroom projects planned for 2026, including 4 to 6 new openings and 6 to 8 relocations. This expansion strategy reinforces its national presence and is a key factor in driving sales growth. * Product Innovation and Customization: A focus on product newness and an expanded customization program are significant growth drivers. The company recently launched its Spring 2026 Collection, featuring hundreds of new furniture and décor items, including 80 new fabrics and upholstery silhouettes, emphasizing creative expression, color, and comfort. This strategy caters to its high-end clientele who prioritize quality, craftsmanship, and personalized designs. * Enhanced Omnichannel and Digital Capabilities: Arhaus is leveraging its integrated omnichannel model to reach a broader customer base and enhance customer engagement. This involves strong performance from its e-commerce platform and ongoing investments in technology and digital transformation to support long-term growth. * Growth in In-Home Designer and Trade Programs: The company is actively bolstering its in-home designer and trade programs. These services are highlighted as crucial for boosting average order values, with designer-assisted projects generating significantly higher average order values compared to standard orders, and are seen as a long-term growth opportunity by targeting its high-end client base.

AI Analysis | Feedback

Share Repurchases

  • Arhaus, Inc. made share repurchases totaling $1.77 million as of December 31, 2024.

Share Issuance

  • Arhaus, Inc. completed its initial public offering (IPO) in November 2021, pricing 12,903,226 shares of its Class A common stock at $13.00 per share, totaling approximately $167.7 million.

Capital Expenditures

  • For the full year ended December 31, 2025, company-funded capital expenditures were approximately $57 million, with an additional $21 million from landlord contributions. These investments supported showroom expansion and infrastructure development.
  • For 2026, Arhaus plans $70–$90 million in company-funded capital expenditures.
  • The primary focus for capital expenditures in 2026 includes 10-14 showroom projects (with 4-6 new showroom openings), and ongoing investments in technology infrastructure and distribution network capacity. A multi-year digital transformation is underway, with approximately $12 million expected to be invested in cash in 2026.

Better Bets vs. Arhaus (ARHS)

Trade Ideas

Select ideas related to ARHS.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
SKY_3312026_Dip_Buyer_FCFYield03312026SKYChampion HomesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.0%0.0%0.0%
DPZ_3272026_Dip_Buyer_FCFYield03272026DPZDomino's PizzaDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.1%3.1%0.0%
ETSY_3272026_Dip_Buyer_FCFYield03272026ETSYEtsyDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.6%5.6%0.0%
OLLI_3272026_Dip_Buyer_ValueBuy03272026OLLIOllie's Bargain OutletDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
3.1%3.1%0.0%
PATK_3272026_Insider_Buying_GTE_1Mil_EBITp+DE_V203272026PATKPatrick IndustriesInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
3.4%3.4%-1.6%
ARHS_4302024_Quality_Momentum_RoomToRun_10%04302024ARHSArhausQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
-32.8%-37.9%-44.2%
ARHS_12312021_Insider_Buying_45D_2Buy_200K12312021ARHSArhausInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
-66.3%-26.4%-66.3%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

ARHSWSMRHMLKNETDLZBMedian
NameArhaus Williams.RH MillerKn.Ethan Al.La-Z-Boy  
Mkt Price6.61191.31123.8015.2522.2033.2127.70
Mkt Cap0.922.82.31.00.61.41.2
Rev LTM1,3797,8073,4403,7996002,1272,783
Op Inc LTM891,41638721650138177
FCF LTM591,0552498341158121
FCF 3Y Avg581,229-111666213498
CFO LTM1371,31545220650238222
CFO 3Y Avg1511,45222426372200212

Growth & Margins

ARHSWSMRHMLKNETDLZBMedian
NameArhaus Williams.RH MillerKn.Ethan Al.La-Z-Boy  
Rev Chg LTM8.5%1.2%8.1%5.6%-4.3%1.7%3.7%
Rev Chg 3Y Avg4.0%-3.3%-0.8%-3.2%-10.6%-4.5%-3.3%
Rev Chg Q5.1%-4.3%3.7%5.8%-4.7%3.8%3.8%
QoQ Delta Rev Chg LTM1.3%-1.3%0.9%1.3%-1.2%0.9%0.9%
Op Mgn LTM6.5%18.1%11.3%5.7%8.4%6.5%7.4%
Op Mgn 3Y Avg8.7%17.6%11.2%5.5%11.4%7.2%9.9%
QoQ Delta Op Mgn LTM-0.6%-0.4%0.7%-0.2%-0.7%-0.3%-0.4%
CFO/Rev LTM9.9%16.8%13.1%5.4%8.3%11.2%10.5%
CFO/Rev 3Y Avg11.5%18.7%6.8%7.1%11.1%9.5%10.3%
FCF/Rev LTM4.3%13.5%7.2%2.2%6.8%7.4%7.0%
FCF/Rev 3Y Avg4.4%15.8%-0.6%4.5%9.5%6.4%5.5%

Valuation

ARHSWSMRHMLKNETDLZBMedian
NameArhaus Williams.RH MillerKn.Ethan Al.La-Z-Boy  
Mkt Cap0.922.82.31.00.61.41.2
P/S0.72.90.70.30.90.60.7
P/EBIT10.516.15.95.39.610.610.0
P/E13.820.918.696.512.916.317.5
P/CFO6.817.35.15.111.45.76.3
Total Yield7.3%6.2%5.4%5.9%7.8%8.9%6.7%
Dividend Yield0.0%1.4%0.0%4.9%0.0%2.7%0.7%
FCF Yield 3Y Avg3.8%6.0%1.2%11.4%8.6%8.3%7.2%
D/E0.60.11.71.70.20.40.5
Net D/E0.40.01.71.5-0.00.20.3

Returns

ARHSWSMRHMLKNETDLZBMedian
NameArhaus Williams.RH MillerKn.Ethan Al.La-Z-Boy  
1M Rtn-6.3%1.5%-13.7%-20.2%0.6%-0.9%-3.6%
3M Rtn-37.6%-3.0%-42.4%-20.2%-5.9%-14.3%-17.2%
6M Rtn-31.9%1.7%-33.2%-6.4%-17.0%4.0%-11.7%
12M Rtn-17.5%22.8%-35.5%-10.4%-12.5%-12.6%-12.6%
3Y Rtn-8.7%241.5%-48.5%-6.5%1.9%26.3%-2.3%
1M Excs Rtn-6.9%0.9%-14.3%-20.9%-0.0%-1.6%-4.2%
3M Excs Rtn-34.7%1.4%-38.7%-16.2%-0.7%-9.8%-13.0%
6M Excs Rtn-34.3%0.2%-38.6%-7.4%-18.8%1.1%-13.1%
12M Excs Rtn-46.1%-0.9%-59.5%-40.1%-44.3%-42.9%-43.6%
3Y Excs Rtn-73.9%167.2%-114.3%-81.6%-65.9%-43.5%-69.9%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Assortment of merchandise across a number of categories, including furniture, outdoor, lighting1,2711,2881,229797507
Total1,2711,2881,229797507


Net Income by Segment
$ Mil20252024202320222021
Assortment of merchandise across a number of categories, including furniture, outdoor, lighting69125   
Total69125   


Price Behavior

Price Behavior
Market Price$6.61 
Market Cap ($ Bil)0.9 
First Trading Date11/04/2021 
Distance from 52W High-45.8% 
   50 Days200 Days
DMA Price$7.91$9.43
DMA Trenddowndown
Distance from DMA-16.4%-29.9%
 3M1YR
Volatility57.2%54.4%
Downside Capture1.590.94
Upside Capture97.26107.35
Correlation (SPY)39.3%44.5%
ARHS Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta1.241.601.761.501.351.46
Up Beta0.851.872.061.651.551.39
Down Beta0.851.031.351.461.121.32
Up Capture72%95%78%96%118%310%
Bmk +ve Days7162765139424
Stock +ve Days9182656121376
Down Capture174%220%238%165%130%111%
Bmk -ve Days12233358110323
Stock -ve Days13243768129367

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ARHS
ARHS-11.3%56.2%-0.01-
Sector ETF (XLY)25.7%22.6%0.9351.2%
Equity (SPY)29.1%17.4%1.3645.6%
Gold (GLD)61.3%27.8%1.72-0.5%
Commodities (DBC)26.9%16.7%1.41-1.8%
Real Estate (VNQ)17.7%15.4%0.8647.0%
Bitcoin (BTCUSD)-10.9%43.9%-0.1424.5%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ARHS
ARHS-10.9%62.9%0.04-
Sector ETF (XLY)6.7%23.7%0.2542.5%
Equity (SPY)11.4%17.0%0.5240.6%
Gold (GLD)22.2%17.8%1.021.1%
Commodities (DBC)11.5%18.8%0.508.4%
Real Estate (VNQ)3.7%18.8%0.1034.4%
Bitcoin (BTCUSD)3.6%56.5%0.2916.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ARHS
ARHS-5.6%62.9%0.04-
Sector ETF (XLY)12.2%22.0%0.5142.5%
Equity (SPY)13.9%17.9%0.6740.6%
Gold (GLD)14.1%15.9%0.741.1%
Commodities (DBC)8.5%17.6%0.408.4%
Real Estate (VNQ)5.1%20.7%0.2134.4%
Bitcoin (BTCUSD)67.1%66.9%1.0616.8%

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Short Interest

Short Interest: As Of Date3132026
Short Interest: Shares Quantity3.3 Mil
Short Interest: % Change Since 2282026-17.5%
Average Daily Volume1.6 Mil
Days-to-Cover Short Interest2.1 days
Basic Shares Quantity140.9 Mil
Short % of Basic Shares2.3%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/26/202610.5%-6.1%-16.1%
11/6/2025-3.7%-4.8%9.0%
8/7/202521.5%29.0%16.7%
5/8/2025-5.1%1.1%4.8%
2/26/2025-8.1%-22.3%-20.7%
11/7/20246.4%6.3%15.4%
8/8/2024-12.6%-13.7%-20.4%
3/7/202412.1%25.0%26.7%
...
SUMMARY STATS   
# Positive8910
# Negative765
Median Positive11.3%22.6%16.0%
Median Negative-5.1%-10.3%-20.4%
Max Positive23.9%39.4%41.6%
Max Negative-20.0%-32.9%-40.9%

SEC Filings

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Report DateFiling DateFiling
12/31/202502/26/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202402/26/202510-K
09/30/202411/07/202410-Q
06/30/202408/08/202410-Q
03/31/202405/10/202410-Q
12/31/202303/11/202410-K
09/30/202311/02/202310-Q
06/30/202308/09/202310-Q
03/31/202305/04/202310-Q
12/31/202203/09/202310-K
09/30/202211/10/202210-Q
06/30/202208/11/202210-Q
03/31/202205/11/202210-Q

Recent Forward Guidance [BETA]

Latest: Q4 2025 Earnings Reported 2/26/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q1 2026 Net revenue300.00 Mil310.00 Mil320.00 Mil-11.7% Lower NewGuidance: 351.00 Mil for Q4 2025
Q1 2026 Net revenue growth-3.7%-0.45%2.8%-142.9%-1.5%Lower NewGuidance: 1.05% for Q4 2025
Q1 2026 Comparable delivered sales-0.05-0.020.01-33.3%1.0%Higher NewGuidance: -0.03 for Q4 2025
Q1 2026 Net income02.50 Mil5.00 Mil-77.3% Lower NewGuidance: 11.00 Mil for Q4 2025
Q1 2026 Adjusted EBITDA13.00 Mil16.50 Mil20.00 Mil-45.0% Lower NewGuidance: 30.00 Mil for Q4 2025
2026 Net revenue1.43 Bil1.45 Bil1.47 Bil6.2% Higher NewGuidance: 1.36 Bil for 2025
2026 Net revenue growth3.7%5.15%6.6%-30.4%-2.2%Lower NewGuidance: 7.4% for 2025
2026 Comparable delivered sales00.010.0320.0%0.2%Higher NewGuidance: 0.01 for 2025
2026 Net income66.00 Mil70.50 Mil75.00 Mil11.9% Higher NewGuidance: 63.00 Mil for 2025
2026 Adjusted EBITDA150.00 Mil155.50 Mil161.00 Mil11.1% Higher NewGuidance: 140.00 Mil for 2025
2026 Company-funded capital expenditures70.00 Mil80.00 Mil90.00 Mil14.3% Higher NewGuidance: 70.00 Mil for 2025

Prior: Q3 2025 Earnings Reported 11/6/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q4 2025 Net revenue336.00 Mil351.00 Mil366.00 Mil  Higher New
Q4 2025 Net revenue growth-3.3%1.05%5.4%  Higher New
Q4 2025 Comparable growth-7.0%-3.0%1.0%  Lower New
Q4 2025 Net income6.00 Mil11.00 Mil16.00 Mil  Higher New
Q4 2025 Adjusted EBITDA25.00 Mil30.00 Mil35.00 Mil  Higher New
2025 Net revenue1.35 Bil1.36 Bil1.38 Bil2.2% RaisedGuidance: 1.33 Bil for 2025
2025 Net revenue growth6.2%7.4%8.6%46.5%2.4%RaisedGuidance: 5.05% for 2025
2025 Comparable growth0.0%1.25%2.5% 3.0%RaisedGuidance: -1.75% for 2025
2025 Net income58.00 Mil63.00 Mil68.00 Mil8.6% RaisedGuidance: 58.00 Mil for 2025
2025 Adjusted EBITDA135.00 Mil140.00 Mil145.00 Mil4.5% RaisedGuidance: 134.00 Mil for 2025
2025 Company-funded capital expenditures65.00 Mil70.00 Mil75.00 Mil-22.2% LoweredGuidance: 90.00 Mil for 2025