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Investigation Details
On August 8, 2024, Arhaus issued a press release announcing its financial results for the second quarter of 2024. Among other items, Arhaus reported revenue of $310 million, representing a year-over-year decline of 0.9% and missing consensus estimates by $4.28 million.
Following this news, Arhaus’s stock price fell over 12% on August 8, 2024.
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