Arhaus (ARHS) raised its 2024 net revenue guidance to the range of $1.27 billion to $1.28 billion from $1.23 billion to $1.25 billion.
Analysts surveyed by FactSet expect $1.24 billion.
The guidance implies Q4 net revenue of $343 million to $353 million, the company said Wednesday in a statement.
Analysts polled by FactSet expect $315.1 million.
The company also announced that Dawn Phillipson resigned as chief financial officer, effective Jan. 15, to pursue an opportunity outside of the home-furnishings industry.
An external search for a successor is underway, the company said.
Shares of the company rose 5.5% in recent after-hours activity.
Price: 9.98, Change: +0.52, Percent Change: +5.50
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.