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Arhaus Priced, Nasdaq: ARHS

Premium home furnishings retailer with 75 locations across the US.

Industry: Consumer Discretionary

Latest Trade: $9.64 0.00 (0.0%)

First Day Return: -1.5%

Return from IPO: -25.9%

Industry: Consumer Discretionary

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, including three Outlet stores, 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. We were founded in 1986 by John Reed, our current CEO, and his father in Cleveland, Ohio. Our unique concept is dedicated to bringing our clients heirloom quality, artisan-made furniture and décor while providing a dynamic and welcoming experience in our Showrooms and online with the belief that retail is theater. We have remained true to our founding principles of curating artisan quality and exclusive products by directly sourcing with minimal dealer or wholesale involvement. We have grown from a single Showroom in Cleveland, Ohio to an omni-channel retailer with 75 Showrooms nationally.
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IPO Data
IPO File Date 10/04/2021
Offer Price $13.00
Price Range $14.00 - $17.00
Offer Shares (mm) 12.9
Deal Size ($mm) $168
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/03/2021
Offer Price $13.00
Price Range $14.00 - $17.00
Offer Shares (mm) 12.9
Deal Size ($mm) $168
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
BofA Securities
Jefferies
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Company Data
Headquarters Boston Heights, OH, United States
Founded 1986
Employees at IPO 1,460
Website www.arhaus.com

Arhaus (ARHS) Performance