Arhaus Inc-A 2026年季度报告

(Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March31, 2026 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-41009 (Exact name of registrant as specified in its charter) 87-1729256(I.R.S. EmployerIdentification No.) Delaware(State or other jurisdiction ofincorporation or organization) 51 E. Hines Hill Road, Boston Heights, Ohio(Address of Principal Executive Offices)44236(Zip Code)(440) 439-7700(Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports);and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit and post such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐No☒ As of May1, 2026 the registrant had 54,424,464 shares of Class A common stock and 87,115,600 shares of Class B common stockoutstanding. Table of Contents PagePart I - Financial Information2Item 1.Financial Statements of Arhaus, Inc. and Subsidiaries2Condensed Consolidated Balance Sheets (unaudited)2Condensed Consolidated Statements of Comprehensive Income (unaudited)3Condensed Consolidated Statements of Changes in Stockholders’ Equity (unaudited)4Condensed Consolidated Statements of Cash Flows (unaudited)5Notes to Condensed Consolidated Financial Statements (unaudited)6Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations17Item 3.Quantitative and Qualitative Disclosures About Market Risk26Item 4.Controls and Procedures26Part II. Other Information30Item 1.Legal Proceedings30Item 1A.Risk Factors30Item 2.Unregistered Sales of Equity Securities and Use of Proceeds30Item 3.Defaults Upon Senior Securities30Item 4.Mine Safety Disclosures30Item 5.Other Information30Item 6.Exhibits31Signatures32 Arhaus, Inc. and SubsidiariesCondensed Consolidated Statements of Changes in Stockholders’ Equity(Unaudited, amounts in thousands) Arhaus, Inc. and SubsidiariesCondensed Consolidated Statements of Cash Flows(Unaudited, amounts in thousands) Arhaus, Inc. and SubsidiariesNotes to Condensed Consolidated Financial Statements(Unaudited) 1. Nature of Business and Basis of Presentation Nature of Business Arhaus, Inc. (“Arhaus,” “Company,” “we,” “us” or “our”) is a Delaware corporation and is a premium retailer in the home furnishingsmarket, specializing in livable luxury supported by heirloom quality merchandise. We offer merchandise across a broad range ofcategories, including furniture, outdoor, bath, lighting, textiles, and décor. Our curated assortments are presented across our saleschannels in sophisticated, family-friendly and lifestyle-oriented settings. Showrooms are immersive, design-forward spaces that serveas an important driver of brand awareness and client engagement, while our eCommerce channel functions as a seamless extension ofthe physical Showroom experience. The Company operated 107 Showrooms as of March31, 2026. Basis of Presentation The condensed consolidated financial statements have been prepared in conformity with accounting principles generally accepted inthe United States of America (“U.S. GAAP”). The accompanying condensed consolidated financial statements include our accountsand those of our wholly owned subsidiaries. Accordingly, all intercompany balances and transactions have been eliminated through theconsolidation process. The accompanying condensed consolidated balance sheets at March31, 2026 and December31, 2025, the condensed consolidatedstatements of comprehensive income, changes in stockholders’ equity and cash flows for the three months ended March 31, 2026 andMarch31, 2025, and the r