This $COST December comp was driven by balanced ticket & traffic growth. Underlying traffic solid at c3.5% but ticket picked up significantly reflecting discretionary non-food strength $XLY $XLF https://t.co/nHEbH1WLPm
Updating the furniture / related goods revenue outlook table based on $ARHS, which now sees 4Q revenue down modestly to +3% Y/Y. $RH $W $WSM $MLKN $ETD $BSET $HVT $LZB $TPX $SNBR $PRPL $BYON $WHR $BBY $TOL https://t.co/KIpKefytW5 https://t.co/42H9pf6Fm6
Arhaus has been quicker than furniture peers to hit promo pedal but recent goods spend uptick is clearly spilling into big ticket home as well now. $ARHS implies 10% demand growth in Nov/Dec 💪 $WSM $RH $ETD $XLY $XLF $ULTA https://t.co/8fpsyKi2Jl


Arhaus has projected its fourth-quarter revenue to be between $343 million and $353 million, surpassing the consensus estimate of $315.09 million. The company reported a demand comparable growth of approximately 6% in the fourth quarter, despite experiencing a low-single-digit decline in demand in October. Recent data indicates that Arhaus has been quicker than its peers in the furniture sector to implement promotional strategies, which has contributed to a notable uptick in spending on big-ticket home goods. The company implies a 10% demand growth for November and December. Additionally, updates to the furniture and related goods revenue outlook suggest a modest year-over-year revenue increase of about 3% for the fourth quarter.