06:02 PM EST, 01/08/2025 (MT Newswires) -- 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