Levi & Korsinsky notifies investors that it has commenced an investigation into Arhaus, Inc. (NASDAQ: ARHS) concerning potential violations of the federal securities laws.
On August 8, 2024, Arhaus issued a press release announcing its financial results for the second quarter of 2024. Among other items, Arhaus reported revenue of $310 million, representing a year-over-year decline of 0.9% and missing consensus estimates by $4.28 million. Following this news, Arhaus's stock price fell over 12% on August 8, 2024.
If you suffered a loss on your Arhaus securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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