John Reed | Board Member | Arhaus Shares rose sharply on the announcement. On the plus side, Arhaus competes in the home furnishings market, which has been on a tear since the pandemic. And we really know that we increased our market share at that point. Demand continues to be strong, though a moderation from the levels in Q2. John S. Reed, former co-chairman and co-chief executive officer of Citigroup Inc., speaks during a meeting in New York, on Thursday, Nov. 8, 2007. Is there anything else you plan to take? This is Jen. Dawn Phillipson Net Worth, Biography, and Insider Trading Yes, the other thing I just forgot is the dollar has gotten a lot stronger. So keep in mind that clients aren't waiting six-plus months for product. . 38.3k Followers, 880 Following, 266 Posts - See Instagram photos and videos from JOHN REED Fitness US (@johnreedfitness_us) johnreedfitness_us. I don't know how many -- how many have we opened this year? And that's something we're certainly aware of. So we were cautious. Thank you. So we're going back and remodeling some existing stores quite a few every year that I'm excited about as well as the new stores. That's probably for Dawn, or John if you want to comment on that, like pending home sales, housing starts. Curious if you could give us any color in terms of how much price contributed and maybe how transaction growth was looking, and any commentary on units per transaction just to help us understand the growth? We expect lead times to continue to improve over the rest of the year. And then John, just a quick follow up. And then it has been a constant learning, updating, elevation, testing process ever since then. Sure, Peter, good question. Arhaus signs on for $500M Easton phase - Columbus Business First As we think about the cadence of the demand cost through the quarter, April was certainly the strongest month and June was a little bit moderated from that point, but nothing kind of meaningful that I would call out there that shows a change in actual consumer behavior. Good morning, John and Dawn. But in terms of who they are, we're really not seeing any impactful changes there. Arhaus, the premium furniture retailer, is preparing to go IPO The second question, maybe two parts, second half gross margins, I guess excluding Dallas from the equation, Dawn, because I'm more curious about the markup and then again shipping costs, so really gross margin outside of what Dallas is doing. And on the demand comp, again, it's kind of bucking the trend for everything we're hearing out there, even with premium home furnishings. Founded in 1986 by current CEO John Reed as a shop in Cleveland, Arhaus has achieved considerable scale over the past three decades, now encompassing 75 showrooms nationwide and more than 1,400 employees. What will Wall Street make of them? Arhaus has 1,150 employees, of which 18 are in a leadership position. But right now, we're holding steady with -- we think we're offering a customer a great value. Please. $99.88K . But we're looking at them. And this morning's press release includes the relevant non-GAAP reconciliations. Our next question comes from the line of Steve Forbes from Guggenheim Partners.
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