Editorial – ExecEdge

Arhaus Raises 2022 Full Year Outlook on Strong First Quarter

Arhaus Raises 2022 Full Year Outlook on Strong First Quarter

  By Alan Hatfield Artisanal furniture retailer Arhaus, Inc. (Nasdaq: ARHS) today increased its 2022 full year guidance following a strong first quarter driven by supply chain improvements.  Net revenue increased 43.8% to $246 million compared to the first quarter...

Olo Tops Consensus Estimates Amid Continued Customer Adoption in Q1

Olo Tops Consensus Estimates Amid Continued Customer Adoption in Q1

By Alan Hatfield Restaurant and hospitality SaaS provider Olo Inc. (NYSE: OLO) today reported continued revenue and profitability growth amidst continued customer adoption of the company’s flagship platform in the first quarter ending March 31. Olo saw revenue increase 18%...

First Watch Restaurant Group Reiterates 2022 Guidance

First Watch Restaurant Group Reiterates 2022 Guidance

Q1 revenue +36% to $173.1M Q1 sales +35.6% to $214.1 million Q1 net income rose to $4.6 million,  compared to net loss of $(2.0) million in Q1 2021 Adjusted EBITDA increased to $19.4 million in Q1 2022 from $13.0 million...

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