# Arhaus Shares Rise After Piper Sandler Upgrades Stock to Overweight

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/36140
Published: 2026-10-21T00:10:39.000Z
Updated: 2026-10-21T00:10:39.000Z
Section: Investing

> Second-quarter comparable written sales rose 12.5% year over year after a first-quarter decline.

Arhaus, Inc. (ARHS) shares rose in early trading Oct. 20 after Piper Sandler upgraded the furniture retailer to Overweight, as its recent results showed a rebound in comparable written sales.

Piper Sandler pointed to improving comparable sales trends and the potential for margin recovery.

Arhaus’s comparable written sales rose 12.5% year over year in the second quarter of 2026 after falling 5.7% year over year in the first. Second-quarter comparable delivered sales increased 4% year over year, while net revenue grew 7.4% to $385 million.

Arhaus maintained its full-year 2026 outlook when it released those results in August. It projected net revenue of $1.43 billion to $1.47 billion and comparable delivered sales growth of 0% to 3%.

The rating change followed an Oct. 15-16 analyst event featuring Arhaus’s showroom in Charlotte, North Carolina, and its manufacturing operations in Conover, North Carolina.