5 High Growth Retail Stocks That Are Profitable

3. Arhaus, Inc. (NASDAQ:ARHS)

Revenue Growth YOY: 54.21%

Arhaus, Inc. (NASDAQ:ARHS) is an American home furnishing retailer. The company offers office furniture, indoor and outdoor residential furniture, home decor, and lighting products. Arhaus, Inc. (NASDAQ:ARHS) operates more than 80 stores in over 25 states, including Virginia, Alabama, Utah, Wisconsin, Texas, Ohio, and New York.

On February 7, 2023, Seth Sigman, an analyst at Barclays, started covering Arhaus, Inc. (NASDAQ:ARHS) with an Overweight rating and increased his price target on the company’s shares to $16 from $14. The analyst is bullish on the company’s prospects in the premium home furnishings industry, citing its significant store expansion and rising consumer awareness.