MEDIUMOutside partySupplier
50%
top 10 vendors
“10-K Item 1: 'our top 10 vendors, including our internal manufacturer, represent approximately 50% of our net revenue in 2025'”
ARHS · Concentration risk · 10-K extracted
Arhaus (ARHS) concentration risks
Updated
The most significant concentration Arhaus discloses is top 10 vendors at 50%, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Arhaus’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH0
MEDIUM1
LOW1
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
LOWOutside partySupplier
10%
McCreary Modern, Inc.
“10-K Item 1A: 'we purchased upholstery products representing approximately 10% of our total net revenue in 2025 from McCreary Modern, Inc.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Arhaus's disclosed concentration risk sits entirely on the supply side and is layered: the top 10 vendors, including the company's internal manufacturer, together represent approximately 50% of net revenue, a medium-share dependency spread across ten relationships rather than one. Within that group, McCreary Modern, Inc. alone accounts for approximately 10% of total net revenue from upholstery purchases — a low-share but named, single-vendor dependency nested inside the broader top-10 exposure. Both are dependency-type risks rather than structural features of the business, meaning they reflect vendor-relationship risk (pricing, capacity, disruption) rather than something inherent to Arhaus's model. Because the top-10 concentration is only medium-share and the one individually named vendor is low-share, this reads as a moderate, diversifiable supply-chain exposure rather than a single point of failure — a disruption at McCreary specifically would be a manageable, low-share hit, while a broader top-10 vendor disruption would be more consequential but still spread across multiple relationships. No customer, geographic, or product concentration is disclosed in the sources reviewed here.
For the engine’s reasoning on ARHS’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Specialty Retail
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ARKO | ARKO Corp. | 1 | 2 | 0 | 3 |
| BNED | Barnes & Noble Education, Inc | 1 | 1 | 0 | 2 |
| BBWI | Bath & Body Works, Inc. | 0 | 3 | 1 | 4 |
| ARHS● | Arhaus, Inc. | 0 | 1 | 1 | 2 |
| ASO | Academy Sports and Outdoors, In | 0 | 1 | 0 | 1 |
| BBY | Best Buy Co., Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.