Welcome to our dedicated page for AT HOME GROUP news (Ticker: HOME), a resource for investors and traders seeking the latest updates and insights on AT HOME GROUP stock.
The At Home (HOME) news page on Stock Titan presents a curated stream of company-related announcements and third-party coverage focused on this U.S. home décor and furniture retailer. Historically, At Home has described itself as a home and holiday superstore offering tens of thousands of on-trend home products, and its news flow reflects both its retail activities and significant corporate events.
Readers can find updates on At Home’s merchandising and branding initiatives, such as the launch of its Found & Fable private label. The company has characterized Found & Fable as a traveled, eclectic and artisan-inspired brand that brings global inspiration into the home through furniture, bedding, storage, rugs, wall décor and related décor items. News items also cover store openings in new and existing markets, with prior releases detailing additional locations across multiple U.S. states and highlighting the company’s large-format store concept and extensive in-store assortments.
Beyond retail operations, the HOME news feed captures key ownership and capital structure developments. Past announcements include the all-cash acquisition of At Home Group Inc. by funds affiliated with Hellman & Friedman, after which the company’s common stock ceased trading and was no longer listed on the New York Stock Exchange. More recent communications describe At Home’s entry into a Restructuring Support Agreement with lenders holding a substantial majority of its debt and the commencement of voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware, including details on debtor-in-possession financing and the expected transition of ownership to supporting lenders.
For investors, creditors, suppliers and other stakeholders, following HOME-related news provides context on At Home’s evolving store footprint, brand strategy, ownership structure and court-supervised restructuring. Users can return to this page to review historical announcements and monitor new developments affecting the company’s retail operations and financial restructuring process as they are reported in public sources.
At Home Group Inc. (NYSE: HOME), a leading home décor superstore, is set to engage in two virtual conferences in January 2021. CEO Lee Bird and CFO Jeff Knudson will participate in a fireside chat at the Wolfe Research Hardlines/Broadlines Access Day on January 8 at 1:50 p.m. ET and at the ICR Conference on January 11 at 8:30 a.m. ET. Bird will also join a panel discussion titled “No Place Like Home” on January 12 at 12:00 p.m. ET, focusing on investment strategies in the housing category. Webcasts will be available for live access and replay on the company's investor website.
At Home Group Inc. (HOME) reported outstanding financial results for Q3 2020, achieving a record 44.1% increase in comparable store sales and 47.5% growth in net sales, totaling $470 million. Gross profit nearly doubled to $170.7 million, reflecting a gross margin of 36.3%. The company noted a strong balance sheet with a leverage ratio of 0.9x, the lowest in its history. Despite no new store openings, management expressed confidence in expanding market share and enhancing revenue per store. However, the company refrained from providing future guidance due to ongoing uncertainties.
At Home Group Inc. (NYSE: HOME), a leading home décor superstore, announced participation in two key events on December 2, 2020. CEO Lee Bird will engage in a fireside chat at the Morgan Stanley Virtual Global Consumer & Retail Conference at 11:00 a.m. ET. CFO Jeff Knudson, alongside Senior VP Angela Baldwin, will participate in a group meeting during the BofA Securities 2020 Leveraged Finance Virtual Conference at 12:00 p.m. ET. A live webcast for the Morgan Stanley event will be available for streaming at investor.athome.com.
At Home Group Inc. (NYSE: HOME) has appointed Kenneth Simril as an independent board member, effective November 20, 2020. Simril, currently the CEO of Fleischmann’s Ingredients, brings 30 years of diverse experience in consumer products, technology, and energy sectors. His past roles include Chief Financial Officer and Chief Operations Officer for various businesses, enhancing his financial acumen. This strategic addition aims to leverage Simril's extensive leadership experience to guide At Home's future growth.
At Home Group Inc. (NYSE: HOME) plans to release its financial results for Q3 fiscal 2021 after market close on December 1, 2020. A conference call is scheduled for 4:30 p.m. Eastern Time the same day to discuss these results. Investors can participate by dialing in or through a live audio webcast available on their investor website. The company operates 219 stores across 40 states, offering over 50,000 home décor products, indicating a robust market presence.
At Home Group reported preliminary unaudited results for Q3 ended October 24, 2020, showcasing a 47% increase in net sales at approximately $470 million. Comparable store sales surged 44%, surpassing the previous quarter. EPS is anticipated between $0.58 and $0.62, impacted by $(0.04) from debt refinancing. The company holds over $350 million in liquidity and expects to improve its leverage ratio significantly. The CEO highlighted the success of the At Home 2.0 strategies and preparing for the holiday season with new assortments and delivery partnerships.
At Home Group Inc. (NYSE: HOME) has expanded its delivery partnership with PICKUP to include Postmates, enhancing its local delivery platform ahead of the holiday season. The company aims to meet increased online shopping demand by offering multiple delivery options, including online purchases and in-store pickup. CEO Lee Bird emphasized the importance of this diversification for customer convenience. At Home operates 219 stores across 40 states, providing a wide selection of holiday décor. Safety measures remain in place for in-store shopping as the holiday season approaches.
At Home Group Inc. (NYSE: HOME) has announced plans to release its preliminary financial results for the third quarter of fiscal 2021 on October 29, 2020, before market open. The company will hold a conference call at 9:00 a.m. ET to discuss these results. Investors can join the call by dialing 1-877-437-2398 or access a live audio webcast on the company’s investor relations page. A recorded replay will be available within two hours post-call for 90 days. At Home operates 219 stores across 40 states, offering over 50,000 home décor products.