At Home Group Reports Strong Q3 2019 Results
On December 6, At Home Group (HOME) posted strong results for the third quarter of fiscal 2019, which ended on October 27. At Home Group reiterated its fiscal 2019 EPS and sales guidance, but lowered its comps guidance. Management added that the initial comps in the fourth quarter were soft, but there has been a recovery. Due to the previous softness, the comps are projected to be 2.2%–2.5% compared to the earlier guidance of 3.0%–3.5%. At Home Group’s third-quarter comps rose 5.2%—compared to a 7.1% increase in the third quarter of fiscal 2018.