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Shares of At Home Group Inc. (HOME) are surging 37 percent or $3.50 in Thursday's morning trade at $12.94, after earlier touching a new 52-week high of $13.25.


RTTNews | Jul 30, 2020 10:10AM EDT

10:09 Thursday, July 30, 2020 (RTTNews.com) - Shares of At Home Group Inc. (HOME) are surging 37 percent or $3.50 in Thursday's morning trade at $12.94, after earlier touching a new 52-week high of $13.25.

Wednesday, the Plano, Texas-based operator of home dcor superstores said it expects to report the best quarter in its history as a public company in terms of comparable store sales, sales, and profitability, as well as the lowest leverage ratio.

Providing preliminary results for the second quarter, At Home Group said it expects to report net income of at least $82 million, adjusted EBITDA of at least $150 million, net sales of about $515 million and comparable store sales growth of about 42 percent.

At Home Group has traded in a range of $1.20 to $13.25 in the past 52 weeks.

Read the original article on RTTNews ( https://www.rttnews.com/3116383/stock-alert-at-home-group-surges-as-it-sees-best-quarter-in-history.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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