At Home Group: Fiscal 2Q Earnings Snapshot
PLANO, Texas (AP) _ At Home Group Inc. (HOME) on Tuesday reported fiscal second-quarter profit of $89.4 million.
On a per-share basis, the Plano, Texas-based company said it had profit of $1.39. Earnings, adjusted for one-time gains and costs, were $1.41 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.
The home decor retailer posted revenue of $515.2 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $515 million.
At Home Group shares have more than quadrupled since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $22.93, more than tripling in the last 12 months.