HOME - At Home Group posts strong guidance update ahead of ICR conference
At Home Group (HOME) says it expects Q4 comparable store sales of approximately 23% to 24% vs. prior guidance for a mid-to-high teens increase. As of the end of December, HOME had total liquidity of $456M, including $162M in cash and $29M in borrowings available under its credit facility. CEO update: "Fourth quarter comps for both our everyday and seasonal assortments are playing out ahead of our expectations, and our balance sheet remains in great shape. We are excited about the continued strong momentum in our business and our inventory position as we head into fiscal 2022."The retailer will present at the ICR Conference on January 11.HOME +0.67% premarket to $18.10.Shares of At Home have been in an uptrend since the Georgia Senate races went for the Democrats.
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At Home Group posts strong guidance update ahead of ICR conference