At Home Group (HOME) reported earnings on Thur 6 June 19 (b/o)

** charts after earnings **

 

At Home Group misses by $0.01, reports revs in-line; guides Q2 EPS below consensus, revs below consensus; guides FY20 EPS below consensus, revs below consensus

• Reports Q1 (Apr) earnings of $0.03 per share, $0.01 worse than the S&P Capital IQ Consensus of $0.04; revenues rose 19.6% year/year to $306.3 mln vs the $305.43 mln S&P Capital IQ Consensus.
  • Q1 comparable store sales decreased 0.8%
• Co issues downside guidance for Q2, sees EPS of $0.14-0.17 vs. $0.27 S&P Capital IQ Consensus; sees Q2 revs of $340-345 mln vs. $358.71 mln S&P Capital IQ Consensus.
  • Q2 Comp store sales; (1)% to 1%
• Co issues downside guidance for FY20, sees EPS of $0.67-0.74 vs. $1.03 S&P Capital IQ Consensus; sees FY20 revs of $1.37-1.39 bln vs. $1.4 bln S&P Capital IQ Consensus.
  • FY20 Comp store sales: (1)% to 1%