— Home decor company At Home Group Inc. (NYSE: HOME) reported adjusted earnings of $0.37 per share for the fourth quarter of 2020, compared to $0.47 per share last year. Analysts expected $0.36 per share.
— On a reported basis, it was a net loss of $224.05 million or $3.50 per share, compared to profit of $29.6 million or $0.45 per share last year
— Net sales increased 12% annually to $397.72 million during the three-month period, vs. $397.7 million expected; comparable store sales dropped 3.1%
— Opened a net of 32 stores since last year, representing an 18% increase; ended the fourth quarter with 212 stores in 39 states
— Recognized a non-cash goodwill impairment charge of $250 million for fiscal 2020, based on the results of an interim test
— Company not providing first-quarter and fiscal year 2021 guidance in view of the rapidly evolving uncertainty related to COVID-19
— Closed all stores temporarily due to the epidemic and is accelerating omni-channel capabilities
— Withdrew about $151 million from the revolving credit facility to enhance financial flexibility and to preserve liquidity
Most Popular
Infographic: Intuitive Surgical Q4 earnings results
Intuitive Surgical (NASDAQ: ISRG) reported fourth-quarter 2020 financial results after the regular market hours on Thursday. The robotic product's manufacturer reported fourth-quarter revenue of $1.33 billion, up 4% year-over-year. Meanwhile,
Infographic: Seagate Technology (STX) Q2 2021 earnings
Seagate Technology plc (NASDAQ: STX) reported second-quarter 2021 earnings results after the closing bell on Thursday. Revenue increased to $2.62 billion from $2.69 billion last year. Analysts had expected revenue
IBM (IBM) Q4 2020 Earnings: Key financials and quarterly highlights
IBM (NYSE: IBM) reported its fourth quarter 2020 earnings results today. Revenue fell 6% year-over-year to $20.4 billion. GAAP net income fell over 60% to $1.3 billion, or $1.51 per
