PLANO, Texas, Aug. 3, 2017 /PRNewswire/ --
Company Celebrates Record Levels of Growth and Profitability in First Year As Public Company
At Home Group Inc. (NYSE: HOME) announced it will commemorate the company's one-year anniversary of its initial public offering by ringing the NYSE Closing Bell® today at the New York Stock Exchange. At Home Chairman and Chief Executive Officer Lee Bird will be joined by members of the company's real estate and leadership team for the ceremony.
"We've had a remarkable journey this past year with record levels of growth and profitability," said At Home Chairman and Chief Executive Officer Lee Bird. "Our strategy is working because we have an excellent customer value proposition, a great business model with industry-leading profitability and employees who love to work here. You have to have all three of these components to be successful in any business. In our efforts to become the leading home décor retailer in America, we continue to redefine the landscape through our differentiated and highly efficient operating model."
At Home completed an initial public offering in August 2016. It is one of the fastest growing retailers in America and was recently named the winner of a Gold Stevie® Award for Retail Company of the Year. The company has delivered revenue growth at a 20 percent compounded annual rate over the past four years.
At Home's real estate team has been at the forefront of the company's growth, opening 80 new stores in just over four years, with 21 net new stores since its initial public offering and plans to open 25 net new stores in fiscal 2018.
"Our team has accomplished a great deal over the past year," said At Home Chief Development Officer, Norman E. McLeod. "We are excited about the opportunities ahead and as we continue to expand across the country, we believe we can grow our nationwide footprint almost five times that of our current base."
ABOUT AT HOME:
At Home (NYSE: HOME), the home décor superstore, offers more than 50,000 on-trend home products to fit any budget or style, from sofas, dining sets, mattresses and patio furniture to lamps, pillows, kitchenware, rugs and more, plus seasonal décor that includes yard displays, lights and Christmas trees. At Home is headquartered in Plano, Texas, and currently operates 136 stores in 33 states. For more information, visit the company online http://www.athome.com or find us on Facebook (AtHomeStores), Instagram (AtHomeStores) or Pinterest (AtHomeStores).
Jessica Liddell, ICR
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SOURCE At Home Group Inc.