- #Athome video streamer keeps closing and reopening update
- #Athome video streamer keeps closing and reopening free
Our final comps of 42% and total sales of $515 million or up 51%, were in line with the pre-announcement.Īs previously mentioned, we believe our sales increased at a rate significantly faster than the industry, and our market share was up meaningfully during Q2. As you know, we've pre-announced record preliminary Q2 results at the end of July. We also ended the quarter with the lowest leverage ratio since our IPO.
#Athome video streamer keeps closing and reopening free
We're pleased to deliver the best quarter in the company's history in terms of comp, profitability and free cash flow. Thank you for joining us to discuss our results for the second quarter fiscal 2021. Bird III - Chairman of the Board and Chief Executive Officer In addition, from time-to-time, At Home expects to provide certain supplemental materials or presentations for investor reference on the Investor Relations page of its website. If you do not have a copy of today's press release, you may obtain one by visiting the Investor Relations page of the website at. A reconciliation schedule showing the GAAP versus non-GAAP financial measures is available in At Home's press release issued today.
#Athome video streamer keeps closing and reopening update
The forward-looking statements made today are as of the date of this call, and At Home does not undertake any obligation to update any forward-looking statements.Īny discussion during this call of our results for the third quarter to-date will be provided to help investors understand and assess the near-term impacts of the COVID-19 pandemic, but are subject to variability and may not be indicative of our results or transfer any full reporting period.įinally, the speakers may refer to certain adjusted or non-GAAP financial measures on this call, such as adjusted EBITDA, adjusted operating income, pro forma adjusted net income, and pro forma adjusted earnings per share. Those are referred to in At Home's press release issued today and in filings that At Home makes with the SEC. Such forward-looking statements are subject to both known and unknown risks and uncertainties that could cause actual results to differ materially from such statements.
In particular, statements about our outlook and assumptions for financial performance for fiscal year 2021 and our long-term growth targets, as well as statements about the markets in which we operate, expected new store openings, real estate strategy, potential growth opportunities, market share, competition, future capital expenditures, future cash flows, the impact of tariffs, and the impact of the global outbreak of the COVID-19 pandemic are forward-looking statements. After the team has made their formal remarks, we will open the call to questions.īefore we begin, I need to remind you that certain comments made during this call may constitute forward-looking statements and are made pursuant to and within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995.
Please note that we will not be discussing financial guidance today. Jeff will provide color on the actions we've taken to optimize our balance sheet, a quick review of our financial results for the quarter and financial highlights from the third quarter. Peter will then provide an update on our operational, supply chain and inventory management initiatives. Lee will begin by updating you with a high-level discussion of the results for the second quarter and a few highlights from our ongoing third quarter. On the call today are Chairman and Chief Executive Officer, Lee Bird President and Chief Operating Officer, Peter Corsa and Chief Financial Officer, Jeff Knudson. Good afternoon, everyone, and thank you for joining us today for At Home's second quarter fiscal year 2021 earnings results conference call.
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