At Home Group Inc. opened 12 gross and 9 net new stores in the third quarter of fiscal 2020 and ended the quarter with 213 stores in 39 states. The Company has opened a net 40 stores since the third quarter of fiscal 2019, representing a 23.1% increase.
Net sales increased 19.3% to $318.7 million from $267.2 million in the third quarter of fiscal 2019 driven by the net increase in open stores. Comparable store sales decreased 2.0% compared to an increase of 5.2% in the third quarter of fiscal 2019, primarily driven by unfavorable customer response in certain categories to tariff-related strategic price increases.. . . more