Floor & Decor(FND)

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Floor & Decor (FND) to Debut in Rhode Island With Warehouse Store
ZACKS· 2024-08-23 18:35
Floor & Decor Holdings, Inc. (FND) announced its debut in Warwick, RI with a warehouse store and design center. Located at 300 Quaker Lane, the new store will house a team of approximately 50 full-time and part-time associates led by the store's chief executive merchant. The opening of the store will be celebrated by a ribboncutting ceremony on Aug 29, 2024, with the Chamber of Commerce of Central Rhode Island. The Warwick store will give away a $5,000 Floor Makeover and a VIP ticket package to Providence C ...
Bear of the Day: Floor & Decor (FND)
ZACKS· 2024-08-09 11:10
Floor & Décor Holdings, Inc. (FND) recently cut full year guidance due to soft demand. This Zacks Rank #5 (Strong Sell) is expected to see earnings decline by the double digits this year. Floor & Décor is a specialty retailer and commercial flooring distributor with 230 stores and 5 design studios in 36 states. It offers an assortment of in-stock hard-surface flooring, including tile, wood, laminate, vinyl and natural store as well as decorative accessories and wall tile and installation materials. Another ...
Floor & Decor Holdings: Timing Of Demand Recovery Is Still Uncertain (Rating Upgrade)
Seeking Alpha· 2024-08-04 13:41
Jonathan Knowles Summary Following my coverage of Floor & Decor Holdings (NYSE:FND) in May '24, for which I recommended a sell rating due to my expectation that the poor macro backdrop was going to be a major growth headwind for the business, this post is to provide an update on my thoughts on the business and stock. While the stock price did not fall all the way to $70+, I believe my previous sell rating proved to be the right recommendation as the stock fell from $112 to $95 today. Based on the recent res ...
Floor & Decor(FND) - 2024 Q2 - Earnings Call Transcript
2024-08-02 02:18
Floor & Decor Holdings, Inc. (NYSE:FND) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Wayne Hood - Senior Vice President, Investor Relations Tom Taylor - Chief Executive Officer Trevor Lang - President Bryan Langley - Executive Vice President and CFO Conference Call Participants Zach Fadem - Wells Fargo Christopher Horvers - JPMorgan Michael Lasser - UBS Simeon Gutman - Morgan Stanley Chuck Grom - Gordon Haskett Seth Sigman - Barclays Steve Forbes - Guggenheim Securities St ...
Floor & Dcor (FND) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-08-02 00:00
For the quarter ended June 2024, Floor & Dcor (FND) reported revenue of $1.13 billion, down 0.2% over the same period last year. EPS came in at $0.52, compared to $0.66 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.14 billion, representing a surprise of -1.00%. The company delivered an EPS surprise of +4.00%, with the consensus EPS estimate being $0.50. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how t ...
Floor & Dcor (FND) Q2 Earnings Top Estimates
ZACKS· 2024-08-01 22:21
Floor & Dcor (FND) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 4%. A quarter ago, it was expected that this company would post earnings of $0.44 per share when it actually produced earnings of $0.46, delivering a surprise of 4.55%. Over the last four quarters, the company has sur ...
Floor & Decor(FND) - 2024 Q2 - Quarterly Report
2024-08-01 20:21
Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Class A common stock, $0.001 par value per share FND New York Stock Exchange Emerging Growth Company ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ FORM 10-Q _________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 27, 2024 OR ☐ TRANS ...
Floor & Decor(FND) - 2024 Q2 - Quarterly Results
2024-08-01 20:16
Floor & Decor Holdings, Inc. Announces Second Quarter Fiscal 2024 Financial Results Net sales of $1,133.1 million decreased 0.2% from the second quarter of fiscal 2023 Comparable store sales decreased 9.0% Diluted earnings per share of $0.52 Opened five new warehouse stores ATLANTA--(BUSINESS WIRE)--August 1, 2024--Floor & Decor Holdings, Inc. (NYSE: FND) ("We," "Our," the "Company," or "Floor & Decor") announces its financial results for the second quarter of fiscal 2024, which ended June 27, 2024. Tom Tay ...
Floor & Dcor (FND) Soars 5.2%: Is Further Upside Left in the Stock?
ZACKS· 2024-07-12 16:50
The strategic emphasis on expanding market share through new warehouse-format stores, along with leveraging everyday low prices and value-driven options, indicates Floor & Decor Holdings' commitment to attracting more customers and increasing sales volume. By offering trend-right product assortments and ensuring ample stock, the company aims to meet customer demand efficiently. For Floor & Dcor, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usua ...
Floor & Decor (FND) to Debut in Columbus With Warehouse Store
ZACKS· 2024-06-24 15:15
Floor & Decor Holdings, Inc. (FND) focuses intently on expanding its market share by opening new warehouse-format stores, capitalizing on its everyday low prices and value-driven options, diversified and instyle product offerings, and valuing customers' demand trends. Floor & Decor on an Expansion Spree During the fiscal first quarter (ended Mar 28, 2024), the company opened four new warehouse stores. This brought the quarter-end count to 225 warehouse stores and five design studios. The openings included n ...