As Floor & Decor Holdings, Inc. (FND) gears up to report its third-quarter 2024 earnings on Oct. 30, after market close, investors are closely monitoring for insights into its performance and strategic direction.The Zacks Consensus Estimate for third-quarter revenues is pegged at $1.14 billion, which indicates an increase of 2.8% from the prior-year reported figure.However, the bottom line of this multi-channel specialty retailer and commercial flooring distributor is anticipated to have declined year over ...

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 ...

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 ...

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 ...

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) 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 ...

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 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 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FORM 10-Q _________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 28, 2024 OR For the transition period from ____ to ____ Commission file number 001-38070 _____________________ ...

Floor & Decor Holdings, Inc. Announces First Quarter Fiscal 2024 Financial Results Net sales of $1,097.3 million decreased 2.2% from the first quarter of fiscal 2023 Comparable store sales decreased 11.6% Diluted earnings per share of $0.46 Opened four new warehouse stores ATLANTA--(BUSINESS WIRE)--May 2, 2024--Floor & Decor Holdings, Inc. (NYSE: FND) ("We," "Our," the "Company," or "Floor & Decor") announces its financial results for the first quarter of fiscal 2024, which ended March 28, 2024. Tom Taylor, ...