Skip to main content

Earnings to watch: Floor And Decor (FND) reports Q3 results tomorrow

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

FND Cover Image

Specialty flooring retailer Floor & Decor (NYSE: FND) will be announcing earnings results this Thursday after market close. Here’s what investors should know.

Floor And Decor beat analysts’ revenue expectations last quarter, reporting revenues of $1.25 billion, up 3% year on year. It was a very strong quarter for the company, with a beat of analysts’ EPS estimates and a solid beat of analysts’ gross margin estimates.

Is Floor And Decor a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Floor And Decor’s revenue to grow 3.2% year on year, slowing from the 5.5% increase it recorded in the same quarter last year.

Floor And Decor total revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Floor And Decor has missed Wall Street’s revenue estimates multiple times over the last two years.

With Floor And Decor being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unfold for home furnishing and improvement retail stocks. However, there has been positive investor sentiment in the segment, with share prices up 4.8% on average over the last month. Floor And Decor is up 3.3% during the same time .

WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it.

This is what the early days of Palantir looked like before it became a giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

Recent Quotes

View More
Symbol Price Change (%)
AMZN  253.10
+0.00 (0.00%)
AAPL  347.10
+0.00 (0.00%)
AMD  560.26
+0.00 (0.00%)
BAC  50.68
+0.00 (0.00%)
GOOG  316.83
+0.00 (0.00%)
META  620.19
+0.00 (0.00%)
MSFT  531.33
+0.00 (0.00%)
NVDA  217.94
+0.00 (0.00%)
ORCL  130.53
+0.00 (0.00%)
TSLA  407.46
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.