Floor & Decor (NYSE:FND) issued an update on its first quarter 2019 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.26-0.28 for the period. The company issued revenue guidance of $474-482 million.Floor & Decor also updated its FY 2019 guidance to $1.07-1.12 EPS.
Shares of NYSE FND traded up $0.66 during midday trading on Thursday, hitting $37.39. 2,863,541 shares of the company’s stock were exchanged, compared to its average volume of 1,323,783. The company has a current ratio of 1.50, a quick ratio of 0.26 and a debt-to-equity ratio of 0.25. Floor & Decor has a 12 month low of $23.30 and a 12 month high of $58.28. The company has a market capitalization of $3.40 billion, a P/E ratio of 54.19, a P/E/G ratio of 1.24 and a beta of 1.64.
Floor & Decor (NYSE:FND) last announced its quarterly earnings data on Thursday, February 21st. The company reported $0.20 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.02. Floor & Decor had a return on equity of 19.82% and a net margin of 8.80%. The firm had revenue of $436.70 million during the quarter, compared to analysts’ expectations of $435.66 million. During the same period in the previous year, the firm earned $0.19 EPS. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. Analysts predict that Floor & Decor will post 0.95 EPS for the current fiscal year.
In other Floor & Decor news, Director George Vincent West sold 140,000 shares of the stock in a transaction dated Thursday, December 6th. The shares were sold at an average price of $31.12, for a total transaction of $4,356,800.00. Following the completion of the transaction, the director now owns 140,000 shares of the company’s stock, valued at approximately $4,356,800. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 215,000 shares of company stock valued at $6,917,000 in the last ninety days. 8.20% of the stock is currently owned by insiders.
Floor & Decor Company Profile
Floor & Decor Holdings, Inc operates as a multi-channel specialty retailer of hard surface flooring and related accessories. The company's stores offer tile, wood, laminate, and natural stone flooring products, as well as decorative and installation accessories. It serves professional installers, commercial businesses, and do it yourself customers.
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