Floor & Decor Holdings (FND) Tops Q4 EPS by 3c

Floor & Decor Holdings (NYSE: FND) reported Q4 EPS of $0.47, $0.03 better than the analyst estimate of $0.44. Revenue for the quarter came in at $723.7 million versus the consensus estimate of $696.77 million.

Fiscal 2021 Outlook

The COVID-19 pandemic had a material negative impact on our financial results during the first two quarters of fiscal 2020. While our financial results improved during the second half of fiscal 2020 relative to the first half of the year, the full impact that the pandemic could have on the broader economy and our business in fiscal 2021 remains highly uncertain. We continue to monitor the situation closely with regards to our associates, customers, business partners, and supply chain. However, given the evolving nature of the pandemic and uncertainty regarding its potential severity and duration, the full financial impact of the pandemic on our business cannot be reasonably estimated at this time, and we are planning for fiscal 2021 based on a range of potential outcomes. Due to the continued uncertainty regarding the ongoing impacts of the COVID-19 pandemic and the associated complexity of forecasting, we are providing select annual guidance for new store openings and certain other financial measures that we believe we can reasonably forecast.

For earnings history and earnings-related data on Floor & Decor Holdings (FND) click here.

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