Floor & Decor Holdings (FND) Tops Q4 EPS by 2c, Revenues Beat; Q1 Revenue & FY19 EPS Guidance Below Consensus
Floor & Decor Holdings (NYSE: FND) reported Q4 EPS of $0.20, $0.02 better than the analyst estimate of $0.18. Revenue for the quarter came in at $436.7 million versus the consensus estimate of $435.64 million.
Tom Taylor, Chief Executive Officer, stated, “We are pleased with our fourth quarter and fiscal 2018 results. We successfully opened 17 new stores during fiscal 2018, including the opening of our 100th store in Burlingame, California. This is a significant milestone for our Company, as we continue down a path towards 400 potential stores. Our fourth quarter and full year 2018 results are a testament to the hard work and dedication that all our associates demonstrate every day serving our customers and communities. They are key to our success.”
Mr. Taylor continued, “We remain highly confident in the long-term momentum that is building at Floor & Decor and are proud to have finished 2018 with our 10th consecutive year of double-digit comparable same store sales growth excluding the impact on the Houston market due to Hurricane Harvey and our sixth consecutive year of 20% new store growth. We enter 2019 in a strong position and remain committed to and building on the same strategies and investments in our business that have made us successful for almost two decades.”
GUIDANCE:
Floor & Decor Holdings sees Q1 2019 EPS of $0.26-$0.28, versus the consensus of $0.27. Floor & Decor Holdings sees Q1 2019 revenue of $474-482 million, versus the consensus of $487.87 million.
Floor & Decor Holdings sees FY2019 EPS of $1.07-$1.12, versus the consensus of $1.13. Floor & Decor Holdings sees FY2019 revenue of $2.06-2.094 billion, versus the consensus of $2.09 billion.
For earnings history and earnings-related data on Floor & Decor Holdings (FND) click here.
