Floor & Decor Holdings, Inc. Announces Third Quarter Fiscal 2019 Financial Results

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Floor & Decor Holdings (FND) Tops Q3 EPS by 1c, Revenues Miss; Lowers FY19 EPS/Revenue Guidance, Affirms Q4 EPS/Revenue Outlook Below Consensus

November 1, 2019 6:58 AM EDT

Floor & Decor Holdings (NYSE: FND) reported Q3 EPS of $0.27, $0.01 better than the analyst estimate of $0.26. Revenue for the quarter came in at $521.1 million versus the consensus estimate of $523.98 million.

Net sales increased 19.5% from the third quarter 2018 to $521.1 millionComparable store sales increased 4.6% from the third quarter 2018; Comparable store sales excluding Houston increased 6.0%Diluted earnings per share (EPS) increased 56.0% to $0.39 from $0.25 in the third quarter 2018; Adjusted diluted EPS increased 12.5% to $0.27 from $0.24 in the third quarter 2018Provides fourth quarter and updates full year fiscal 2019 sales and earnings outlook

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