Floor & Decor Holdings, Inc. (FND) PT Lowered to $66 at Barclays
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Floor & Decor Holdings (FND) tumbles after lowering guidance amid 'unexpected and accelerated decline' in sales
November 3, 2023 8:27 AM EDTFloor & Decor Holdings (NYSE: FND) shares tumbled 16% in pre-open Friday after the company reported its third-quarter earnings and updated its full-year outlook.
Earnings per share of 61 cents on revenue of $1.11 billion were compared to the analyst expectations for a profit per share of 56 cents on revenue of $1.13 billion.
Amidst the... More
