Floor & Decor jumps after Q2 profit, sales beat
BUZZ-Floor & Decor jumps after Q2 profit, sales beat ** Shares of flooring supplies maker Floor & Decor Holdings FND.N up ~6% at $58.34 in aftermarket trading
** Co beats Q2 profit and sales estimates on resilient business model
** Q2 sales of $1.25 billion vs estimate of $1.23 billion - data compiled by LSEG
** Q2 adjusted EPS of 58 cents vs estimate of 56 cents
** Expects annual adj EPS of $1.88 to $2.13 compared to estimate of $1.91, maintains annual sales forecast
** "Demand for larger discretionary home improvement flooring projects remains uneven," says CEO Brad Paulsen
** As of last close, stock down 9% YTD
(Reporting by Koyena Das from Bengaluru)
Recent news on Floor & Decor Holdings
See all newsFloor & Decor Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
Floor & Decor jumps after Q2 profit, sales beat
Floor & Decor Q2 sales beat estimates, keeps 2026 store-opening plan
Brief: Floor & Decor Q2 Operating Income USD 123.984 Million
U.S. RESEARCH ROUNDUP- Caterpillar, Textron, Wesco International