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FND — Floor & Decor Holdings News Story

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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)

((Koyena.das@thomsonreuters.com))

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