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Floor & Decor beat Q1 earnings estimates but saw stock fall; updated FY2025 guidance given.
Floor & Decor (FND) reported a strong first quarter with earnings per share (EPS) of $0.39, beating estimates by $0.14.
Despite the positive earnings, the company’s stock fell $2.58 to $92.75 on the day of the report.
FND updated its fiscal year 2025 guidance to 1.800-2.100 EPS.
The retailer, which focuses on hard surface flooring, also plans to open 25 new stores by 2025, aiming for sales up to $4.9 billion.
Analysts have given mixed reviews on FND shares.
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Floor & Decor superó las estimaciones de ganancias Q1, pero vio la caída de stock; orientación actualizada FY2025 dada.