Floor & Decor (NYSE:FND) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided earnings per share guidance of $0.17-0.18 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.16. The company issued revenue guidance of $387-389 million, compared to the consensus revenue estimate of $370.30 million.
Floor & Decor (NYSE:FND) traded up $1.17 during trading hours on Monday, reaching $48.14. The company’s stock had a trading volume of 667,300 shares, compared to its average volume of 987,600. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.18 and a current ratio of 1.33. Floor & Decor has a 52 week low of $29.37 and a 52 week high of $49.86.
Floor & Decor (NYSE:FND) last announced its quarterly earnings results on Thursday, November 2nd. The company reported $0.17 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.03. The business had revenue of $343.90 million during the quarter, compared to analyst estimates of $338.62 million. Floor & Decor had a return on equity of 26.39% and a net margin of 5.62%. The firm’s revenue was up 26.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.12 EPS. equities analysts forecast that Floor & Decor will post 0.67 earnings per share for the current fiscal year.
In other news, Director George Vincent West sold 50,000 shares of the company’s stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of $37.90, for a total transaction of $1,895,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Thomas V. Taylor sold 20,207 shares of the company’s stock in a transaction that occurred on Friday, December 22nd. The stock was sold at an average price of $45.07, for a total value of $910,729.49. Following the transaction, the chief executive officer now owns 24,726 shares of the company’s stock, valued at $1,114,400.82. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 5,647,246 shares of company stock valued at $201,948,218.
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About Floor & Decor
Floor & Decor Holdings, Inc, formerly FDO Holdings, Inc, is a retailer of hard surface flooring and related accessories. The Company retails its products such as tile, stone, wood, marble, glass and decoratives. The Company has 72 stores across 17 states in the United States. The Company provides its products to customers, including professional installers and commercial businesses (Pro), Do it Yourself customers (DIY) and customers who buy the products for professional installation (Buy it Yourself or BIY).
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