Specialty flooring retailer Floor & Decor (NYSE: FND) will be reporting results tomorrow after market hours. Here’s what you need to know.
Floor And Decor beat analysts’ revenue expectations by 1.9% last quarter, reporting revenues of $1.11 billion, up 5.7% year on year. It was a very strong quarter for the company, with an impressive beat of analysts’ EPS estimates and a solid beat of analysts’ EBITDA estimates.
Is Floor And Decor a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Floor And Decor’s revenue to grow 6.1% year on year to $1.16 billion, a reversal from the 2.2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.45 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Floor And Decor has missed Wall Street’s revenue estimates five times over the last two years.
With Floor And Decor being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for home furnishing and improvement retail stocks. However, the segment has faced declining investor sentiment as Floor And Decor’s peer group is down 2.9% on average over the last month. Floor And Decor is down 10.1% during the same time and is heading into earnings with an average analyst price target of $98.73 (compared to the current share price of $71.79).
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