Floor & Decor Holdings (FND) Tops Q1 EPS by 7c, Beats on Revenues; Boosts FY18 Outlook, Remains Below Consensus

Floor & Decor Holdings (NYSE: FND) reported Q1 EPS of $0.30, $0.07 better than the analyst estimate of $0.23. Revenue for the quarter came in at $402.9 million versus the consensus estimate of $399.91 million.

• Net sales increased 31.1% from first quarter 2017 to $402.9 million
• Comparable store sales increased 15.6% from first quarter 2017
• Diluted earnings per share (“EPS”) increased 130.8% to $0.30 from $0.13 in the first quarter 2017; adjusted diluted EPS increased 100.0% to $0.26 from $0.13 in the first quarter 2017
• Raising full year sales and earnings outlook reflecting year-to-date performance

GUIDANCE:

Floor & Decor Holdings sees FY2018 EPS of $0.93-$1.01, versus the consensus of $1.00. Floor & Decor Holdings sees FY2018 revenue of $1.705-1.735 billion, versus the consensus of $1.74 billion.

For earnings history and earnings-related data on Floor & Decor Holdings (FND) click here.

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