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Floor & Dcor: Q4 Earnings Snapshot

By AP News
Published

ATLANTA (AP) — ATLANTA (AP) — Floor & Decor Holdings, Inc. (FND) on Thursday reported fourth-quarter net income of $37.1 million.

On a per-share basis, the Atlanta-based company said it had net income of 34 cents.

The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share.

The company posted revenue of $1.05 billion in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $1.01 billion.

For the year, the company reported profit of $246 million, or $2.28 per share. Revenue was reported as $4.41 billion.

Floor & Dcor expects full-year earnings to be $1.75 to $2.05 per share, with revenue in the range of $4.6 billion to $4.77 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FND at https://www.zacks.com/ap/FND

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