Floor & Decor Hldgs Q2 2024 GAAP EPS $0.52 Beats $0.51 Estimate, Sales $1.133B Miss $1.150B Estimate
Portfolio Pulse from Benzinga Newsdesk
Floor & Decor Holdings (NYSE:FND) reported Q2 2024 earnings per share (EPS) of $0.52, beating the analyst estimate of $0.51. However, sales of $1.133 billion missed the $1.150 billion estimate. EPS decreased by 21.21% year-over-year, and sales decreased by 0.26% year-over-year.
August 01, 2024 | 8:10 pm
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Floor & Decor Holdings reported Q2 2024 EPS of $0.52, beating estimates, but sales of $1.133 billion missed expectations. EPS decreased by 21.21% year-over-year, and sales decreased by 0.26% year-over-year.
While the EPS beat estimates, the miss on sales and the year-over-year declines in both EPS and sales could create mixed sentiment among investors. The stock price may experience volatility as the market digests the earnings report.
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