Floor & Decor Holdings shares are trading lower after the company reported mixed Q2 financial results and cut its FY24 guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Floor & Decor Holdings shares are trading lower after the company reported mixed Q2 financial results and cut its FY24 guidance below estimates.
August 02, 2024 | 12:54 pm
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Floor & Decor Holdings shares are trading lower due to mixed Q2 financial results and a reduction in FY24 guidance below estimates.
The company's mixed Q2 results and the reduction in FY24 guidance below estimates are likely to negatively impact investor sentiment and lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100