ATLANTA (AP) — ATLANTA (AP) — Floor & Decor Holdings, Inc. (FND) on Thursday reported first-quarter earnings of $50 million.
The Atlanta-based company said it had profit of 46 cents per share.
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.
The company posted revenue of $1.1 billion in the period, which missed Street forecasts. Nine analysts surveyed by Zacks expected $1.11 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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