ATLANTA (AP) — ATLANTA (AP) — Floor & Decor Holdings, Inc. (FND) on Wednesday reported third-quarter profit of $51.7 million.
The Atlanta-based company said it had net income of 48 cents per share.
The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share.
The company posted revenue of $1.12 billion in the period, which did not meet Street forecasts. Nine analysts surveyed by Zacks expected $1.14 billion.
Floor & Dcor expects full-year earnings in the range of $1.65 to $1.75 per share, with revenue in the range of $4.4 billion to $4.43 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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