Floor & Decor Holdings, Inc. Revises Preliminary Guidance for the Thirteen Weeks and Twelve Month Ended December 28, 2017
January 08, 2018 at 06:45 am
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Floor & Decor Holdings, Inc. revised preliminary guidance for the thirteen weeks and twelve month ended December 28, 2017. For the thirteen, the company expected net sales of $387-$389 million compared to $362-$370 million a prior guidance. GAAP diluted EPS of $0.43-$0.44 compared to $0.15 -$0.16 a prior guidance. Adjusted diluted EPS of $0.17-$0.18 compared to $0.14 -$0.16 a prior guidance.
For the twelve months, the company expected net sales of $1,382-$1,384 million compared to $1,357-$1,365 million a prior guidance. GAAP diluted EPS of $1.00-$1.01 compared to $0.70 -$0.72 a prior guidance. Adjusted diluted EPS of $0.67-$0.68 compared to $0.64 -$0.65 a prior guidance.
Floor & Decor Holdings, Inc. is a multi-channel specialty retailer and commercial flooring distributor. It primarily sells hard surface flooring and related accessories and is a seller of commercial surfaces. The Company operates 221 warehouse-format stores and five design studios across 36 states. The Company offers an assortment of in-stock hard-surface flooring, including tile, wood, laminate and vinyl, and natural stone, along with decorative accessories and wall tile, installation materials, and adjacent categories. The Company offers its products to various customers, including professional installers and commercial businesses (Pro) and homeowners, which are comprised of do-it-yourself customers (DIY) and buy it yourself customers who buy the products for professional installation (BIY). Its warehouse-format stores, which average approximately 78,000 square feet. The Companyâs subsidiary is Floor and Decor Outlets of America, Inc.
FLOOR & DECOR HOLDINGS, INC. 
