These Analysts Revise Their Forecasts On Floor & Decor After Q2 Results

Floor & Decor Holdings, Inc. FND reported mixed results for the second quarter.

Floor & Decor posted quarterly earnings of 66 cents per share, in-line with market expectations. The company’s quarterly sales came in at $1.14 billion, versus estimates of $1.15 billion.

Floor & Decor shares fell 7% to $103.31 in pre-market trading.

These analysts made changes to their price targets on Floor & Decor following earnings announcement.

• Telsey Advisory Group raised the price target on Floor & Decor from $85 to $105. Telsey Advisory Group analyst Joseph Feldman maintained a Market Perform rating.
• Citigroup cut the price target on Floor & Decor from $133 to $122. Citigroup analyst Steven Zaccone maintained a Buy rating.

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