Floor & Decor Holdings, Inc. Class A Stock News

On the heels of the recent release of a weak jobs report, now may be the time to figure out what are the consumer discretionary stocks to sell. Sure, economists and pundits may argue that this latest jobs report is not necessarily a sign of a looming U.S. recession.

Shifted recommendation from sell to hold due to potential demand recovery with Fed rate cuts. Floor & Decor's 2Q24 results showed the continued impact of a poor macro environment on SSSG and overall demand. Management's strategic decisions and margin improvements are positive, but valuation and uncertain demand recovery warrant a hold rating.

Floor & Decor Holdings, Inc. (NYSE:FND ) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Wayne Hood - Senior Vice President, Investor Relations Tom Taylor - Chief Executive Officer Trevor Lang - President Bryan Langley - Executive Vice President and CFO Conference Call Participants Zach Fadem - Wells Fargo Christopher Horvers - JPMorgan Michael Lasser - UBS Simeo...

ATLANTA--(BUSINESS WIRE)--Floor & Decor Holdings, Inc. (NYSE: FND) (“We,” “Our,” the “Company,” or “Floor & Decor”) announces its financial results for the second quarter of fiscal 2024, which ended June 27, 2024. Tom Taylor, Chief Executive Officer, stated, “We and our industry continue to contend with monetary policy affecting the housing market and repair and remodeling spending, including o...

Buffett has an affinity for credit card networks and issuers, and American Express combines both into one company. American Express is ramping up its marketing investments to tap into an attractive opportunity to add new cardholders.

As the second half of 2024 unfolds, the stock market continues to offer various investment opportunities ranging from large to small-cap equities.

ATLANTA--(BUSINESS WIRE)--Floor & Decor Announces Grand Opening of Deerfield, Illinois Store.

ATLANTA--(BUSINESS WIRE)--Floor & Decor Holdings, Inc. (NYSE: FND) today announced that its financial results for the second quarter of fiscal 2024 will be released after market close on Thursday, August 1, 2024. The company will host a conference call at 5:00 p.m. Eastern Time to discuss the financial results. A live audio webcast of the conference call, together with related materials, will b...