FND Stock Recent News

Floor & Decor's net sales grew during the first quarter. The company's financial health is enviable.

Floor & Decor stock is down because of a slowdown in the home improvement space. The company is winning with professional customers, and we could be on the cusp of a remodel boom.

Floor & Decor's first-quarter earnings disappointed investors. The retailer is efficient at creating profits and has a huge growth runway.

Greg Melich, equity analyst for retailing and hardline at Evercore ISI, joins 'The Exchange' to discuss Walmart and Lowe's, a slowdown in existing home sales impacting home improvement stocks, Walmart's positive traffic trends, and retail earnings expectations.

Today, we put Floor & Decor Holdings, Inc. in the spotlight for the first time. This flooring distributor faces headwinds from a challenged housing market, looks pricey on a valuation basis and saw significant insider sales earlier this year.

Floor & Decor Holdings, Inc. (NYSE:FND ) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Wayne Hood – Vice President-Investor Relations Tom Taylor – Chief Executive Officer Trevor Lang – President Bryan Langley – Executive Vice President and Chief Financial Officer Ersan Sayman – Executive Vice President-Merchandising Conference Call Participants Steven Zaccone – Citi Zach Fadem – Wells Fargo Simeon Gutman – Morgan Stanley Steven Forbes – Guggenheim Partners Michael Lasser – UBS Chuck Grom – Gordon Haskett Karen Short – Credit Suisse Seth Sigman – Barclays Kate McShane – Goldman Sachs Jonathan Matuszewski – Jefferies Justin Kleber – Baird Nathan Friedman – Wedbush Securities Chris Horvers – JP Morgan Liz Suzuki – Bank of America Operator Greetings, ladies and gentlemen, and welcome to the Floor & Decor Holdings First Quarter of 2023 Conference Call. At this time, all participants are in a listen-only mode.

Kraft Heinz is a sleeper in Buffett's portfolio, paying a 4% dividend yield. Floor & Decor isn't cheap, but its opportunity is enormous.

ATLANTA--(BUSINESS WIRE)--Floor & Decor Holdings, Inc. (NYSE: FND) today announced that its financial results for the first quarter of fiscal 2023 will be released after market close on Thursday, May 4, 2023. 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 be available online at ir.flooranddecor.com.

The hardwood flooring business is getting remodeled thanks to one stock. One Latin American fintech could have a transformational effect on how the region's consumers handle money.

Warren Buffett (Trades, Portfolio) is widely regarded as one of the greatest investors of all time. Between 1965 and 2022, his business conglomerate and investment vehicle, Berkshire Hathaway (BRK.A)(BRK.B), achieved an annualized gain of 19.8% per year, more than double the S&P 500's annualized gain of 9.9% over the same time frame.