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Floor & Decor (FND) Q2 EPS Rises 12%

Floor & Decor (FND 2.18%), the specialty retailer focused on hard surface flooring, posted better-than-expected GAAP results. The company reported diluted earnings per share (GAAP) of 0.58andrevenue(GAAP)of0.58 and revenue (GAAP) of 1.21 billion, both topping consensus GAAP estimates of 0.56and0.56 and 1.21 billion, respectively. The period marked its first positive same-store sales growth since late 2022, breaking a multi-quarter negative streak. While the company saw improvements in sales, profit margins, and operating income, co ...