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Floor & Decor Holdings, Inc. (FND)

NYSE - Nasdaq Real Time Price. Currency in USD
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69.14-2.96 (-4.11%)
At close: 04:00PM EDT
69.14 0.00 (0.00%)
After hours: 06:57PM EDT
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  • P
    Peter
    $LL conversation
    If one bought $LL and shorted $FND around November - December 2021, one would be a very happy camper. Considering that $FND is still hugely overpriced, even for supposedly "fast growing" company, and that $LL at these prices is a solid buyout bait, the trade positions should stay in place. ($FND has more than double the Operating and Net Margins of $LL with only slightly higher GMs, so they are clearly more operationally efficient, but their huge valuation premium - in general and over $LL - is not justified and is still way above what it should be.)

    BTW, since $LL is in business of selling more "flooring" than "lumber," and that Lumber Liquidators name became somewhat "tainted" after 60 Minutes hit job and DOJ actions years ago, the name change to LL Flooring seems appropriate and making sense... even if boring.

    2021-04-17 $LL $FND
  • D
    Dimitar
    Hello again. Check my previous post 6 months ago. Small world eh ?
  • F
    First
    Warren Buffett announced to purchase FND shares when it was low $120. I did think it was pricy for WB to purchase shares at such price. Then again maybe they know something that we don't.
  • D
    Dave
    More downside here or bottomed at 80? They are growing so fast. At some point this is too good to pass up for anyone.
  • Y
    Yahoo Finance Insights
    Floor & Decor reached a 52 Week low at 77.05
  • Y
    Yahoo Finance Insights
    Floor & Decor reached a 52 Week low at 72.64
  • M
    MOR
    The guys beat forecasts with amazing results again.
    Net sales increased 86.0% from the second quarter of fiscal 2020 to $860.1 million.
    Comparable store sales increased 68.4% from the second quarter of fiscal 2020.
    Diluted earnings per share (“EPS”) increased 156.7% to $0.77 from $0.30 in the second quarter of fiscal 2020; Adjusted diluted EPS* increased 461.5% to $0.73 from $0.13 in the second quarter of fiscal 2020.
  • W
    Wizzles
    The institutional investors of this stock have historically been quite happy to hold at these PE ratios. Since analyst estimates of YoY quarterly improvements are huge, I think it would be a mistake to short and this time. Unless, the stock price skyrockets prior to earnings.
  • Y
    Yahoo Finance Insights
    Floor & Decor reached a 52 Week low at 82.36
  • B
    Bill
    that is pretty cheap for a fantastic business model that will double revenues in 4 years and currently trading at sub 20x earnings. They are taking lumber liquidators to school and contractors much prefer these guys to HD and LOW. this business will never be amazoned due to freight logistics and customers wanting to touch and feel. Using the tariff and home fears to stock up. Good priced flooring isn't going out of style. Ares had to take 1/3rd of their great investment off the table of liquidity purposes. They also did this at $37 a share... I believe in 10 years this business will be doing $5B a year with a $500MM operating profit and will eventually be paying a juicy dividend. This is just a great business with only 80 stores and can easily open 500 in USA.
  • A
    Al Bundy says Lets Rock
    wow
  • W
    Wizzles
    Another 3M shares issued by FND this quarter. Where is management's faith in the company!?
  • M
    Mike
    Floor & Decor Holdings, Inc. (NYSE:FND) Q1 2020 Earnings Conference Call April 30, 2020, 05:00 PM ET Company Participants Wayne Hood - VP of IR Thomas Taylo
    Floor & Decor Holdings, Inc. (NYSE:FND) Q1 2020 Earnings Conference Call April 30, 2020, 05:00 PM ET Company Participants Wayne Hood - VP of IR Thomas Taylo
    seekingalpha.com
  • H
    Heather
    Today FND was downgraded by an analyst who said the housing market is slowing, and doesn't see any upside from here. She gave a 12 month price target of $44. Yet today, the stock is trading over the 12 month target. This is the second downgrade for FND in as many days.
  • a
    an-allright-guy
    Bought 2000 at $39.50. We'll see what tomorrow brings.
  • r
    raggwead
    20s on the way.
  • B
    Bill
    Nothing surprising here. Good business good quarter. How could you short this cash flow machine business model with another 400 cookie cutter stores to open in the US?
  • s
    sbright175
    This is an excellent earning report. I don't understand the negative reaction?
  • J
    Jeff18
    Berkshire purchase
  • R
    Robot
    I'm glad to see the top executives taking steps to share some pain with it's workers. However, the 8-K reported a temporary suspension of full pay for executives and salaried workers. When it went into effect is clear, when it will end or be reviewed is undefined. I understand, no one knows for sure how this pandemic will play out. But I would also like to see that the options will not be repriced as the stock heads lower (and it will - sorry). The good news is that when this is over, much competition will be out of business and demand pent up.
    The existing options will regain its value. There is no need to reprice at the expense of investors. Investors can't reprice what was paid for the stock, executives and directions shouldn't reprice their options. We are either in this together, or not.