Floor & Decor reports Q3 EPS 53c, consensus 45c

Reports Q3 revenue $1.18B, consensus $1.18B. Comparable store sales decreased 1.2%. Tom Taylor, Chief Executive Officer, stated, “We are pleased to report third quarter diluted earnings per share of $0.53, a 10.4% increase from $0.48 in the same period last year. This result exceeded the high end of our guidance and marks our second consecutive quarter of double-digit EPS growth, a testament to our operational discipline amid persistently soft demand in the hard surface flooring industry.”