Understand that buying a stock just before it reports is risky, since an EPS or sales miss could send it sharply lower. You can reduce your risk by waiting to see the actual numbers and the market’s reaction.
While EPS growth decreased in the company’s most recent quarterly report from 107% to 81%, the top line grew 37%, up from 31% in the prior report.
Analysts expect EPS growth of 55% for the quarter, and 29% growth for the full year. Annual EPS estimates were recently revised upward.
Floor & Decor has a 96 Composite Rating and holds the No. 1 rank among its peers in the Retail/Wholesale-Building Products industry group. Bluelinx (BXC) and Lowe’s Companies (LOW) are also among the group’s highest-rated stocks.
Floor & Decor CEO Tom Taylor is the subject of this week’s Leaders & Success profile in IBD Weekly
Note: Dates for earnings reports are subject to change. Check the company’s website for any updates.
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