Floor & Decor Prepared For Current Tariffs As Sourcing Shift Limits China Exposure: Analyst

From Yahoo Finance: 2025-05-02 17:14:00

Floor & Decor Holdings, Inc. saw its price forecast trimmed by Telsey analyst to $100 from $115, maintaining an Outperform rating. First-quarter EPS was 45 cents, below the 46 cents estimate, with net sales of $1.16 billion in line. FY25 guidance was lowered, with a comp decline of -1.8% in Q1. The company is prepared for current tariffs and has shifted sourcing to limit China exposure. Despite guidance reduction, Telsey remains optimistic about long-term growth potential. Shares of FND rose 2.51% to $74.06.



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