What’s In The Cards For Floor & Decor In Q3? Analyst Sees Pressured Operating Margins Amid Weak Housing Market

Telsey Advisory Group analyst Joseph Feldman reiterated the Market Perform rating on Floor & Decor Holdings, Inc. FND, lowering the price target to $90 from $105. Floor & Decor will report 3Q23 earnings on Thursday, November 2. The analyst expects 3Q23 sales to increase 3% YoY to $1.1 billion, on a lower comp of (9.0%)...

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