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home / news releases / CA - Floor & Decor: Diverging Fundamentals Suggests Portfolio Reduction

CA - Floor & Decor: Diverging Fundamentals Suggests Portfolio Reduction

CA Inc.

2024-04-01 13:38:52 ET

Summary

  • The company's fiscal 2023 financial results were mixed, with positives including improved net sales and cash flow, and negatives including declining comparable store sales and operating margin.
  • There is a significant connection between the performance of FND and the housing market. And it looks far from recovery.
  • Floor & Decor's recent rally in stock price does not align with its fundamentals, reducing weighting in portfolios is therefore considered an appropriate action.

I observed a widening gap between Floor & Decor's (FND) fundamentals and its stock price....

For further details see:

Floor & Decor: Diverging Fundamentals Suggests Portfolio Reduction
Stock Information
Company Name: CA Inc.
Stock Symbol: CA
Market: NASDAQ
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