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FND - Is Lowe's Stock A Good Long-Term Investment? Why Recent Correction Is A Buying Opportunity
May, 26 2022 08:30 AM
Floor & Decor Holdings Inc.
In the recent quarter, comp sales decreased 4% due to the delayed spring selling season and tougher comparison from Q1 2021. Despite a drop in comp sales, the PRO category grew 20%, and the operating margin improved by 67 basis points. Given the initiatives to gain market share in the PRO category and improve operational efficiencies, the company's long-term prospects look good. For further details see:
Is Lowe's Stock A Good Long-Term Investment? Why Recent Correction Is A Buying Opportunity
Stock Information
Company Name:
Floor & Decor Holdings Inc.
Stock Symbol:
FND
Market:
NYSE
Website:
flooranddecor.com
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