FND - Why Planet Fitness and Floor & Decor Holdings Jumped Double Digits in August but Camping World Fell 20%
Shares of construction-oriented retailer Floor & Decor Holdings (NYSE: FND) rose 11% in August according to data from S&P Global Market Intelligence. Gym company Planet Fitness (NYSE: PLNT) had an even better showing, rising 16.5%. However, all retail names didn't do nearly that well, with recreational vehicle and outdoor specialist Camping World Holdings (NYSE: CWH) off by roughly 20.5% in the month.
August represents an interesting turn of events when you step back and look at the earnings of each of these three retail names. To help put that in perspective, however, it helps to examine the price performance of the stocks between January and August. Over that eight month span Camping World Holdings was up 97%, Floor & Decor was up 44%, and Planet Fitness was down nearly 19%. For reference, the S&P 500 index was up 8.5% over the same period.
Image source: Getty Images.