BENSALEM, Pa.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24FND&src=ctag” target=”_blank”gt;$FNDlt;/agt; lt;a href=”https://twitter.com/hashtag/classaction?src=hash” target=”_blank”gt;#classactionlt;/agt;–Law Offices of Howard G. Smith announces an investigation on behalf of
Floor & Decor Holdings, Inc. (“Floor & Decor” or the
“Company”) (NYSE: FND)
investors concerning the Company and its officers’ possible violations
of federal securities laws.
On August 2, 2018, the Company reported lower-than-expected revenue for
second quarter 2018 and reduced its sales and earnings per share
guidance for fiscal year 2018, citing sales shift to lower margin
products such as laminate flooring.
On this news, the Company’s share price fell $8.18, nearly 17%, to close
at $39.53 per share on August 2, 2018, thereby injuring investors.
If you purchased Floor & Decor securities, have information or would
like to learn more about these claims, or have any questions concerning
this announcement or your rights or interests with respect to these
matters, please contact Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania
19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by
email to [email protected],
or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
[email protected]
www.howardsmithlaw.com
