Floor & Decor Holdings, Inc. (NYSE: FND)
Hagens Berman Sobol Shapiro LLP alerts investors in Floor & Decor Holdings, Inc. (NYSE: FND) to the firm's investigation into possible disclosure violations.
If you purchased or otherwise acquired securities of FND before August 2, 2018 and suffered losses contact Hagens Berman Sobol Shapiro LLP. For more infomation contact Reed Kathrein, who is leading the firm's investigation, by calling 510-725-3000 or emailing FND@hbsslaw.com.
On August 2, 2018, Floor & Decor and management reported disappointing Q2 2018 results, reduced revenue guidance for the rest of the year, and highlighted reduced benefits from Hurricane Harvey.
This news drove the price of the Company’s shares down $8.18, or over 17%, to close at $39.53 that day.
“We’re focused on investors’ losses and whether management’s statements concerning a favorable competitive environment were misleading,” said Hagens Berman partner Reed Kathrein.
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