INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Floor & Decor Holdings, Inc. Investors (FND)
BENSALEM, Pa.--(BUSINESS WIRE)--May 24, 2019--
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 firstname.lastname@example.org, 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.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190524005460/en/
CONTACT: Law Offices of Howard G. Smith
Howard G. Smith, Esquire
KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Law Offices of Howard G. Smith
Copyright Business Wire 2019.
PUB: 05/24/2019 07:22 PM/DISC: 05/24/2019 07:22 PM