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Floor & Decor and OneWater Marine Classified as Consumer Discretionary

1 report, 1 independent Updated Oct 12
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Floor & Decor and OneWater Marine were classified as consumer discretionary companies. A comparison of the two companies shows both have a beta of 1.6, suggesting their share prices are 60% more volatile than the S&P 500.

From tickerreport.com

Why it matters

Some supportBrind's analysis of the reports

The classification places both companies within the consumer discretionary sector. notes that OneWater Marine has strong institutional ownership, with 94.3% of its shares held by institutional investors, compared to 1.8% of Floor & Decor shares held by insiders.

From tickerreport.com

Who's involved

  • Floor & DecorHome improvement store focused on flooring in the US
  • FNDTicker symbol for Floor & Decor
  • Brad PaulsenCEO/President of Floor & Decor
  • Morgan StanleyProvides financial ratings and investment coverage for Floor & Decor
  • Tom TaylorChief Executive Officer at Floor & Decor

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The entities involved

  • Floor & Decor

    home improvement store focused on flooring based in the US

    Nothing else this week.

Coverage

Newest first; wire copies grouped