Floor & Decor Q4 sales up 26.4% but EPS falls 14.8%; expands store target to 500

Floor & Decor Holdings, Inc.

2021-FY EPS reported $2.64 revenue$3,433,533,000

Q4 net sales $914.3M (+26.4% YoY); comp store sales +14.0%.
Q4 diluted EPS $0.46 (down 14.8%); adjusted diluted EPS $0.44 (down 6.4%).
Full year FY2021 net sales $3,433.5M (+41.5%); diluted EPS $2.64 (+43.5%).
Opened 27 new stores in FY2021 (total 160); plans 32 new stores in FY2022.
Long-term store potential expanded to at least 500 from prior 400; President Laube to transition to consulting role.

item 2.02 item 5.02 item 9.01

Executive movements

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Departed

Lisa G. Laube

President

FND · Floor & Decor Holdings, Inc.

Filed: February 24, 2022, 6:59 PM ET

On February 22, 2022, the Board of Directors of the Company announced that it intends to enter into a consulting agreement with Lisa G. Laube, the President of the Company, whereby Ms. Laube will provide transition services to the Company for a specified period of time following her previously announced retirement.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Lisa G. Laube retired as President at Floor & Decor Holdings, Inc..

Action: retired
Role: President

Exact text from the filing

On February 22, 2022, the Board of Directors of the Company announced that it intends to enter into a consulting agreement with Lisa G. Laube, the President of the Company, whereby Ms. Laube will provide transition services to the Company for a specified period of time following her previously announced retirement.

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Floor & Decor Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001507079-22-000008

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