earnings
confidence high
sentiment positive
materiality 0.70
Floor & Decor Q1 net sales up 31.5% to $1.03B; comps +14.3%; diluted EPS $0.66 vs $0.71
Floor & Decor Holdings, Inc.
2022-Q1 EPS reported
$0.66
revenue$1,028,734,000
- Net sales $1,028.7M, up 31.5% YoY; comparable store sales +14.3%.
- Diluted EPS $0.66 (-7%); adjusted diluted EPS $0.67 (-1.5%).
- Operating income $94.0M, down 2.1%; operating margin 9.1% (down 320 bps).
- Opened 6 warehouse stores in Q1, ending with 166; on track for 32 in FY2022.
- CEO says momentum strong and Q1 exceeded expectations despite industry headwinds.