---
schema_version: "secwatch.filing_event.v1"
accession: "0001507079-23-000014"
form_type: "8-K"
ticker: "FND"
cik: "0001507079"
company_name: "Floor & Decor Holdings, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:42:03.659569+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Floor & Decor Q1 net sales up 9.1% to $1,122.1M; comp sales down 3.3%

## Summary
- Diluted EPS $0.66 flat YoY; adjusted EBITDA $149.6M (+10.2%) from $135.8M.
- Comparable store sales decreased 3.3% amid declines in existing home sales.
- Opened three new warehouse stores; total 194 warehouse stores and five design studios.
- CEO cites value positioning as key driver despite macroeconomic challenges.
- Goal of 200th warehouse store expected in May 2023; plans 32-35 new stores in FY2023.

## SEC filing metadata
- accession: 0001507079-23-000014
- form_type: 8-K
- ticker: FND
- cik: 0001507079
- company_name: Floor & Decor Holdings, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1507079/000150707923000014/0001507079-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1507079/000150707923000014/fnd-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001507079-23-000014
- JSON: https://secwatch.observer/filing/0001507079-23-000014.json
- Plain text: https://secwatch.observer/filing/0001507079-23-000014.txt

## Key facts
- Earnings Releases
  Floor & Decor Holdings, Inc. reported first quarter of fiscal 2023 ended March 30, 2023 results: revenue $1,122.1 million, net income $71.5 million, EPS $0.66.
  - Period: first quarter of fiscal 2023 ended March 30, 2023
  - Revenue: $1,122.1 million
  - Net income: $71.5 million
  - EPS: $0.66
  - Result: reported results
  source text: For the Thirteen Weeks Ended March 30, 2023 • Net sales increased 9.1% to $1,122.1 million from $1,028.7 million in the first quarter of fiscal 2022. • Comparable store sales decreased 3.3%. • We opened three new warehouse stores during the first quarter of fiscal 2023, ending the quarter with 194 warehouse stores and five design studios. • Operating income increased 1.6% to $95.5 million from $94.0 million in the first quarter of fiscal 2022. Operating margin decreased 60 basis points to 8.5%. • Net income increased 0.8% to $71.5 million from $71.0 million in the first quarter of fiscal 2022. Diluted earnings per share ("EPS") of $0.66 was flat compared to the first quarter of fiscal 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1507079/000150707923000014/0001507079-23-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.