8-K
filed November 2, 2023, 7:59 PM ET
ticker FND
CIK 0001507079
earnings
confidence high
sentiment negative
materiality 0.70
Floor & Decor Q3 EPS $0.61 down 14% YoY; comparable store sales -9.3%
Floor & Decor Holdings, Inc.
2023-Q3 EPS reported
$1.94
revenue$3,365,763,000
- Net sales $1,107.8M up 0.9% YoY; comparable store sales decreased 9.3%.
- Diluted EPS $0.61 vs $0.71 prior year; net income $65.9M, down 13.5%.
- Operating margin 7.7% down 160 bps; adjusted EBITDA $140.9M, down 4.7%.
- Opened 5 warehouse stores in Q3; plans 15 more in Q4 for total 32 in FY2023.
- CEO cites rising mortgage rates, near-record-low existing home sales, and housing affordability pressure.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Floor & Decor Holdings, Inc. reported the thirty-nine weeks ended September 28, 2023 results: revenue $3,365.8 million, net income $208.9 million, EPS $1.94.
- Period
- the thirty-nine weeks ended September 28, 2023
- Revenue
- $3,365.8 million
- Net income
- $208.9 million
- EPS
- $1.94
- Result
- reported results
Exact text from the filing
For the Thirty-nine Weeks Ended September 28, 2023 • Net sales of $3,365.8 million increased 4.6% from $3,216.4 million in the same period of fiscal 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Floor & Decor Holdings, Inc. reported the quarter ended September 28, 2023 results: revenue $1,107.8 million, net income $65.9 million, EPS $0.61.
- Period
- the quarter ended September 28, 2023
- Revenue
- $1,107.8 million
- Net income
- $65.9 million
- EPS
- $0.61
- Result
- reported results
Exact text from the filing
Net sales of $1,107.8 million increased 0.9% from the third quarter of fiscal 2022
View on SEC.gov
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