Floor & Decor Q1 net sales -2.2% to $1.097B; diluted EPS $0.46, down 30% YoY

Floor & Decor Holdings, Inc.

2024-Q1 EPS reported $0.46 revenue$1,097,289,000

Net sales $1,097.3M decreased 2.2% from $1,122.1M; comparable store sales fell 11.6%.
Diluted EPS $0.46, down 30.3% from $0.66; net income $50.0M, down 30.0%.
Operating income $59.3M (-37.9%); operating margin 5.4%, down 310 bps YoY.
Adjusted EBITDA $123.0M, down 17.8% from $149.6M in Q1 fiscal 2023.
Opened four new warehouse stores; quarter-end count 225 warehouse stores plus five design studios.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Floor & Decor Holdings, Inc. reported first quarter of fiscal 2024 results: revenue $1,097.3 million, net income $50.0 million, EPS $0.46.

Period: first quarter of fiscal 2024
Revenue: $1,097.3 million
Net income: $50.0 million
EPS: $0.46
Result: reported results

Exact text from the filing

Floor & Decor Holdings, Inc. Announces First Quarter Fiscal 2024 Financial Results Net sales of $1,097.3 million decreased 2.2% from the first quarter of fiscal 2023 Comparable store sales decreased 11.6% Diluted earnings per share of $0.46 Opened four new warehouse stores ATLANTA--(BUSINESS WIRE)--May 2, 2024--Floor & Decor Holdings, Inc. (NYSE: FND) (“We,” “Our,” the “Company,” or “Floor & Decor”) announces its financial results for the first quarter of fiscal 2024, which ended March 28, 2024.

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Source: SEC EDGAR

accession 0001507079-24-000015

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