---
schema_version: "secwatch.filing_event.v1"
accession: "0001507079-24-000015"
form_type: "8-K"
ticker: "FND"
cik: "0001507079"
company_name: "Floor & Decor Holdings, Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:21:33.011086+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001507079-24-000015
- form_type: 8-K
- ticker: FND
- cik: 0001507079
- company_name: Floor & Decor Holdings, Inc.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1507079/000150707924000015/0001507079-24-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1507079/000150707924000015/fnd-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001507079-24-000015
- JSON: https://secwatch.observer/filing/0001507079-24-000015.json
- Plain text: https://secwatch.observer/filing/0001507079-24-000015.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1507079/000150707924000015/0001507079-24-000015-index.htm

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