secwatch.observer — SEC 8-K summary
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Issuer:     Floor & Decor Holdings, Inc. (FND)
CIK:        0001507079
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001507079-24-000015
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1507079/000150707924000015/0001507079-24-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1507079/000150707924000015/fnd-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001507079-24-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer