Floor & Decor Q2 net sales $1.13B (-0.2%), EPS $0.52 (-21%), comps -9.0%

Floor & Decor Holdings, Inc.

2024-Q2 EPS reported $0.99 revenue$2,230,428,000

Net sales $1,133.1M (-0.2% YoY); comparable store sales down 9.0%.
Diluted EPS $0.52 vs $0.66 (-21.2%); net income $56.7M (-20.7%).
Operating income $71.3M (-24.9%); operating margin 6.3% (down 210bps).
Opened 5 new warehouse stores in Q2; total 230; plans 30 in 2024, ~25 in 2025.
Adjusted EBITDA $136.9M (-10.4% YoY).

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