secwatch.observer — SEC 8-K summary
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Issuer:     Floor & Decor Holdings, Inc. (FND)
CIK:        0001507079
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001507079-24-000036
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Floor & Decor Q3 net sales $1.12B (+0.9%); comp store sales -6.4%; EPS $0.48
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- Diluted EPS $0.48, down 21.3% from $0.61; operating income $66.3M, down 21.8%.
- Adjusted EBITDA $132.9M, down 5.7% YoY; operating margin 5.9%, -180 bps.
- Opened 11 new warehouse stores in Q3, ending with 241; plan 10 more in Q4 for 30 in fiscal 2024.
- CEO cites challenging demand for large project discretionary home improvement.
- Comparable store sales decreased 6.4%; net sales increased 0.9% to $1,117.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1507079/000150707924000036/0001507079-24-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1507079/000150707924000036/fnd-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001507079-24-000036

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