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FND — Floor & Decor Holdings News Story

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Floor & Decor Q2 sales beat estimates

Overview

Floor & Decor Holdings Q2 fiscal 2025 net sales rose 7.1%, beating analyst expectations

Diluted EPS for fiscal Q2 increased 11.5% to $0.58, meeting high-end expectations

The flooring retailer opened three new warehouse stores, totaling 257 stores by quarter's end

Outlook

Floor & Decor projects fiscal 2025 net sales of $4,660 mln to $4,750 mln

Company expects fiscal 2025 diluted EPS of $1.75 to $2.00

Floor & Decor plans to open 20 new warehouse stores in fiscal 2025

Company anticipates fiscal 2025 adjusted EBITDA of $520 mln to $550 mln

Result Drivers

AGILE GROWTH STRATEGIES - Co attributes EPS increase to disciplined execution of agile growth strategies

STORE EXPANSION - Opened three new warehouse stores, contributing to overall sales growth

EXPENSE MANAGEMENT - Prudent management of expenses supported profitability improvements

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 SalesBeat$1.21 bln$1.21 bln (19 Analysts)
Q2 EPS$0.58
Q2 Net Income$63.18 mln
Q2 Operating income$81.89 mln
Q2 Pretax Profit$80.82 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 14 "hold" and 2 "sell" or "strong sell" The average consensus recommendation for the home improvement products & services retailers peer group is "buy" Wall Street's median 12-month price target for Floor & Decor Holdings Inc is $80.00, about 2.1% above its July 30 closing price of $78.34 The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 38 three months ago Press Release: ID:nBw8ppcFsa (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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