NYSE$FND

Floor & Decor Holdings Inc. · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Net sales and comparable store sales decreased, while the company opened two new stores.

Floor & Decor Holdings, Inc. reported a decrease in net sales by 11.1% to $462.4 million and a decrease in comparable store sales by 20.8% for the second quarter of fiscal 2020. The company opened two new stores, ending the quarter with 125 warehouse format stores. Diluted EPS decreased to $0.30 from $0.42 in the same quarter last year.

  • Net sales decreased 11.1% to $462.4 million compared to the second quarter of fiscal 2019.
  • Comparable store sales decreased 20.8%.
  • The company opened two new stores during the second quarter of fiscal 2020, ending the quarter with 125 warehouse format stores.
  • Diluted EPS was $0.30 compared to $0.42 in the second quarter of fiscal 2019.

Headline financials

Total Revenue

$462M

Previous: $520M-11.1%
EPS (adj)

$0.13

Previous: $0.34-61.8%
Comparable Store Sales Growth

-20.8%

Previous: 0.0%
Number of Warehouse Stores

125

No prior period
Free Cash Flow

$32M

Previous: $43.6M-26.6%
Net Income

$32M

Previous: $43.6M-26.6%
Operating Income

$21.1M

Previous: $45.9M-54.0%
Gross Profit

$197M

Previous: $218M-9.7%
Cash & Equivalents

$134M

Previous: $51.5M+161.3%
Total Assets

$2.53B

Previous: $2.01B+25.7%
Stock-Based Comp

$4.23M

Previous: $2.17M+95.3%

Revenue & EPS history

Floor & Decor · Revenue · Quarterly

$462M

Q2 2020-11.1%vs Q2 2019
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Forward guidance

The COVID-19 pandemic has had a material negative impact on the Company's operations and financial results to date. Given the evolving nature of the pandemic and uncertainty regarding its potential severity and duration, the full financial impact of the pandemic on our business cannot be reasonably estimated at this time.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2020

Historical avgQ2 2020

+1.0%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+1.8%

Avg return

30 days after

54%

22 / 41 earnings

Positive

+25.0%

Q3 2018

Best reaction

-21.4%

Q2 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.6%+5.4%+6.2%
Q4 2025+4.9%+3.6%-24.2%
Q3 2025-8.5%-5.5%-2.1%
Q1 2025+2.5%+1.6%-0.8%
Q4 2024+1.5%+10.3%-9.3%
Q3 2024+2.9%+9.4%+12.1%
Q2 2024-0.1%-0.7%+14.7%
Q1 2024+3.4%+7.0%+6.9%
Q4 2023+7.2%+10.3%+19.1%
Q3 2023-2.6%-4.2%+17.7%
Q2 2023-8.1%-5.4%-10.3%
Q1 2023-5.2%-6.0%-3.5%
Q4 2022+2.1%+3.0%+4.5%
Q3 2022+6.0%+8.4%+17.6%
Q2 2022+11.0%+3.3%-4.4%
Q1 2022-13.7%-16.2%-11.5%
Q4 2021+9.5%+5.2%-2.4%
Q3 2021-5.2%-4.4%-9.2%
Q2 2021-4.7%-3.6%+0.2%
Q1 2021+0.8%-6.1%-13.7%
Q4 2020-2.3%-4.7%+0.4%
Q3 2020-6.2%+1.5%+4.9%
Q2 2020-6.7%-3.2%+3.7%
Q1 2020-2.0%-0.5%+21.6%
Q4 2019+7.8%+6.2%-46.6%
Q3 2019-3.0%-5.8%+4.8%
Q2 2019+12.3%+7.3%+25.7%
Q1 2019-7.5%-10.6%-25.4%
Q4 2018+3.3%+2.9%+8.3%
Q3 2018+25.0%+27.3%+29.5%
Q2 2018-21.4%-20.4%-23.0%
Q1 2018-13.2%-15.6%-10.2%
Q4 2015+4.3%+5.5%+27.4%
Q4 2017-1.9%+2.3%+15.6%
Q3 2017+6.4%+3.2%+6.7%
Q3 2016+6.4%+3.2%+6.7%
Q2 2016-5.5%-7.0%-9.1%
Q2 2017-5.5%-7.0%-9.1%
Q1 2017+13.8%+5.3%+11.5%
Q1 2016+13.8%+5.3%+11.5%
Q4 2016+13.8%+5.3%+11.5%
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013

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