NYSE$FND

Floor & Decor Holdings Inc. · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Announced fourth quarter and fiscal 2019 financial results.

Floor & Decor reported a strong fourth quarter with net sales increasing by 20.7% to $527.0 million and comparable store sales increasing by 5.2%. The company opened seven new stores, ending the quarter with 120 warehouse format stores. Net income increased by 97.4% to $35.3 million, and diluted EPS was $0.34.

  • Net sales increased 20.7% to $527.0 million.
  • Comparable store sales increased 5.2%.
  • Operating income increased 80.7% to $42.1 million.
  • Diluted EPS was $0.34 compared to $0.17.

Headline financials

Total Revenue

$527M

Previous: $437M+20.7%
EPS (adj)

$0.26

Previous: $0.20+30.0%
Comparable Store Sales Growth

5.2%

No prior period
Number of Warehouse Stores

120

No prior period
Net Income

$35.3M

Previous: $17.9M+97.4%
Operating Income

$42.1M

Previous: $23.3M+80.7%
Gross Profit

$230M

Previous: $181M+27.1%
Cash & Equivalents

$27M

Previous: $644K+4098.3%
Total Assets

$2.32B

Previous: $1.23B+88.3%
Stock-Based Comp

$2.05M

Previous: $1.9M+7.8%

Revenue & EPS history

Floor & Decor · Revenue · Quarterly

$527M

Q4 2019+20.7%vs Q4 2018
Beat estimate in 15 of 15 quarters(100%)
ActualEstimate

Forward guidance

The Company will report 53-weeks of operating results in fiscal 2020 compared to 52-weeks in 2019 and provides the following guidance for fiscal 2020:

Tailwinds

  • Net sales of approximately $2,485 to $2,510 million
  • The 53rd week is expected to contribute approximately $34 to $35 million to net sales
  • Comparable store sales growth of approximately 5.5% to 6.5%
  • GAAP diluted EPS to be in the range of $1.34 to $1.41
  • Open twenty-four new warehouse format stores

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 Q4 2019

Historical avgQ4 2019

+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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