NYSE$FND
Floor & Decor Holdings Inc. · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Floor & Decor's financial performance remained stable with flat net sales, while diluted earnings per share met expectations due to better-than-anticipated comparable store sales.
Floor & Decor's Q4 2023 results showed flat net sales of $1,048.1 million compared to Q4 2022, with a comparable store sales decrease of 9.4%. Diluted earnings per share were reported at $0.34. The company opened 14 new warehouse stores during the quarter, ending with 221 warehouse stores and 5 design studios.
- Net sales remained flat at $1,048.1 million compared to the fourth quarter of fiscal 2022.
- Comparable store sales decreased by 9.4%.
- The company opened 14 new warehouse stores, concluding the quarter with 221 warehouse stores and five design studios.
- Diluted earnings per share were reported at $0.34.
Headline financials
Revenue & EPS history
Floor & Decor · Revenue · Quarterly
$1.05B
Forward guidance
The company provided guidance for fiscal year 2024, including net sales of approximately $4,600 million to $4,770 million and diluted EPS of approximately $1.75 to $2.05.
Tailwinds
- Net sales of approximately $4,600 million to $4,770 million
- Comparable store sales of approximately (5.5)% to (2.0)%
- Diluted EPS of approximately $1.75 to $2.05
- Adjusted EBITDA* of approximately $520 million to $560 million
- Open 30 to 35 new warehouse stores
Headwinds
- Depreciation and amortization expense of approximately $230 million
- Interest expense, net of approximately $12 million to $14 million
- Tax rate of approximately 21% to 22%
- Diluted weighted average shares outstanding of approximately 109 million shares
- Capital expenditures of approximately $400 million to $475 million
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 2023
+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
| Quarter | Report date | Reaction (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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