Floor & Decor reports Q2 EPS 58c, consensus 56c

Reports Q2 revenue $1.21B, consensus $1.21B. Reports Q2 SSS up 0.4%. Tom Taylor, CEO, stated, “We are pleased to report that for the second quarter of fiscal 2025, our diluted earnings per share increased by 11.5% to $0.58, compared to $0.52 in the same period last year, reaching the high end of our expectations. Our second quarter comparable store sales increased by 0.4%, marking the first quarterly increase since the fourth quarter of fiscal 2022. We believe our second quarter earnings performance clearly reflects the disciplined execution of our agile growth strategies and the prudent management of expenses and profitability by our associates. In the second quarter of fiscal 2025, we opened three new stores. In fiscal 2025, we have opened seven new stores, ending the second quarter with 257 stores, up 11.7% from 230 stores in the same period last year. We remain on track to open 20 new stores in fiscal 2025.”