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Floor & Decor Holdings (FND)
NYSE:FND
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.45Last Year’s EPS
0.46Same Quarter Last Year
Moderate Buy
Based on 19 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: -21.33%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a mixed sentiment with significant strategic growth and financial stability highlights, including store expansion and improved customer satisfaction metrics. However, challenges such as a decline in Spartan Surfaces sales and the impact of tariffs were notable lowlights. The company shows resilience and strategic planning to navigate these challenges.Company Guidance
In the Floor & Decor Holdings Fourth Quarter 2024 Conference Call, the company's performance and future guidance were discussed in detail. The company reported better-than-expected results for the fourth quarter, with diluted earnings of $0.44 per share, including a $0.05 per share benefit from a derivative litigation settlement. Total sales for the fourth quarter increased by 5.7%, while comparable store sales decreased slightly by 0.8%. For the full fiscal year 2024, diluted earnings were $1.90 per share. Floor & Decor opened 30 new warehouse format stores in 2024 and plans to open 25 more in 2025, with potential adjustments based on macroeconomic conditions. The company expects fiscal 2025 total sales to range from $4.74 billion to $4.9 billion, with comparable store sales projected to be flat to a 3% increase. The gross margin rate for 2025 is expected to be between 43.4% and 43.7%. The company continues to invest in new stores, merchandise, and technology to enhance long-term growth, while also managing costs and maintaining a strong financial position.Strong Financial Position
Floor & Decor reported a strong financial position with $200.3 million in debt and $187.7 million in cash and cash equivalents. The company has a total unrestricted liquidity of $905.7 million, allowing for strategic growth investments.
Improvement in Comparable Store Sales
Despite a 7.1% decline in comparable store sales for fiscal 2024, there was a sequential improvement each quarter, with the fourth quarter experiencing only a 0.8% decline compared to a 6.4% decline in the third quarter.
Expansion and Store Growth
The company opened 30 new warehouse format stores in fiscal 2024, reaching a total of 251 stores. Plans for 2025 include opening 25 new stores, indicating ongoing strategic growth.
Record High Net Promoter Score
Floor & Decor achieved a record high net promoter score in January 2025, highlighting customer satisfaction and effective associate training.
Growth in Design Services
Design service sales growth accelerated significantly throughout fiscal 2024, with the highest net promoter score for design services recorded since measurement began.
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FND Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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FND Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $92.84 | $94.27 | +1.54% |
| Oct 30, 2024 | $100.88 | $103.05 | +2.15% |
| Aug 01, 2024 | $94.14 | $97.89 | +3.98% |
| May 02, 2024 | $112.76 | $113.04 | +0.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Floor & Decor Holdings (FND) report earnings?
Floor & Decor Holdings (FND) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Floor & Decor Holdings (FND) earnings time?
Floor & Decor Holdings (FND) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FND EPS forecast?
FND EPS forecast for the fiscal quarter 2025 (Q1) is 0.45.
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