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.