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AI brief of an SEC Form 8-K · Floor & Decor (FND)

Floor & Decor Q2 profit falls 21% as net sales slip 0.2% to $1.13 billion

Negative Impact 3 of 5 earnings Written later

Floor & Decor reported second-quarter fiscal 2024 results for the period ended June 27, 2024, with net sales of $1,133.1 million, down 0.2%, and comparable store sales down 9.0%. Diluted earnings per share fell to $0.52 from $0.66, and the company issued an updated outlook for fiscal 2024 with diluted EPS of approximately $1.55 to $1.75, which shareholders will weigh against the weaker quarter.

Key points

  • Net sales of $1,133.1 million were down 0.2% from $1,135.9 million a year earlier; comparable store sales fell 9.0%.
  • Net income of $56.7 million was down 20.7%, and diluted EPS of $0.52 was down 21.2% from $0.66.
  • Updated fiscal 2024 outlook: diluted EPS of approximately $1.55 to $1.75 and comparable store sales of approximately (8.5)% to (6.5)%.
  • The company opened five warehouse stores in the quarter, plans 30 openings in 2024, and expects about 25 in 2025.

The filing

CompanyFloor & Decor (FND)
Form8-K, current report
Filed with the SECAug 1, 2024, 4:16 PM ET
Accession number0001507079-24-000022

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 01, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.