Floor & Decor Q3 EPS falls 21.3% to $0.48; comparable sales drop 6.4%
Floor & Decor reported third-quarter fiscal 2024 results for the quarter ended September 26, 2024. Net sales rose 0.9% to $1.1 billion, but comparable store sales fell 6.4%, operating income fell 21.8%, and diluted EPS fell 21.3% to $0.48. The company also updated its fiscal 2024 outlook, now forecasting diluted EPS of approximately $1.65 to $1.75 and comparable store sales of approximately (8.5)% to (7.5)%.
Key points
- Net sales of $1,117.9 million rose 0.9% from $1,107.8 million a year earlier, while comparable store sales decreased 6.4%.
- Operating income of $66.3 million fell 21.8%, and net income of $51.7 million fell 21.6%.
- Diluted EPS of $0.48 compared with $0.61 in the third quarter of fiscal 2023.
- Updated fiscal 2024 outlook: diluted EPS of approximately $1.65 to $1.75 and adjusted EBITDA of approximately $490 million to $500 million.
The filing
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 October 30, 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.