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Stock impact report

Floor & Decor Holdings, Inc. Announces First Quarter Fiscal 2024 Financial Results

Floor & Decor Holdings, Inc. (FND) 
NASDAQ:AMEX Investor Relations: dictionary.com/browse/floor
Company Research Source: Business Wire
Net sales of $1,097.3 million decreased 2.2% from the first quarter of fiscal 2023Comparable store sales decreased 11.6%Diluted earnings per share of $0.46Opened four new warehouse stores ATLANTA--(BUSINESS WIRE)--Floor & Decor Holdings, Inc. (NYSE: FND) (“We,” “Our,” the “Company,” or “Floor & Decor”) announces its financial results for the first quarter of fiscal 2024, which ended March 28, 2024.Tom Taylor, Chief Executive Officer, stated, “We are pleased to report better-than-expected fiscal 2024 first quarter diluted earnings per share of $0.46. We take pride in these first quarter results as they demonstrate how our teams continue to work to strategically grow our gross margin rate and prudently manage expenses without sacrificing customer service amid the near-term uncertain macroeconomic challenges. We are focused on continuing to grow our market share by opening new warehouse-format stores, capitalizing on our everyday low prices and value-driven options, trend-right produc Show less Read more
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