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Floor & Decor Q1 Earnings on the Horizon: Key Factors at Play
ZACKS· 2025-04-29 16:20
As Floor & Decor Holdings, Inc. (FND) gears up to unveil its first-quarter 2025 earnings results on May 1, after the market closes, investors are eager to gauge the company's performance. The company is expected to register an increase in the top line. The Zacks Consensus Estimate for revenues stands at $1.16 billion, which indicates a notable 6.1% improvement from the prior-year figure.The Zacks Consensus Estimate for first-quarter earnings per share has been stable at 45 cents a share over the past 30 day ...
Floor & Dcor (FND) Surges 11.9%: Is This an Indication of Further Gains?
ZACKS· 2025-04-10 15:15
Floor & Dcor (FND) shares soared 11.9% in the last trading session to close at $78.20. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 22.2% loss over the past four weeks.Following President Trump's announcement to suspend U.S. tariffs on most countries for 90 days, Floor & Decor shares soared, reflecting renewed investor optimism.This company is expected to post quarterly earnings of $0.45 per share in its upcoming report, which ...
Floor & Decor Holdings: FY 2025 Is A Very Uncertain Year
Seeking Alpha· 2025-03-06 13:39
Following my coverage on Floor & Decor Holdings (NYSE: FND ) in Jan’24, for which I recommended a hold rating due to my expectation that the stock is likely to stay rangebound, this post isI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn to companies with steady ...
Floor & Decor(FND) - 2024 Q4 - Earnings Call Transcript
2025-02-21 15:41
Financial Data and Key Metrics Changes - In Q4 2024, diluted earnings per share were reported at $0.44, including a net benefit of $6.8 million from a derivative litigation settlement [14] - For the full year 2024, diluted earnings per share were $1.90, which also included the $0.05 net benefit from the settlement [15] - The gross profit for Q4 2024 rose by 8.9%, with a gross margin rate of 43.5%, while the full-year gross profit grew by 3.8% with a gross margin rate of 43.3% [56] - Selling and store operating expenses increased by 10.1% in Q4 2024, while general and administrative expenses decreased by 5.4% [57][59] Business Line Data and Key Metrics Changes - Total sales in Q4 2024 increased by 5.7% year-over-year, while comparable store sales decreased by 0.8%, showing improvement from previous quarters [23][24] - Spartan Surfaces experienced a 17.9% decline in Q4 sales compared to the previous year, primarily due to weakness in the multifamily residential market [46] Market Data and Key Metrics Changes - The fourth quarter saw a sequential improvement in comparable store sales, with a notable decrease of 0.8% compared to a 7.1% decline for the full year [24] - Existing home sales rose for the third consecutive month in December, indicating a potential positive trend for the housing market [25] Company Strategy and Development Direction - The company plans to open 25 new warehouse format stores in fiscal 2025, continuing its commitment to strategic growth despite industry pressures [20][76] - Investments in innovative merchandise and technology are expected to enhance market share and prepare for future sales growth [15][16] - The company aims to expand its connected customer sales and improve brand awareness through targeted marketing initiatives [36][39] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about long-term growth opportunities in hard-surface flooring, driven by an aging housing stock and supply-demand imbalances [16] - The company is cautious about the macroeconomic environment, providing a wide range of potential earnings outcomes for fiscal 2025 [68][70] - Management noted that existing home sales growth could positively impact same-store sales if sustained [100] Other Important Information - The company has diversified its sourcing to reduce reliance on China, with U.S. manufacturing now accounting for approximately 27% of products sold [34] - The company achieved a record high net promoter score in January 2025, reflecting strong customer service and associate training efforts [53] Q&A Session Summary Question: What is driving the slightly weaker performance quarter-to-date? - Management attributed the slowdown to weather impacts affecting store operations, noting that sales typically recover over time [80] Question: How should we think about the incrementality or flow-through to the model? - Management indicated that better-than-expected sales in Q4 resulted in strong flow-through, with expectations for continued improvement if sales increase [82][84] Question: What is the outlook for existing home sales and its impact on the business? - Management expects existing home sales to improve but not return to historical levels, which could benefit same-store sales [100] Question: How will the company manage potential tariff impacts in 2025? - The company plans to negotiate with suppliers, diversify sourcing, and adjust pricing as necessary to manage tariff impacts [128]
Floor & Dcor (FND) Surpasses Q4 Earnings and Revenue Estimates
ZACKS· 2025-02-20 23:21
Floor & Dcor (FND) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this company would post earnings of $0.42 per share when it actually produced earnings of $0.48, delivering a surprise of 14.29%.Over the last four quarters, the company has sur ...
Floor & Decor(FND) - 2024 Q4 - Annual Report
2025-02-20 21:15
Financial Outlook - The fiscal year ended December 26, 2024, includes forward-looking statements regarding future operating results and financial position [18]. - The company does not plan to publicly update forward-looking statements unless required by law [24]. Risk Management - The company anticipates potential risks including economic decline, inflation, and challenges in new store growth [21]. - The management's discussion highlights the need for effective risk management to navigate uncertainties [19]. - Future performance may be affected by unexpected events such as natural disasters or public health crises [21]. - The company acknowledges geopolitical risks and their potential impact on import costs and supply chain [21]. Operational Efficiency - The company emphasizes the importance of managing inventory and supply chain disruptions to maintain operational efficiency [21]. - The company plans to continue monitoring market conditions and adjusting strategies accordingly [20]. Brand and Consumer Focus - There is a focus on maintaining brand image and successfully anticipating consumer preferences to drive demand [21]. Human Resources - The company is committed to attracting and retaining qualified personnel to support its growth strategy [21].
Floor & Decor(FND) - 2024 Q4 - Annual Results
2025-02-20 21:09
Floor & Decor Holdings, Inc. Announces Fourth Quarter and Fiscal 2024 Financial Results Highlights for the Fourth Quarter of Fiscal 2024: Tom Taylor, Chief Executive Officer, stated, "We are extremely proud of our store and store support teams for executing our sales and customer service initiatives and diligently managing our costs during the fourth quarter and full-year. Their hard work enabled us to report fourth quarter comparable store sales, earnings flow-through, and earnings per share that were bett ...
Why Floor & Dcor (FND) Could Beat Earnings Estimates Again
ZACKS· 2025-01-31 18:11
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Floor & Dcor (FND) , which belongs to the Zacks Retail - Home Furnishings industry, could be a great candidate to consider.When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 9.14%, on average, in the last two quarters.For the most recent quarter, Floor & ...
Zacks Industry Outlook The Home Depot, Williams-Sonoma, Floor & Decor and Tempur Sealy International
ZACKS· 2025-01-03 08:21
For Immediate ReleaseChicago, IL – January 3, 2025 – Today, Zacks Equity Research The Home Depot Inc. (HD) , Williams-Sonoma, Inc. (WSM) , Floor & Decor Holdings, Inc. (FND) and Tempur Sealy International, Inc. (TPX) .Industry: Home FurnishingLink: https://www.zacks.com/commentary/2390715/4-retail-home-furnishing-stocks-to-watch-in-a-thriving-industryThe Zacks Retail-Home Furnishings industry presents a compelling investment opportunity driven by improving sales trends, product innovation, and strong e-comm ...
Shares of This Little-Known Home Improvement Business Have Outperformed Home Depot Stock Over the Last 5 Years. Here's Why I Expect This Trend to Continue Over the Next 5 Years.
The Motley Fool· 2024-11-24 19:00
If I had a time machine and could go back 40 years, The Home Depot (HD 2.33%) would be on my list of stocks to buy. The company reimagined what a home-improvement store could be with its sprawling spaces stocking more products than traditional shops. This allowed for rapid expansion to over 2,300 locations today.A $10,000 investment in The Home Depot stock 40 years ago would be worth nearly $15 million today. And reinvesting dividends would have resulted in an investment worth over $25 million. Shares of Th ...