Floor & Decor(FND) - 2022 Q4 - Annual Report

Financial Performance - The company reported a significant increase in revenue, with a year-over-year growth of 15% to $1.5 billion[17] - The company provided a positive outlook, projecting a revenue growth of 10-12$200 million in revenue over the next year[19] User Engagement - User data showed a 20% increase in active users, reaching 5 million by the end of the quarter[19] Market Expansion - The company is expanding its market presence, targeting a 25% increase in retail locations by the end of the year[19] - The acquisition of Spartan Surfaces, Inc. is anticipated to enhance product offerings and increase market share[17] Innovation and Development - Research and development expenses increased by 30%, reflecting a commitment to innovation and new technology[19] Cost Management - The company plans to implement cost management strategies to mitigate supply chain disruptions and inflationary pressures[19] Marketing Strategy - A new marketing strategy is expected to improve customer engagement and drive sales growth by 15%[19] Distribution Capabilities - The company is focused on enhancing distribution capabilities to ensure timely delivery and customer satisfaction[19]