$FND (+10.1% pre) Floor & Decor Reports Mixed Fiscal 2024 Results https://t.co/24V4EtvRfB
$FND - first big beat in 2+ years. SSS went from -4% in Oct to +1.2% NOV/DEC. All this happened despite rates staying elevated. It seems like COVID pull forward has been fully digested and demand is no longer deteriorating . $HD/ $FND/ $LOW https://t.co/gcr08DOQNd
Floor & Decor Holdings, $FND, 4Q-24. Results: 📊 EPS: $0.44 🟢 💰 Revenue: $1.11B 🟢 📈 Net Income: $47.48M 🔎 Strong earnings growth despite macroeconomic challenges, supported by cost management and operational efficiencies.

Floor & Decor Holdings, Inc. reported its fourth quarter and fiscal 2024 financial results, achieving an earnings per share (EPS) of $0.44, surpassing analysts' expectations of $0.25. The company generated revenue of $1.11 billion, exceeding the forecast of $1.08 billion. Following the announcement, shares rose by approximately 13% in after-hours trading. The company noted a slowdown in comparable store sales contraction, which decreased to -0.8% year-over-year from -6.4% in the previous quarter. For fiscal 2025, Floor & Decor guided for same-store sales growth of 0% to 3% and projected total revenue growth of 6% to 10% year-over-year. Despite these positive indicators, some analysts expressed caution regarding the company's future performance, highlighting a decline in comparable transactions and the need for a clearer margin profile post-recovery from recent downturns.

