Overview

* Floor & Decor Holdings ( FND ) Q2 fiscal 2025 net sales rose 7.1%, beating analyst expectations

* Diluted EPS for fiscal Q2 increased 11.5% to $0.58, meeting high-end expectations

* The flooring retailer opened three new warehouse stores, totaling 257 stores by quarter's end

Outlook

* Floor & Decor ( FND ) projects fiscal 2025 net sales of $4,660 mln to $4,750 mln

* Company expects fiscal 2025 diluted EPS of $1.75 to $2.00

* Floor & Decor ( FND ) plans to open 20 new warehouse stores in fiscal 2025

* Company anticipates fiscal 2025 adjusted EBITDA of $520 mln to $550 mln

Result Drivers

* AGILE GROWTH STRATEGIES - Co attributes EPS increase to disciplined execution of agile growth strategies

* STORE EXPANSION - Opened three new warehouse stores, contributing to overall sales growth

* EXPENSE MANAGEMENT - Prudent management of expenses supported profitability improvements

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales Beat $1.21 $1.21

bln bln (19

Analysts

)

Q2 EPS $0.58

Q2 Net $63.18

Income mln

Q2 $81.89

Operatin mln

g income

Q2 $80.82

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 14 "hold" and 2 "sell" or "strong sell"

* The average consensus recommendation for the home improvement products & services retailers peer group is "buy"

* Wall Street's median 12-month price target for Floor & Decor Holdings Inc ( FND ) is $80.00, about 2.1% above its July 30 closing price of $78.34

* The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 38 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)