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Floor & Decor Holdings Full Year 2023 Earnings: EPS: US$2.32 (vs US$2.82 in FY 2022)

Floor & Decor Holdings (NYSE:FND) Full Year 2023 Results

Key Financial Results

  • Revenue: US$4.41b (up 3.5% from FY 2022).

  • Net income: US$246.0m (down 18% from FY 2022).

  • Profit margin: 5.6% (down from 7.0% in FY 2022). The decrease in margin was driven by higher expenses.

  • EPS: US$2.32 (down from US$2.82 in FY 2022).

FND Sales Performance

  • Like-for-like sales growth: Down 7.1% vs FY 2022.

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Floor & Decor Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Specialty Retail industry in the US.

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Performance of the American Specialty Retail industry.

The company's shares are up 5.6% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Floor & Decor Holdings' balance sheet health.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.