Floor & Decor Holdings, Inc. Announces Second Quarter Fiscal 2025 Financial Results

Net sales of $1,214.2 million increased 7.1% from the second quarter of fiscal 2024

Comparable store sales increased 0.4%

Diluted EPS of $0.58

Opened three new warehouse stores

Floor & Decor Holdings, Inc. (“We,” “Our,” the “Company,” or “Floor & Decor”) announces its financial results for the second quarter of fiscal 2025, which ended June 26, 2025.

Tom Taylor, Chief Executive Officer, stated, “We are pleased to report that for the second quarter of fiscal 2025, our diluted earnings per share increased by 11.5% to $0.58, compared to $0.52 in the same period last year, reaching the high end of our expectations. Our second quarter comparable store sales increased by 0.4%, marking the first quarterly increase since the fourth quarter of fiscal 2022. We believe our second quarter earnings performance clearly reflects the disciplined execution of our agile growth strategies and the prudent management of expenses and profitability by our associates.”

“In the second quarter of fiscal 2025, we opened three new stores. In fiscal 2025, we have opened seven new stores, ending the second quarter with 257 stores, up 11.7% from 230 stores in the same period last year. We remain on track to open 20 new stores in fiscal 2025,” said Taylor.

Please see “Comparable Store Sales” below for information on how the Company calculates period-over-period changes in comparable store sales.

For the Thirteen Weeks Ended June 26, 2025

• Net sales of $1,214.2 million increased 7.1% from $1,133.1 million in the second quarter of fiscal 2024.
• Comparable store sales increased 0.4%.
• We opened three new warehouse stores, ending the quarter with 257 warehouse stores and five design studios.
• Operating income of $81.9 million increased 14.8% from $71.3 million in the second quarter of fiscal 2024. Operating margin of 6.8% increased 50 basis points from the second quarter of fiscal 2024.
• Net income of $63.2 million increased 11.5% from $56.7 million in the second quarter of fiscal 2024. Diluted earnings per share (“EPS”) of $0.58 increased 11.5% from $0.52 in the second quarter of fiscal 2024.
• Adjusted EBITDA* of $150.2 million increased 9.7% from $136.9 million in the second quarter of fiscal 2024.

For the Twenty-six Weeks Ended June 26, 2025

• Net sales of $2,374.9 million increased 6.5% from $2,230.4 million in the same period of fiscal 2024.
• Comparable store sales decreased 0.7%.
• We opened seven new warehouse stores and closed one warehouse store.
• Operating income of $146.1 million increased 11.9% from $130.6 million in the same period of fiscal 2024. Operating margin of 6.2% increased 30 basis points from the same period of fiscal 2024.
• Net income of $112.1 million increased 5.0% from $106.7 million in the same period of fiscal 2024. Diluted EPS of $1.03 increased 4.0% from $0.99 in the same period of fiscal 2024.
• Adjusted EBITDA* of $280.0 million increased 7.7% from $259.9 million in the same period of fiscal 2024.

*Non-GAAP financial measure. Please see “Non-GAAP Financial Measures” and “Reconciliation of GAAP to Non-GAAP Financial Measures” below for more information.

Updated Outlook for the Fiscal Year Ending December 25, 2025:

• Net sales of approximately $4,660 million to $4,750 million
• Comparable store sales of approximately (2.0)% to flat
• Diluted EPS of approximately $1.75 to $2.00
• Adjusted EBITDA* of approximately $520 million to $550 million
• Depreciation and amortization expense of approximately $245 million
• Interest expense, net of approximately $5 million
• Tax rate of approximately 21% to 22%
• Diluted weighted average shares outstanding of approximately 109 million shares
• Open 20 new warehouse stores
• Capital expenditures of approximately $280 million to $320 million

*Non-GAAP financial measure. Please see “Non-GAAP Financial Measures” and “Reconciliation of GAAP to Non-GAAP Financial Measures” below for more information.

For full results click here.

About Floor & Decor

Founded in 2000, Atlanta-based Floor & Decor is a leading high-growth specialty retailer of hard-surface flooring, operating 178 warehouse-format stores and five design studios across 35 states as of September 29, 2022. The stores offer homeowners and professionals the industry’s broadest in-stock selection of tile, natural wood, natural stone, laminate and luxury vinyl plank, under one roof. In addition, Floor & Decor stocks the necessary tools, decorative materials, wall tile, and related accessories for hard-surface flooring projects. Stores carry over 1 million square feet of in-stock flooring and offer free design services, as well as a dedicated pro sales team. The company directly sources products from manufacturers around the globe, which enables it to bring the world’s best and most innovative flooring trends to its customers, at everyday low prices. Floor & Decor has locations nationwide, but each store is bolstered by a local focus that creates a store experience and mix of products that meet the needs of each market served.

Additional company information can be found at www.flooranddecor.com and on Facebook (www.facebook.com/flooranddecor).

Contact:

Helena Clarke – Media Contact – helena.clarke@ageanpr.com – (516) 662-5833

Source: Floor & Decor Holdings, Inc.