Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €51.00, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 9x in the Specialty Retail industry in Germany. Total loss to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €32.69 per share. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €45.80, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 9x in the Specialty Retail industry in Germany. Total loss to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €32.42 per share. Announcement • Jun 12
Floor & Decor Debuts NatureMatch Private Label Line Featuring Authentic Stone And Wood-Look Materials Floor & Decor announced the debut of NatureMatch, a new private label product line crafted to bring the authentic beauty of stone and wood to floors and walls, without the premium price tag. Spanning 99 products across porcelain tile, luxury vinyl plank (LVP), and waterproof laminate, NatureMatch offers homeowners and design professionals a versatile, high-performance collection built for flooring, accent walls, countertops, and every space in between. The NatureMatch collection delivers three core benefits: Advanced Realism: Each style authentically mirrors the veining, dimension, and texture of natural materials, from rich wood grains to dramatic marble and stone looks, bringing elevated design within reach for any project. Everyday Performance: Engineered for durability, NatureMatch products are available in multiple materials and are low-maintenance and built to withstand the demands of high-traffic areas and wet environments, making them ideal for bathrooms, kitchens, and living spaces alike. Attainable Luxury: NatureMatch delivers the look of the premium natural materials and elements, including marble, travertine, and hardwood, at a fraction of the cost, making elevated design achievable for more customers. NatureMatch arrives as a direct expression of the design direction Floor & Decor identified in its 2026 Design Trends forecast, released earlier this year. The collection translates that appetite into porcelain tile, luxury vinyl plank, and waterproof laminate, designed to work together seamlessly across floors and walls throughout the home and outdoor spaces. NatureMatch is available now in Floor & Decor warehouse stores nationwide and online. Announcement • Apr 11
Floor & Decor Holdings, Inc. to Report Q1, 2026 Results on Apr 30, 2026 Floor & Decor Holdings, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 30, 2026 Announcement • Mar 24
Floor & Decor Holdings, Inc., Annual General Meeting, May 06, 2026 Floor & Decor Holdings, Inc., Annual General Meeting, May 06, 2026. Announcement • Feb 20
Floor & Decor Holdings, Inc. Provides Earnings Guidance for the 53 Week and Full Year 2026 Floor & Decor Holdings, Inc. provided earnings guidance for the 53 week and full year 2026. For the 53 week, the company expected to contribute approximately $65 million to net sales and approximately $0.08 to diluted EPS.
For the full year, the company expected Net sales of approximately $4,880 million to $5,030 million and Diluted EPS of approximately $1.98 to $2.18. Announcement • Jan 30
Floor & Decor Holdings, Inc. to Report Q4, 2025 Results on Feb 19, 2026 Floor & Decor Holdings, Inc. announced that they will report Q4, 2025 results After-Market on Feb 19, 2026 Announcement • Oct 10
Floor & Decor Holdings, Inc. to Report Q3, 2025 Results on Oct 30, 2025 Floor & Decor Holdings, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 30, 2025 Announcement • Sep 25
Floor & Decor Holdings, Inc. Announces Grand Opening of Gastonia, North Carolina Store Floor & Decor Holdings, Inc. announced grand opening of Gastonia, North Carolina Store. The company announced the grand opening of its newest warehouse location in Gastonia at 4210 East Franklin Rd, Gastonia, NC, 28056. The warehouse store and design center has opened with a team of approximately 35 full-time and 15 part-time associates, and is led by Jesse Tooper, the store's Chief Executive Merchant. Floor & Decor operates more than 250 warehouse-format stores and five design studios across 38 states and offers a broad assortment of in-stock hard-surface flooring, including tile, wood, laminate, vinyl, and natural stone, along with decorative accessories and wall tile, installation materials, and adjacent categories at everyday low prices. Announcement • Aug 01
Floor & Decor Holdings, Inc. Updates Earnings Guidance for the Year Ending December 25, 2025 Floor & Decor Holdings, Inc. updated earnings guidance for the year ending December 25, 2025. For the year, the company expects net sales of approximately $4,660 million to $4,750 million, comparable store sales of approximately (2.0)% to flat and Diluted EPS of approximately $1.75 to $2.00. Announcement • Jul 11
Floor & Decor Holdings, Inc. to Report Q2, 2025 Results on Jul 31, 2025 Floor & Decor Holdings, Inc. announced that they will report Q2, 2025 results After-Market on Jul 31, 2025 Announcement • May 02
Floor & Decor Holdings, Inc. Updates Earnings Guidance for the Year Ending December 25, 2025 Floor & Decor Holdings, Inc. updated earnings guidance for the year ending December 25, 2025. For the year, the company expects net sales of approximately $4,660 million to $4,800 million, comparable store sales of approximately (2.0)% to 1.0% and diluted EPS of approximately $1.70 to $2.00. Announcement • Apr 11
Floor & Decor Holdings, Inc. to Report Q1, 2025 Results on May 01, 2025 Floor & Decor Holdings, Inc. announced that they will report Q1, 2025 results After-Market on May 01, 2025 Announcement • Mar 17
Floor & Decor Holdings, Inc., Annual General Meeting, May 07, 2025 Floor & Decor Holdings, Inc., Annual General Meeting, May 07, 2025. Announcement • Feb 21
Floor & Decor Holdings, Inc. Provides Earnings Guidance for the Fiscal Year 2025 Floor & Decor Holdings, Inc. provided earnings guidance for the Fiscal year 2025. For the year, the company expects net sales of approximately $4,740 million to $4,900 million, Comparable store sales of approximately flat to 3.0% and Diluted EPS of approximately $1.80 per share to $2.10 per share. Announcement • Jan 31
Floor & Decor Holdings, Inc. to Report Q4, 2024 Results on Feb 20, 2025 Floor & Decor Holdings, Inc. announced that they will report Q4, 2024 results After-Market on Feb 20, 2025 Announcement • Jan 29
Floor & Decor Holdings, Inc. Appoints Bradley Paulsen as President, Effective April 28, 2025 Floor & Decor Holdings, Inc. announced the appointment of Bradley Paulsen as President, effective April 28, 2025, reporting to Tom Taylor, Chief Executive Officer of the Company. Mr. Paulsen currently serves as CEO, North America for Rentokil Initial plc, a global leader in pest control and hygiene and wellbeing services, and previously held leadership positions at Rexel USA, HD Supply and The Home Depot. Bradley Paulsen, age 49, is a seasoned executive with almost two decades of relevant experience. Since December 2023, he has served as CEO, North America for Rentokil Initial plc, where he was responsible for all operations for the North American region and was a member of the executive leadership team. Prior to Rentokil, Mr. Paulsen served as Chief Executive Officer of Rexel USA, a leading distributor of electrical parts, services and solutions. He previously served as Chief Operating Officer of HD Supply, one of the United States' larger MRO (maintenance, repair, and operating products) distributors, overseeing the sales, supply chain and customer care teams, after holding several other senior positions there. He also spent nine years with The Home Depot in leadership and merchandising roles. Mr. Paulsen holds a Bachelor of Science in Economics from the United States Military Academy at West Point, and a Master of Business Administration (MBA) from Vanderbilt University. Announcement • Nov 02
Floor & Decor Holdings, Inc. Updates Earnings Guidance for the Fiscal Year Ending December 26, 2024 Floor & Decor Holdings, Inc. updated earnings guidance for the fiscal year ending December 26, 2024. For the year, the company expects net sales to be between approximately $4,400 million to $4,430 million. Comparable store sales to be between approximately negative 8.5% to negative 7.5%. Diluted EPS to be between approximately $1.65 to $1.75. Announcement • Nov 01
Floor & Decor Holdings, Inc. Announces Board Changes Floor & Decor Holdings, Inc. announced that Nada Aried, Executive Vice President and Chief Digital Technology Officer of Safelite Autoglass, has been appointed to the Company’s Board of Directors, effective January 1, 2025. The Company also announced that Peter Starrett is retiring from its Board of Directors, effective February 28, 2025. Ms. Aried has over 30 years of experience in specialty retail and services with leadership roles in technology, omni-channel, digital, supply chain and enterprise functions. Ms. Aried currently serves as the Executive Vice President and Chief Digital Technology Officer of Safelite Autoglass, a leading provider of vehicle glass repair, replacement and recalibration services in the U.S., which she joined in October 2024. From October 2020 to September 2024, Ms. Aried served as Executive Vice President and Chief Information Officer of Bath & Body Works, Inc., a global leader in personal care and home fragrance. Ms. Aried began her career with L Brands companies in 1993, serving in a number of roles of increasing responsibility, including most recently Senior Vice President, Enterprise and Supply Chain Applications for L Brands from 2016 to 2020. Ms. Aried received a bachelor’s degree in finance from the University of Toledo, a bachelor’s degree in English literature from The Ohio State University, and an M.B.A. from Ohio University. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$0.48 (vs US$0.62 in 3Q 2023) Third quarter 2024 results: EPS: US$0.48 (down from US$0.62 in 3Q 2023). Revenue: US$1.12b (flat on 3Q 2023). Net income: US$51.7m (down 22% from 3Q 2023). Profit margin: 4.6% (down from 6.0% in 3Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 8% per year. Announcement • Oct 11
Floor & Decor Holdings, Inc. Announces Executive Changes On October 10, 2024, Luke Olson notified Floor & Decor Holdings, Inc. (the Company) of his intention to resign as Vice President and Chief Accounting Officer, effective as of December 12, 2024, in order to pursue another opportunity. Mr. Olson’s resignation is not the result of any disagreement with the Company on any matter relating to the Company’s financial statements, internal control over financial reporting, operations, policies or practices. Mr. Olson will continue to serve as the Company’s principal accounting officer until December 12, 2024. Bryan Langley, the Company’s Executive Vice President and Chief Financial Officer, will assume the role of principal accounting officer following Mr. Olson’s departure. Announcement • Oct 10
Floor & Decor Holdings, Inc. to Report Q3, 2024 Results on Oct 30, 2024 Floor & Decor Holdings, Inc. announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 Board Change • Oct 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. Independent Director Melissa Kersey was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 04
Floor & Decor Holdings, Inc. Announces Retirement of Trevor Lang as President Floor & Decor Holdings, Inc. announced that Trevor Lang, President, has announced his intent to retire from Floor & Decor. Mr. Lang joined Floor & Decor as Senior Vice President and Chief Financial Officer in 2011. He was promoted to Executive Vice President of Professional Services and Chief Financial Officer in 2014 and to President in 2022. He previously served as Chief Financial Officer of Zumiez Inc. and Vice President of Finance for Carter’s Inc. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$0.53 (vs US$0.67 in 2Q 2023) Second quarter 2024 results: EPS: US$0.53 (down from US$0.67 in 2Q 2023). Revenue: US$1.13b (flat on 2Q 2023). Net income: US$56.7m (down 21% from 2Q 2023). Profit margin: 5.0% (down from 6.3% in 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 6% per year. Announcement • Aug 02
Floor & Decor Holdings, Inc. Updates Earnings Guidance for the Fiscal Year Ending December 26, 2024 Floor & Decor Holdings, Inc. updated earnings guidance for the fiscal year ending December 26, 2024. For the year, the company expects net sales to be between approximately $4,400 million to $4,490 million. Comparable store sales to be between approximately negative 8.5% to negative 6.5%. Diluted EPS to be between approximately $1.55 to $1.75. Announcement • Jul 12
Floor & Decor Holdings, Inc. to Report Q2, 2024 Results on Aug 01, 2024 Floor & Decor Holdings, Inc. announced that they will report Q2, 2024 results After-Market on Aug 01, 2024 Reported Earnings • May 03
First quarter 2024 earnings released: EPS: US$0.47 (vs US$0.68 in 1Q 2023) First quarter 2024 results: EPS: US$0.47 (down from US$0.68 in 1Q 2023). Revenue: US$1.10b (down 2.2% from 1Q 2023). Net income: US$50.0m (down 30% from 1Q 2023). Profit margin: 4.6% (down from 6.4% in 1Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • May 03
Floor & Decor Holdings, Inc. Provides Earnings Guidance for the Fiscal Year Ending December 26, 2024 Floor & Decor Holdings, Inc. provided earnings guidance for the fiscal year ending December 26, 2024. For the year, the company expects net sales to be between approximately $4,600 million to $4,770 million. Comparable store sales to be between approximately negative 5.5% to negative 2.0%. Diluted EPS to be between approximately $1.75 to $2.05. Announcement • Apr 12
Floor & Decor Holdings, Inc. to Report Q1, 2024 Results on May 02, 2024 Floor & Decor Holdings, Inc. announced that they will report Q1, 2024 results After-Market on May 02, 2024 Announcement • Mar 20
Floor & Decor Holdings, Inc., Annual General Meeting, May 08, 2024 Floor & Decor Holdings, Inc., Annual General Meeting, May 08, 2024, at 11:00 Eastern Standard Time. Agenda: To consider the election of eleven directors for a one-year term expiring in 2025; to consider the ratification of Ernst & Young LLP as independent auditors for company's 2024 fiscal year; to consider an advisory vote to approve the compensation paid to our named executive officers for the fiscal year ended December 28, 2023; and to consider an advisory vote on the frequency of advisory votes on executive compensation. Recent Insider Transactions • Mar 01
Independent Chairman of the Board recently sold €7.8m worth of stock On the 28th of February, Norman Axelrod sold around 70k shares on-market at roughly €112 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Norman's only on-market trade for the last 12 months. Reported Earnings • Feb 23
Full year 2023 earnings released: EPS: US$2.32 (vs US$2.82 in FY 2022) Full year 2023 results: EPS: US$2.32 (down from US$2.82 in FY 2022). 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. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 02
Floor & Decor Holdings, Inc. to Report Q4, 2023 Results on Feb 22, 2024 Floor & Decor Holdings, Inc. announced that they will report Q4, 2023 results After-Market on Feb 22, 2024 Announcement • Jan 30
Floor & Decor Launches 2024 Trend Lookbook Floor & Decor announced that it is excited to share its annual Trend Lookbook, covering the top flooring and tile trends for 2024. The company's team of experts has carefully curated a list of the most popular flooring and tile trends that they expect to dominate the market this year. These trends include: "Quiet Luxury," "Heritage at Home," "Simply Natural," "Maximally Eclectic," and a "Nod to Neoclassical." Floor & Decor is sharing these trends with customers, construction professionals and the marketplace, with the official launch of their 2024 Trend Lookbook, now live on flooranddecor.com. Floor & Decor continues to provide innovative and stylish options for customers in the ever-evolving world of home design. The Floor & Decor 2024 Trend Lookbook contains and covers these trends:iet Luxury Quality style can whisper and speak volumes with intentional drama, infused hues, and large-scale looks. Dress up rooms with large format tiles, warm neutrals with different finishes, and punctuate space with intentional color through natural stone and stone looking elements. Heritage at Home Don't be afraid to mix and match designs from different decades. Infuse Mid-century, baroque, and traditional elements to transform modern spaces. Create a storied look by mixing Mid-century tile with brass fixtures and traditional hardwood floors. Consider adding a tile rug to bathroom with a mosaic inlay and accentuate areas with marble trim to try out the trend. Balance distressed wood planks with smooth stone finishes or pair stone tiles and mosaics within the same collection for an effortlessly cohesive scheme. Play around with an earthy palette with layers of warm neutrals grounded by sunset and mossy hues.imally Eclectic Sometimes more if more. Use patterns, colors, and textures to enchant a space with whimsical elements to create a standout style. Add decadence with brass fixtures to tie elements together. Turn small spaces like laundry rooms and guest bathrooms into a household gem by combining complementary colors for an energized space. Nod to the Neoclassical Luxury for less. Elevate common areas with Imperial accents to add richness and timeless elegance. Elevate flooring with a marble checkerboard pattern, incorporate mosaics with brass accents, or give subway tile a twist with a herringbone pattern installation or take it a step farther with marble. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: US$0.62 (vs US$0.72 in 3Q 2022) Third quarter 2023 results: EPS: US$0.62 (down from US$0.72 in 3Q 2022). Revenue: US$1.11b (flat on 3Q 2022). Net income: US$65.9m (down 14% from 3Q 2022). Profit margin: 6.0% (down from 6.9% in 3Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year. Announcement • Oct 13
Floor & Decor Holdings, Inc. to Report Q3, 2023 Results on Nov 02, 2023 Floor & Decor Holdings, Inc. announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 Buying Opportunity • Sep 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 5.9%. The fair value is estimated to be €107, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings is also forecast to grow by 14% per annum over the same time period. Announcement • Aug 30
Floor & Decor Holdings, Inc. Announces Resignation of Brian K. Robbins as Executive Vice President, Business Development Strategy On August 25, 2023, Brian K. Robbins, Executive Vice President, Business Development Strategy, of Floor & Decor Holdings, Inc. informed the Company that he intends his last day of employment with the Company to be March 1, 2024. Mr. Robbins joined the Company as Senior Vice President-Supply Chain in 2013 and held various positions during his tenure with the Company. Mr. Robbins will continue his service to the Company as an employee pursuant to his employment agreement with the Company (a copy of which is filed as an exhibit to the Company’s Current Report on Form 8-K (File No. 001-38070) filed with the SEC on February 4, 2020, and incorporated herein by reference), and perform his duties and assist in their transition through his departure date as reflected in an addendum to his employment agreement with the Company, entered into in connection with Mr. Robbins’ announcement of his resignation (the “Addendum”). The Addendum provides that Mr. Robbins will provide transition services to the Company through March 1, 2024 and, subject to Mr. Robbins continuing to provide such services and his timely execution and non-revocation of a release of claims in favor of the Company and its affiliates upon his resignation, Mr. Robbins will be entitled to continue vesting in his outstanding equity incentive awards under the Company’s 2017 Stock Incentive Plan through his resignation date and will be eligible to receive an annual bonus in respect of fiscal year 2023 based on actual performance. The foregoing summary of the Addendum is qualified in its entirety by the complete copy of such agreement which is attached hereto as Exhibit 10.1. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: US$0.67 (vs US$0.78 in 2Q 2022) Second quarter 2023 results: EPS: US$0.67 (down from US$0.78 in 2Q 2022). Revenue: US$1.14b (up 4.2% from 2Q 2022). Net income: US$71.5m (down 13% from 2Q 2022). Profit margin: 6.3% (down from 7.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year. Announcement • Jul 14
Floor & Decor Holdings, Inc. to Report Q2, 2023 Results on Aug 03, 2023 Floor & Decor Holdings, Inc. announced that they will report Q2, 2023 results After-Market on Aug 03, 2023 Buying Opportunity • Jul 07
Now 22% undervalued Over the last 90 days, the stock is up 9.2%. The fair value is estimated to be €117, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 17% per annum over the same time period. Board Change • Jun 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Melissa Kersey was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • May 26
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 8.7%. The fair value is estimated to be €103, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings is also forecast to grow by 22% per annum over the same time period. Announcement • May 26
Floor & Decor Holdings, Inc. Appoints Wayne Rader as Chief Executive Merchant Floor & Decor Holdings, Inc. appointed Wayne Rader, the new store’s Chief Executive Merchant. Announcement • May 06
Floor & Decor Holdings, Inc. Announces Earnings Outlook for the Year Ending December 28, 2023 Floor & Decor Holdings, Inc. announced earnings outlook for the year ending December 28, 2023. For the year, the company expects Net sales of approximately $4,610 million to $4,750 million. Comparable store sales of approximately 3.0% to flat. Diluted EPS to be in the range of $2.55 to $2.85. Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$0.67 (vs US$0.67 in 1Q 2022) First quarter 2023 results: EPS: US$0.67. Revenue: US$1.12b (up 9.1% from 1Q 2022). Net income: US$71.5m (flat on 1Q 2022). Profit margin: 6.4% (down from 6.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Buying Opportunity • Mar 24
Now 20% undervalued Over the last 90 days, the stock is up 25%. The fair value is estimated to be €105, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings is also forecast to grow by 21% per annum over the same time period. Recent Insider Transactions • Mar 03
Independent Director recently sold €150k worth of stock On the 28th of February, Richard Sullivan sold around 2k shares on-market at roughly €86.61 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €205k more than they bought in the last 12 months. Buying Opportunity • Feb 28
Now 21% undervalued Over the last 90 days, the stock is up 26%. The fair value is estimated to be €109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings is also forecast to grow by 21% per annum over the same time period. Reported Earnings • Feb 25
Full year 2022 earnings released: EPS: US$2.82 (vs US$2.71 in FY 2021) Full year 2022 results: EPS: US$2.82 (up from US$2.71 in FY 2021). Revenue: US$4.26b (up 24% from FY 2021). Net income: US$298.2m (up 5.3% from FY 2021). Profit margin: 7.0% (down from 8.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 25% per year. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €91.87, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total returns to shareholders of 104% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €73.37 per share. Announcement • Feb 03
Floor & Decor Holdings, Inc. to Report Q4, 2022 Results on Feb 23, 2023 Floor & Decor Holdings, Inc. announced that they will report Q4, 2022 results After-Market on Feb 23, 2023 Buying Opportunity • Dec 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 6.7%. The fair value is estimated to be €92.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings is also forecast to grow by 21% per annum over the same time period. Announcement • Nov 19
Floor & Decor Holdings, Inc. Announces Resignation of Kamy Scarlett from Board of Directors On November 15, 2022, Kamy Scarlett resigned from the Board of Directors of Floor & Decor Holdings, Inc. and all committees thereof, effective as of November 15, 2022. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: US$0.72 (vs US$0.71 in 3Q 2021) Third quarter 2022 results: EPS: US$0.72 (up from US$0.71 in 3Q 2021). Revenue: US$1.10b (up 25% from 3Q 2021). Net income: US$76.2m (up 2.0% from 3Q 2021). Profit margin: 6.9% (down from 8.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 21% per year. Announcement • Nov 04
Floor & Decor Holdings, Inc. Provides Earnings Guidance for the Fiscal Year Ending December 29, 2022 Floor & Decor Holdings, Inc. provided earnings guidance for the fiscal year ending December 29, 2022. The company expects net sales of approximately $4,250 to $4,285 million. Comparable store sales growth of approximately 9% to 10%. Diluted EPS to be in the range of $2.65 to $2.75. Announcement • Oct 14
Floor & Decor Holdings, Inc. to Report Q3, 2022 Results on Nov 03, 2022 Floor & Decor Holdings, Inc. announced that they will report Q3, 2022 results After-Market on Nov 03, 2022 Recent Insider Transactions • Aug 12
Insider recently sold €78k worth of stock On the 8th of August, Steven Denny sold around 842 shares on-market at roughly €93.08 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.0m more than they bought in the last 12 months. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: US$0.77 (vs US$0.79 in 2Q 2021) Second quarter 2022 results: EPS: US$0.77 (down from US$0.79 in 2Q 2021). Revenue: US$1.09b (up 27% from 2Q 2021). Net income: US$81.8m (down 1.3% from 2Q 2021). Profit margin: 7.5% (down from 9.6% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 21%, compared to a 9.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year and the company’s share price has also increased by 29% per year. Announcement • Jul 15
Floor & Decor Holdings, Inc. to Report Q2, 2022 Results on Aug 04, 2022 Floor & Decor Holdings, Inc. announced that they will report Q2, 2022 results After-Market on Aug 04, 2022 Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 20% share price gain to €69.79, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total returns to shareholders of 85% over the past three years. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €57.51, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total returns to shareholders of 57% over the past three years. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: US$0.67 (vs US$0.73 in 1Q 2021) First quarter 2022 results: EPS: US$0.67 (down from US$0.73 in 1Q 2021). Revenue: US$1.03b (up 32% from 1Q 2021). Net income: US$71.0m (down 6.4% from 1Q 2021). Profit margin: 6.9% (down from 9.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 23%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 30% per year. Board Change • Apr 29
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Dwight James was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 15
Floor & Decor Holdings, Inc. to Report Q1, 2022 Results on May 05, 2022 Floor & Decor Holdings, Inc. announced that they will report Q1, 2022 results After-Market on May 05, 2022 Recent Insider Transactions • Mar 09
Director recently bought €173k worth of stock On the 1st of March, William Giles bought around 2k shares on-market at roughly €86.37 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €7.4m more in shares than they bought in the last 12 months. Buying Opportunity • Feb 25
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 33%. The fair value is estimated to be US$95.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% per annum over the last 3 years. Earnings per share has grown by 32% per annum over the last 3 years. Announcement • Feb 04
Floor & Decor Holdings, Inc. to Report Q4, 2021 Results on Feb 24, 2022 Floor & Decor Holdings, Inc. announced that they will report Q4, 2021 results After-Market on Feb 24, 2022 Recent Insider Transactions • Nov 23
Independent Director recently sold €1.2m worth of stock On the 18th of November, Peter Starrett sold around 10k shares on-market at roughly €118 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.7m more than they bought in the last 12 months. Reported Earnings • Nov 05
Third quarter 2021 earnings released The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$876.6m (up 28% from 3Q 2020). Net income: US$74.6m (up 8.5% from 3Q 2020). Profit margin: 8.5% (down from 10.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Dwight James was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Dwight James was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Executive Departure • Oct 05
Independent Director David Kaplan has left the company On the 30th of September, David Kaplan's tenure as Independent Director ended after 11.0 years in the role. We don't have any record of a personal shareholding under David's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 8.75 years. Recent Insider Transactions • Sep 15
Vice Chairman of the Board recently sold €1.0m worth of stock On the 9th of September, George West sold around 10k shares on-market at roughly €104 per share. In the last 3 months, there was an even bigger sale from another insider worth €4.1m. This was George's only on-market trade for the last 12 months. Recent Insider Transactions • Aug 12
Executive VP recently sold €217k worth of stock On the 9th of August, David Christopherson sold around 2k shares on-market at roughly €101 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.6m more than they bought in the last 12 months. Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS US$0.79 (vs US$0.31 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$860.1m (up 86% from 2Q 2020). Net income: US$82.9m (up 159% from 2Q 2020). Profit margin: 9.6% (up from 6.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 17% share price gain to US$101, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 14x in the Specialty Retail industry in Europe. Total returns to shareholders of 150% over the past three years. 
