Floor & Decor Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 04, 2021 at 04:30 pm EDT
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Floor & Decor Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 876.55 million compared to USD 684.85 million a year ago. Net income was USD 74.65 million compared to USD 68.77 million a year ago. Basic earnings per share from continuing operations was USD 0.71 compared to USD 0.67 a year ago. Diluted earnings per share from continuing operations was USD 0.69 compared to USD 0.65 a year ago.
For the nine months, sales was USD 2,519.2 million compared to USD 1,702.14 million a year ago. Net income was USD 233.36 million compared to USD 137.84 million a year ago. Basic earnings per share from continuing operations was USD 2.23 compared to USD 1.35 a year ago. Diluted earnings per share from continuing operations was USD 2.17 compared to USD 1.3 a year ago.
Floor & Decor Holdings, Inc. is a multi-channel specialty retailer and commercial flooring distributor. It primarily sells hard surface flooring and related accessories and is a seller of commercial surfaces. The Company operates 221 warehouse-format stores and five design studios across 36 states. The Company offers an assortment of in-stock hard-surface flooring, including tile, wood, laminate and vinyl, and natural stone, along with decorative accessories and wall tile, installation materials, and adjacent categories. The Company offers its products to various customers, including professional installers and commercial businesses (Pro) and homeowners, which are comprised of do-it-yourself customers (DIY) and buy it yourself customers who buy the products for professional installation (BIY). Its warehouse-format stores, which average approximately 78,000 square feet. The Companyâs subsidiary is Floor and Decor Outlets of America, Inc.
FLOOR & DECOR HOLDINGS, INC. 
