Earnings release
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November 4 , 2021 FLOOR & Floor & Decor Holdings , Inc. Announces Third Quarter Fiscal 2021 Financial Results • Net sales increased 28.0 % from the third quarter of fiscal 2020 to $ 876.6 million . • Comparable store sales increased 10.9 % from the third quarter of fiscal 2020 . • Diluted earnings per share ( " EPS " ) increased 6.2 % to $ 0.69 from $ 0.65 in the third quarter of fiscal 2020 ; Adjusted diluted EPS * increased 7.1 % to $ 0.60 from $ 0.56 in the third quarter of fiscal 2020 . Ⓡ ATLANTA -- ( BUSINESS WIRE ) -- Floor & Decor Holdings , Inc. ( NYSE : FND ) ( " We , " " Our , " the " Company , " or " Floor & Decor " ) announces record financial results for the third quarter of fiscal 2021 , which ended September 30 , 2021 . Tom Taylor , Chief Executive Officer , stated , “ We are very pleased with our fiscal 2021 third quarter and year - to - date financial results . These strong results reflect the steadfast efforts of our associates to serve our customers every day during their purchase journey . We continue to benefit from our unique business model that offers broad , innovative trend - forward assortments in project - ready quantities , which enable our Pro and Homeowner customers to choose from multiple options to complete their projects on time . These benefits have been particularly important as disruptions in the global supply chain have created uncertainty in product lead times and rising costs . Our merchandising and supply chain teams , along with our vendor partners , have done a great job successfully managing these by leveraging our diverse countries of origin and our long - term relationships with outstanding vendor and supply chain partners . " Mr. Taylor continued , " Year - to - date through the third quarter , we have successfully opened 20 new warehouse stores , bringing our total to 153 warehouse stores operating in 33 states . We intend to open seven new warehouse stores in the fourth quarter of fiscal 2021. As a result , we expect to open 27 new warehouse stores in fiscal 2021 , representing 20.3 % growth from fiscal 2020. Our strong year - to - date results continue to reinforce our belief that the new store classes of 2020 and 2021 will likely represent the most robust first - year sales and profit classes in our history . " Please see " Comparable Store Sales " below for information on how the Company calculates its comparable store sales growth . For the Thirteen Weeks Ended September 30 , 2021 Net sales increased 28.0 % to $ 876.6 million from $ 684.8 million in the third quarter of fiscal 2020 . Comparable store sales increased 10.9 % . • We opened six new warehouse stores during the third quarter of fiscal 2021 , ending the quarter with 153 warehouse stores and two design studios . • Operating income increased 5.8 % to $ 83.4 million from $ 78.8 million in the third