Floor & Décor's Comparable Store Sales Rose 9.2% in 2018
Atlanta, GA, February 22, 2019-Floor & Décor reported comparable store sales growth of 9.2% for 2018.
Net sales rose 23.5% for the year, while net income rose 13%.
The company opened 17 new stores last year and relocated one.
For Q4, net sales increased 12.1%, while net income fell 62.7%. Comparable stores sales rose 0.5%.
Tom Taylor, chief executive officer, noted that the company’s goal is 400 stores. It currently has 100 locations.