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.