Floor and Décor Q3 Profit Increases More than 60 Percent

Floor and Décor (Smyrna, Ga.) reported a third quarter profit of $23.26 million, an increase of 63.6 percent compared with a profit of $14.22 million in the third quarter of 2016.

Sales in the third quarter totaled $343.92 million, up 26.8 percent from sales in the third quarter of 2016 of $271.31 million. Comparable store sales increased 13.5 percent from the third quarter of 2016 despite 150 days of full or partial store closures due to hurricanes Harvey and Irma.

"We are very pleased to report a strong third quarter that continues to demonstrate the strength and appeal of Floor and Décor’s unique business model highlighted by our leading innovative product offerings, in-stock inventory, and compelling value proposition,” said CEO Tom Taylor in a statement.

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