Floor & Decor (NYSE:FND) Releases Earnings Results, Beats Expectations By $0.02 EPS

Floor & Decor (NYSE:FND) posted its quarterly earnings data on Thursday. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.02, FiscalAI reports. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.58 earnings per share. Floor & Decor updated its FY 2026 guidance to 2.200-2.450 EPS.

Here are the key takeaways from Floor & Decor’s conference call:

• Second-quarter sales rose 3% to $1.25 billion, while comparable-store sales declined 2.1% but improved sequentially from a 3.7% decline in the first quarter. Adjusted diluted EPS was $0.58, flat year over year and above the company’s expectations.
• Demand for large discretionary flooring projects remains pressured by historically low existing-home sales, affordability challenges and cautious consumers. Third-quarter-to-date comparable sales were down 2.2%, and vinyl flooring faces excess industry supply that could weigh on the category through at least the first half of 2027.
• Professional sales grew approximately 4% and represented about 55% of total sales, supported by strong installation-materials performance and gains in tile and wood. Management also cited improving conversion, higher-value product adoption and better regional trends as evidence that its market-share initiatives are gaining traction.
• The company raised its fiscal 2026 adjusted diluted EPS outlook to $1.88-$2.13 and expects sales of $4.77-$4.99 billion, with the 53rd week contributing approximately $0.08 of adjusted EPS. The guidance still assumes comparable-store sales ranging from flat to down 4%, reflecting continued macroeconomic uncertainty.
• Strong operating cash flow and a refinancing that extended debt maturities supported $65.7 million of share repurchases in the quarter, with $334.3 million remaining under the authorization. Floor & Decor also continued expansion, opening 11 stores in the first half, while online sales penetration increased to 20.3% from 18.6% a year ago.

Floor & Decor Price Performance

NYSE:FND traded up $3.29 during midday trading on Friday, hitting $58.59. The company’s stock had a trading volume of 3,394,308 shares, compared to its average volume of 2,766,949. Floor & Decor has a fifty-two week low of $42.64 and a fifty-two week high of $92.40. The firm’s 50 day moving average is $53.69 and its 200-day moving average is $57.30. The firm has a market cap of $6.32 billion, a P/E ratio of 32.02, a P/E/G ratio of 4.65 and a beta of 1.58.

Insider Buying and Selling at Floor & Decor

In other Floor & Decor news, CEO Bradley Paulsen acquired 5,000 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was acquired at an average cost of $50.25 per share, for a total transaction of $251,250.00. Following the purchase, the chief executive officer owned 85,010 shares in the company, valued at approximately $4,271,752.50. The trade was a 6.25% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Ersan Sayman sold 15,200 shares of the company’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $48.28, for a total transaction of $733,856.00. Following the completion of the sale, the executive vice president directly owned 71,676 shares in the company, valued at $3,460,517.28. This trade represents a 17.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Floor & Decor

Several hedge funds have recently added to or reduced their stakes in FND. Range Rock Capital LLC acquired a new position in shares of Floor & Decor in the 4th quarter valued at about $450,000. Schroder Investment Management Group grew its holdings in Floor & Decor by 4.2% during the fourth quarter. Schroder Investment Management Group now owns 5,855 shares of the company’s stock worth $359,000 after acquiring an additional 237 shares during the period. Commerce Bank raised its position in Floor & Decor by 24.6% during the fourth quarter. Commerce Bank now owns 4,847 shares of the company’s stock valued at $295,000 after acquiring an additional 958 shares in the last quarter. Principal Securities Inc. raised its position in Floor & Decor by 13.1% during the fourth quarter. Principal Securities Inc. now owns 4,731 shares of the company’s stock valued at $288,000 after acquiring an additional 549 shares in the last quarter. Finally, Twinbeech Capital LP purchased a new position in Floor & Decor during the fourth quarter valued at approximately $218,000.

Analyst Ratings Changes

Several analysts have weighed in on FND shares. Zelman & Associates dropped their target price on shares of Floor & Decor from $80.00 to $65.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Piper Sandler raised their price target on shares of Floor & Decor from $70.00 to $72.00 and gave the stock an “overweight” rating in a report on Friday. TD Cowen lowered their price objective on shares of Floor & Decor from $60.00 to $48.00 and set a “hold” rating for the company in a research note on Friday, May 1st. Mizuho dropped their price objective on shares of Floor & Decor from $72.00 to $58.00 and set a “neutral” rating on the stock in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. cut their target price on Floor & Decor from $78.00 to $48.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. Five research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Floor & Decor currently has a consensus rating of “Hold” and a consensus price target of $59.74.

Trending Headlines about Floor & Decor

Here are the key news stories impacting Floor & Decor this week:

• Positive Sentiment: Q2 earnings beat expectations: Floor & Decor reported adjusted diluted EPS of $0.58, above estimates of approximately $0.56-$0.57, while revenue increased 3.0% year over year to $1.25 billion, exceeding expectations of about $1.23 billion. Floor & Decor Announces Second Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Higher full-year outlook: Management raised FY 2026 diluted EPS guidance to $2.20-$2.45 from $1.83-$2.08, well above the roughly $1.91 analyst consensus cited in the reports. Revenue guidance was set at approximately $4.8-$5.0 billion. The company also repurchased $65.7 million of stock during the quarter. Floor & Decor Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Improving sales momentum: Comparable-store sales remained negative but improved from a 5.1% decline in April to nearly flat in June, suggesting demand trends strengthened as the quarter progressed despite weakness in larger discretionary home-improvement purchases.
• Positive Sentiment: Price-target increases: Truist raised its target from $65 to $70 and assigned a “buy” rating, implying approximately 19% upside from the referenced $58.69 level. Morgan Stanley raised its target from $56 to $64 but maintained an “equal weight” rating, indicating a more cautious view. Benzinga analyst updates
• Neutral Sentiment: Recent insider activity included purchases by the CEO and CFO, partly offset by a sale from an executive vice president. Institutional positioning was mixed, with 236 investors adding shares and 211 reducing positions in the latest quarter.
• Negative Sentiment: Comparable-store sales were still below the prior year, and the company’s net margin was only 4.27%, leaving the stock exposed to continued pressure on discretionary consumer spending.

About Floor & Decor

Founded in 2000 and headquartered in Atlanta, Floor & Decor Holdings Inc is a specialty retailer focused on hard surface flooring and related accessories in the United States. The company serves both professional installers and do-it-yourself customers through a growing network of warehouse-format stores and a comprehensive e-commerce platform.

Floor & Decor’s product offering spans ceramic and porcelain tile, engineered and solid hardwood, laminate, luxury vinyl plank and tile, natural stone and a full suite of installation materials such as grout, mortars and underlayment.