Floor & Decor (NYSE:FND) Issues Earnings Results

Floor & Decor (NYSE:FND) announced its earnings results on Thursday. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.04, FiscalAI reports. Floor & Decor had a return on equity of 8.43% and a net margin of 5.05%. The company had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period last year, the firm earned $0.53 earnings per share. The company’s revenue was up 3.0% on a year-over-year basis.

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

• Third-quarter adjusted performance improved: sales rose 3% to $1.21 billion, while diluted EPS increased 15% to $0.61, supported by expense discipline and operational execution.
• The Pro business continued gaining momentum, with Pro sales growth reaching 9% in September and Pro penetration rising to 55% from approximately 50% a year ago. Installation materials grew 10%, while tile sales increased 5% and continued to gain market share.
• Digital initiatives showed measurable progress, with online sales penetration reaching 20.3% and cart conversion improving 380 basis points year over year. The company also expects to launch its Pro Digital Loyalty program nationally in the first quarter of 2027.
• Demand remains pressured by mortgage rates above 7%, weak existing-home sales, higher energy costs and cautious consumer spending. Fourth-quarter-to-date comparable sales were down approximately 3.8%, and full-year comparable sales guidance now calls for a decline of 3.5% to 2.0%.
• Floor & Decor plans to moderate warehouse-store openings to 10–15 in 2027 from 20 in 2026 because of the macroeconomic environment and weaker new-store productivity. Gross margin also faces pressure from elevated diesel costs, the fading benefit of tariff refunds and planned investments in pricing and Pro loyalty.

Floor & Decor Stock Down 4.9%

Shares of FND traded down $2.48 during midday trading on Friday, hitting $47.86. The company had a trading volume of 5,621,079 shares, compared to its average volume of 3,026,047. The stock has a market cap of $5.10 billion, a price-to-earnings ratio of 21.46, a PEG ratio of 4.13 and a beta of 1.60. The company’s 50 day moving average price is $47.80 and its 200 day moving average price is $54.90. The company has a quick ratio of 0.45, a current ratio of 1.33 and a debt-to-equity ratio of 0.08. Floor & Decor has a 52 week low of $42.64 and a 52 week high of $77.46.

Insider Activity at Floor & Decor

In related news, insider Thomas V. Taylor sold 218,189 shares of Floor & Decor stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $62.30, for a total value of $13,593,174.70. Following the completion of the transaction, the insider directly owned 229,820 shares in the company, valued at approximately $14,317,786. This trade represents a 48.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.80% of the company’s stock.

Floor & Decor News Roundup

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

• Positive Sentiment: Floor & Decor reported third-quarter adjusted earnings of $0.61 per share, exceeding the $0.57 consensus estimate and rising from $0.53 a year earlier. Management highlighted 15% EPS growth and resilience in the business, including continued strength in pro sales. Third-Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Truist lowered its price target to $65 from $70 but maintained a “buy” rating, implying substantial upside from recent trading levels. Truist Price Target Update
• Neutral Sentiment: The company announced a board succession and refreshment plan: Thomas Taylor will become board chair on January 1, 2027, while Lauren Taylor Wolfe will join as an independent director. Board Leadership Transition
• Negative Sentiment: Revenue of approximately $1.21 billion was slightly below the $1.22 billion consensus estimate, while comparable-store sales declined 1.4%. The sales softness likely outweighed the EPS beat for investors. Floor & Decor Earnings Results
• Negative Sentiment: Analyst sentiment deteriorated after the report. UBS reduced its target to $54 from $60 while keeping a neutral rating, and Telsey Advisory Group downgraded the stock to “market perform” and cut its target to $50 from $68. Zacks Research also moved its rating from “hold” to “strong sell.” UBS Price Target Update
• Negative Sentiment: Options activity reflected heightened bearish positioning, with traders purchasing roughly 16,864 put contracts—about 1,341% above typical volume. Why Floor & Decor Moved

Wall Street Analyst Weigh In

A number of research analysts recently commented on FND shares. Wall Street Zen raised Floor & Decor from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Morgan Stanley lifted their price objective on Floor & Decor from $56.00 to $64.00 and gave the stock an “equal weight” rating in a report on Friday, July 31st. JPMorgan Chase & Co. dropped their price objective on Floor & Decor from $59.00 to $57.00 and set a “neutral” rating on the stock in a report on Friday. Zacks Research lowered Floor & Decor from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Finally, Robert W. Baird set a $67.00 target price on Floor & Decor in a research note on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $55.70.

Floor & Decor Company Profile

Floor & Decor Holdings, Inc is a specialty retailer focused on hard-surface flooring and related products. The company offers a broad selection of tile, natural stone, wood, laminate and vinyl flooring, along with installation materials, tools, accessories and home-decor items.

Floor & Decor serves homeowners, professional installers, designers, remodelers and commercial customers through warehouse-format stores, smaller design studios and its e-commerce platform. Its stores are designed to provide a wide product assortment for renovation and construction projects, while also offering services such as design support and product fulfillment.

Founded in 2000 and headquartered in Atlanta, Georgia, Floor & Decor operates primarily in the United States.