Floor & Decor (NYSE:FND) Announces Earnings Results

Floor & Decor (NYSE:FND) announced its quarterly earnings data on Thursday. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.04, FiscalAI reports. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.22 billion. Floor & Decor had a return on equity of 8.20% and a net margin of 4.93%. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period last year, the company earned $0.53 EPS.

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 Price Performance

Floor & Decor stock opened at $50.23 on Friday. The company has a current ratio of 1.33, a quick ratio of 0.45 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $5.35 billion, a P/E ratio of 23.36, a PEG ratio of 3.90 and a beta of 1.60. The business has a 50-day moving average of $47.94 and a 200-day moving average of $55.03. Floor & Decor has a 1 year low of $42.64 and a 1 year high of $77.46.

Insider Buying and Selling at Floor & Decor

In related news, insider Thomas V. Taylor sold 218,189 shares of Floor & Decor stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $62.30, for a total transaction of $13,593,174.70. Following the transaction, the insider owned 229,820 shares of the company’s stock, valued at $14,317,786. This trade represents a 48.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.80% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

FND has been the subject of a number of research reports. Robert W. Baird set a $67.00 price objective on Floor & Decor in a research report on Friday, July 31st. Zacks Research lowered shares of Floor & Decor from a “hold” rating to a “strong sell” rating in a research note on Tuesday. UBS Group cut shares of Floor & Decor from a “neutral” rating to a “market perform” rating and set a $54.00 price target for the company. in a research report on Friday. Wells Fargo & Company cut their price objective on shares of Floor & Decor from $55.00 to $45.00 and set an “equal weight” rating on the stock in a report on Monday, October 19th. Finally, Truist Financial raised their price objective on shares of Floor & Decor from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $55.50.

Floor & Decor News Summary

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

• Positive Sentiment: Adjusted earnings were $0.61 per share, exceeding the $0.57 analyst consensus and rising from $0.53 a year earlier. Management highlighted 15% earnings growth and continued strength in professional-customer sales, suggesting cost control and customer mix are supporting profitability. Floor & Decor Third-Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Revenue increased approximately 3% year over year to $1.21 billion. Although slightly below the $1.22 billion consensus, sales were broadly in line with expectations, while the company’s low debt-to-equity ratio provides financial flexibility for continued store expansion and investment. Floor & Decor Q3 Earnings Beat Estimates
• Neutral Sentiment: Floor & Decor announced a board succession plan: Thomas Taylor will become board chair from executive chair on January 1, 2027, and Lauren Taylor Wolfe will join as an independent director. The changes may improve governance and board refreshment, but no immediate financial impact was announced. Floor & Decor Board Leadership Transition
• Negative Sentiment: Comparable-store sales declined 1.4%, indicating continued pressure on demand despite overall revenue growth. The combination of soft existing-store trends and a slight revenue miss could limit enthusiasm around the earnings beat. Floor & Decor Q3 2026 Earnings Call Transcript
• Negative Sentiment: Zacks Research downgraded FND from “hold” to “strong sell,” adding a bearish signal immediately after the earnings release. The downgrade may reinforce concerns about valuation, sluggish comparable sales and the stock trading below its 200-day moving average. Zacks Research Floor & Decor Rating

About Floor & Decor

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.