Floor & Decor (NYSE:FND) Issues FY 2026 Earnings Guidance

Floor & Decor (NYSE:FND) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.200-2.450 for the period, compared to the consensus estimate of 1.910. The company issued revenue guidance of $4.8 billion-$5.0 billion, compared to the consensus revenue estimate of $4.8 billion.

Floor & Decor Price Performance

Shares of FND traded down $0.40 during trading hours on Thursday, hitting $55.37. The stock had a trading volume of 3,394,486 shares, compared to its average volume of 2,104,532. Floor & Decor has a 1-year low of $42.64 and a 1-year high of $92.40. The firm has a market capitalization of $5.97 billion, a P/E ratio of 30.09, a price-to-earnings-growth ratio of 4.65 and a beta of 1.58. The firm has a 50 day simple moving average of $53.69 and a 200-day simple moving average of $57.30.

Floor & Decor (NYSE:FND) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. Floor & Decor had a return on equity of 8.38% and a net margin of 4.27%.The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.58 EPS. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. Equities analysts predict that Floor & Decor will post 1.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. cut their price target on Floor & Decor from $78.00 to $48.00 and set a “neutral” rating for the company in a research note on Friday, April 24th. Wells Fargo & Company lowered their price objective on Floor & Decor from $70.00 to $50.00 and set an “equal weight” rating for the company in a research note on Friday, May 1st. Barclays dropped their target price on Floor & Decor from $77.00 to $63.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Guggenheim dropped their price objective on Floor & Decor from $90.00 to $65.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Finally, Mizuho cut 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. Five equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $57.72.

Insiders Place Their Bets

In other news, EVP Ersan Sayman sold 15,200 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $48.28, for a total value of $733,856.00. Following the transaction, the executive vice president owned 71,676 shares in the company, valued at $3,460,517.28. The trade was a 17.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Bryan Langley bought 2,500 shares of Floor & Decor stock in a transaction dated Monday, May 4th. The stock was acquired at an average cost of $48.69 per share, with a total value of $121,725.00. Following the completion of the acquisition, the chief financial officer owned 42,016 shares of the company’s stock, valued at $2,045,759.04. This represents a 6.33% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 1.80% of the company’s stock.

Floor & Decor News Summary

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

• Positive Sentiment: Floor & Decor earned $0.58 per share, exceeding analyst estimates of approximately $0.56-$0.57. Revenue reached $1.25 billion, above the roughly $1.23 billion consensus estimate. Floor & Decor Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised or reaffirmed fiscal 2026 EPS guidance at $2.20-$2.45, well above the approximately $1.91 analyst consensus. Full-year revenue guidance of $4.8 billion-$5.0 billion was at least in line with expectations. Floor & Decor Announces Second-Quarter Fiscal 2026 Results
• Neutral Sentiment: Quarterly revenue increased 3.0% year over year, but EPS was unchanged from the prior-year quarter at $0.58. This suggests the earnings beat was favorable, though underlying growth remains relatively measured. Floor & Decor Earnings Report
• Negative Sentiment: The company indicated that demand for larger discretionary home-improvement projects remains challenging. That caution could temper investor enthusiasm despite the quarterly beat and improved earnings outlook. Floor & Decor Announces Second-Quarter Fiscal 2026 Results

Institutional Investors Weigh In On Floor & Decor

Large investors have recently made changes to their positions in the business. Morgan Stanley boosted its holdings in shares of Floor & Decor by 10.4% in the 4th quarter. Morgan Stanley now owns 5,120,116 shares of the company’s stock worth $311,764,000 after buying an additional 484,243 shares during the last quarter. State Street Corp increased its holdings in Floor & Decor by 1.1% during the second quarter. State Street Corp now owns 3,811,571 shares of the company’s stock worth $289,527,000 after buying an additional 42,636 shares during the last quarter. Wasatch Advisors LP grew its position in shares of Floor & Decor by 19.2% during the 2nd quarter. Wasatch Advisors LP now owns 2,717,183 shares of the company’s stock valued at $206,397,000 after acquiring an additional 437,396 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Floor & Decor by 28.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,947,516 shares of the company’s stock worth $118,586,000 after purchasing an additional 436,338 shares during the last quarter. Finally, FIL Ltd increased its stake in shares of Floor & Decor by 193.9% during the 4th quarter. FIL Ltd now owns 1,836,696 shares of the company’s stock worth $111,836,000 after purchasing an additional 1,211,731 shares during the last quarter.

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.