Floor & Decor (NYSE:FND – Get Free Report) 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 EPS 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.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on the company. Piper Sandler reissued an “overweight” rating on shares of Floor & Decor in a research note on Tuesday, May 26th. Barclays dropped their price target on Floor & Decor from $77.00 to $63.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. Mizuho reduced their price objective on Floor & Decor from $72.00 to $58.00 and set a “neutral” rating on the stock in a research report on Friday, May 8th. Citigroup reiterated a “neutral” rating on shares of Floor & Decor in a research report on Thursday, July 16th. Finally, Wells Fargo & Company decreased their price objective on Floor & Decor from $70.00 to $50.00 and set an “equal weight” rating on the stock in a report on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $57.72.
Floor & Decor Trading Down 0.7%
Floor & Decor (NYSE:FND – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. The company had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. Floor & Decor had a return on equity of 8.38% and a net margin of 4.27%.Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. Sell-side analysts expect that Floor & Decor will post 1.94 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, CEO Bradley Paulsen acquired 5,000 shares of the stock in a transaction on Monday, May 4th. The stock was purchased at an average price of $50.25 per share, for a total transaction of $251,250.00. Following the completion of the transaction, the chief executive officer owned 85,010 shares of the company’s stock, valued at $4,271,752.50. This trade represents a 6.25% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Bryan Langley acquired 2,500 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were bought at an average cost of $48.69 per share, with a total value of $121,725.00. Following the purchase, the chief financial officer owned 42,016 shares of the company’s stock, valued at approximately $2,045,759.04. This trade represents a 6.33% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 1.80% of the company’s stock.
Institutional Investors Weigh In On Floor & Decor
Institutional investors have recently added to or reduced their stakes in the company. Townsquare Capital LLC increased its position in shares of Floor & Decor by 12.9% in the fourth quarter. Townsquare Capital LLC now owns 3,493 shares of the company’s stock valued at $213,000 after acquiring an additional 398 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of Floor & Decor by 13.7% during the second quarter. Smartleaf Asset Management LLC now owns 2,019 shares of the company’s stock worth $152,000 after purchasing an additional 244 shares during the period. Osaic Holdings Inc. boosted its holdings in shares of Floor & Decor by 68.4% during the second quarter. Osaic Holdings Inc. now owns 1,852 shares of the company’s stock worth $142,000 after purchasing an additional 752 shares during the period. Quarry LP bought a new stake in shares of Floor & Decor in the third quarter worth about $90,000. Finally, State of Wyoming grew its stake in shares of Floor & Decor by 49.8% in the fourth quarter. State of Wyoming now owns 1,431 shares of the company’s stock worth $87,000 after purchasing an additional 476 shares during the last quarter.
Floor & Decor Company Profile
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.
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