Floor & Decor (NYSE:FND) Announces Quarterly Earnings Results

Floor & Decor (NYSE:FND) issued its quarterly earnings data on Thursday. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.04, FiscalAI reports. The business had revenue of $1.21 billion during 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%.

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 Performance

Shares of FND traded up $2.68 on Thursday, reaching $50.23. 4,274,023 shares of the stock traded hands, compared to its average volume of 2,733,956. The stock’s 50-day moving average price is $48.08 and its 200-day moving average price is $55.15. The firm has a market cap of $5.35 billion, a price-to-earnings ratio of 23.36, a P/E/G ratio of 3.88 and a beta of 1.60. Floor & Decor has a 12 month low of $42.64 and a 12 month high of $77.46. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.33 and a quick ratio of 0.45.

Insider Activity at Floor & Decor

In other Floor & Decor news, insider Thomas V. Taylor sold 218,189 shares of the company’s stock in a transaction dated 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 sale, the insider directly owned 229,820 shares of the company’s stock, valued at approximately $14,317,786. This represents a 48.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on FND shares. TD Cowen reiterated a “hold” rating on shares of Floor & Decor in a research report on Monday, August 3rd. Morgan Stanley boosted their target price on Floor & Decor from $56.00 to $64.00 and gave the stock an “equal weight” rating in a research report on Friday, July 31st. Jefferies Financial Group lowered their price objective on shares of Floor & Decor from $59.00 to $47.00 and set a “hold” rating on the stock in a research report on Tuesday, October 20th. The Goldman Sachs Group set a $53.00 price objective on Floor & Decor in a research report on Saturday, August 1st. Finally, Stifel Nicolaus lowered shares of Floor & Decor from a “buy” rating to a “hold” rating and decreased their target price for the company from $75.00 to $52.00 in a research note on Monday. Four research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $56.50.

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.