Floor & Decor (NYSE:FND – Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided 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 Ratings Changes
A number of research analysts have recently issued reports on the stock. Wells Fargo & Company lifted their target price on shares of Floor & Decor from $50.00 to $55.00 and gave the company an “equal weight” rating in a research note on Friday. 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 report on Friday, April 24th. Citigroup reiterated a “neutral” rating on shares of Floor & Decor in a research report on Thursday, July 16th. Weiss Ratings lowered Floor & Decor from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Finally, Mizuho decreased their target price on Floor & Decor from $72.00 to $58.00 and set a “neutral” rating on the stock in a report on Friday, May 8th. Five analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $59.42.
Check Out Our Latest Analysis on FND
Floor & Decor Price Performance
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, topping analysts’ consensus estimates of $0.56 by $0.02. The company had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. Floor & Decor had a return on equity of 8.27% and a net margin of 4.93%.The firm’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.58 earnings per share. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. On average, research analysts anticipate that Floor & Decor will post 1.94 earnings per share for the current year.
Insider Activity at Floor & Decor
In other news, CFO Bryan Langley purchased 2,500 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was bought at an average price of $48.69 per share, with a total value of $121,725.00. Following the acquisition, the chief financial officer directly owned 42,016 shares of the company’s stock, valued at approximately $2,045,759.04. This represents a 6.33% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Bradley Paulsen bought 5,000 shares of Floor & Decor stock in a transaction on Monday, May 4th. The shares were acquired at an average price of $50.25 per share, for a total transaction of $251,250.00. Following the completion of the acquisition, the chief executive officer owned 85,010 shares of the company’s stock, valued at approximately $4,271,752.50. This represents a 6.25% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.80% of the stock is currently owned by corporate insiders.
Key Floor & Decor News
Here are the key news stories impacting Floor & Decor this week:
- Positive Sentiment: Q2 results exceeded expectations: Revenue rose 3.0% year over year to $1.25 billion, ahead of the approximately $1.23 billion consensus, while adjusted EPS of $0.58 topped estimates of $0.56-$0.57. Floor & Decor second-quarter fiscal 2026 results
- Positive Sentiment: Full-year outlook improved: Floor & Decor raised FY2026 diluted EPS guidance to $2.20-$2.45 from $1.83-$2.08, above the roughly $1.91 analyst consensus. The company also expects revenue of approximately $4.8-$5.0 billion. Floor & Decor earnings and revenue beat estimates
- Positive Sentiment: Sales trends improved during the quarter: Comparable-store sales declined 5.1% in April but were nearly flat by June, suggesting demand stabilized as the quarter progressed. The company also repurchased $65.7 million of stock.
- Positive Sentiment: Analysts raised targets: Truist lifted its price target from $65 to $70 and maintained a “buy” rating, while Morgan Stanley raised its target from $56 to $64 but retained an “equal weight” rating. Benzinga analyst price-target updates
- Neutral Sentiment: Mixed insider and institutional activity: The CEO and CFO recently purchased shares, while an executive sold shares. Institutional positioning was also mixed, with 236 investors adding shares and 211 reducing positions in the latest quarter.
- Negative Sentiment: Comparable sales remained under pressure: Despite the late-quarter improvement, the company continues to face weakness in discretionary home-improvement demand, with full-year comparable-store sales expectations ranging from flat to down 4%.
Institutional Investors Weigh In On Floor & Decor
Several institutional investors have recently bought and sold shares of FND. Champlain Investment Partners LLC acquired a new stake in shares of Floor & Decor in the 4th quarter valued at approximately $108,060,000. Durable Capital Partners LP bought a new stake in Floor & Decor during the second quarter worth $106,221,000. FIL Ltd raised its position in Floor & Decor by 193.9% during the fourth quarter. FIL Ltd now owns 1,836,696 shares of the company’s stock worth $111,836,000 after acquiring an additional 1,211,731 shares in the last quarter. Scopus Asset Management L.P. acquired a new stake in Floor & Decor in the third quarter valued at $80,234,000. Finally, Raymond James Financial Inc. grew its position in shares of Floor & Decor by 76.9% in the 2nd quarter. Raymond James Financial Inc. now owns 1,160,407 shares of the company’s stock valued at $88,145,000 after acquiring an additional 504,465 shares during the period.
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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