Floor & Decor (NYSE:FND – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.830-2.080 for the period, compared to the consensus estimate of 2.060. The company issued revenue guidance of $4.8 billion-$5.0 billion, compared to the consensus revenue estimate of $5.0 billion.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the stock. Piper Sandler reissued an “overweight” rating and set a $70.00 price objective (down from $78.00) on shares of Floor & Decor in a research note on Friday. 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 report on Friday, April 24th. Weiss Ratings reissued a “hold (c-)” rating on shares of Floor & Decor in a research note on Monday. Stifel Nicolaus set a $75.00 price objective on Floor & Decor in a report on Friday. Finally, Citigroup lowered their price objective on Floor & Decor from $60.00 to $52.00 and set a “neutral” rating for the company in a research report on Friday. Five analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Floor & Decor has an average rating of “Hold” and an average price target of $60.74.
Check Out Our Latest Report on Floor & Decor
Floor & Decor Trading Up 4.4%
Floor & Decor (NYSE:FND – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). The company had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Floor & Decor had a net margin of 4.45% and a return on equity of 8.99%. The firm’s quarterly revenue was down .7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.46 earnings per share. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. As a group, research analysts forecast that Floor & Decor will post 2.09 earnings per share for the current year.
More Floor & Decor News
Here are the key news stories impacting Floor & Decor this week:
- Positive Sentiment: Telsey Advisory remains constructive: although it cut its target, Telsey still rates FND “outperform” with a $61 target (meaning material upside from current levels), signaling at least one shop sees recovery potential. Telsey report
- Positive Sentiment: Company describes execution in a challenging demand environment — management framed results as execution against a tough big‑ticket discretionary backdrop, which may reassure investors focused on long‑term rollout/operational execution. Press release
- Neutral Sentiment: Citigroup trimmed its target to $52 and kept a “neutral” stance — modestly different from the market but not a strong sell signal. Citigroup note
- Neutral Sentiment: Full Q1 earnings call transcript and analyst writeups are available for diligence — useful for investors who want management commentary on comps, margin drivers and cadence through FY26. Earnings call transcript
- Negative Sentiment: Q1 missed estimates and outlook trimmed: EPS $0.37 vs. $0.42 est., revenue $1.15B vs. $1.19B est.; comps down ~3.7% and Q1 EPS materially below prior year — the company set FY26 EPS guidance of $1.83–2.08 vs. consensus ~2.06 and revenue guidance at $4.8–5.0B (vs. $5.0B consensus). Those misses and lowered guidance are the primary drivers of near‑term downside. Press release / results
- Negative Sentiment: Multiple analyst cuts and more cautious stances (TD Cowen to $48/hold; Wells Fargo to $50/equal weight) increase near‑term selling pressure and lower the bar for negative revisions. TD Cowen / Benzinga Wells Fargo writeup
- Negative Sentiment: Bear case highlighted: Seeking Alpha warns of persistent comp and earnings pressure, argues FND’s premium multiple is at risk and models a possible downside toward ~$37/share if weak comps persist — a reminder of valuation risk if the consumer stays soft. No Turn Here
Hedge Funds Weigh In On Floor & Decor
Several hedge funds and other institutional investors have recently modified their holdings of FND. Morgan Stanley grew its holdings in shares of Floor & Decor by 10.4% during the 4th quarter. Morgan Stanley now owns 5,120,116 shares of the company’s stock worth $311,764,000 after purchasing an additional 484,243 shares during the period. State Street Corp lifted its position in Floor & Decor by 1.1% during the second quarter. State Street Corp now owns 3,811,571 shares of the company’s stock valued at $289,527,000 after buying an additional 42,636 shares in the last quarter. Wasatch Advisors LP lifted its position in Floor & Decor by 19.2% during the second quarter. Wasatch Advisors LP now owns 2,717,183 shares of the company’s stock valued at $206,397,000 after buying an additional 437,396 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Floor & Decor by 28.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,947,516 shares of the company’s stock worth $118,586,000 after acquiring an additional 436,338 shares in the last quarter. Finally, FIL Ltd increased its position in shares of Floor & Decor by 193.9% in 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.
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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