Floor & Decor Reports Q3 2026 Earnings with Increased EPS and Professional Sales Growth

Floor & Decor (FND) reported third-quarter net sales of $1,214.6 million, a 3.0% increase driven by new store openings and improved comparable store performance. Despite a 1.4% decline in comparable store sales, the company saw significant growth in its professional customer segment, which now accounts for 55% of total sales. Diluted EPS rose 15.1% year-over-year to $0.61. The company faces macroeconomic headwinds, specifically high mortgage rates exceeding 7%, which continue to pressure the housing market and consumer discretionary spending. While gross margins benefited from tariff refunds, rising diesel fuel prices are expected to create a supply chain cost headwind of up to 140 basis points in the fourth quarter. Management has moderated its 2027 store opening guidance to align with these pressured market conditions.

9 articles from 3 sources · updated

Coverage