AI Earnings Predictions for Floor & Decor Holdings Inc. (FND)

EX-99.1

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EX-99.1

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Floor & Decor Holdings, Inc. Announces Third Quarter Fiscal 2026 Financial Results

Net sales of $1,214.6 million increased 3.0% from the third quarter of fiscal 2025

Comparable store sales decreased 1.4%

Diluted EPS of $0.61

Opened one new warehouse store

Returned $91.4 million to shareholders through share repurchases

ATLANTA--(BUSINESS WIRE)--October 29, 2026--Floor & Decor Holdings, Inc. (NYSE: FND) (“We,” “Our,” the “Company,” or “Floor & Decor”) announces its financial results for the third quarter of fiscal 2026, which ended September 24, 2026.

Brad Paulsen, Chief Executive Officer, stated, “We are pleased with our third-quarter performance, delivering 15% earnings per share growth despite a 1.4% decline in comparable store sales. The earnings growth we delivered this quarter underscores the resilience of our business model and our ability to drive profitability in a challenging demand environment. Maintaining strong profitability and cash flow generation enables us to continue investing through the cycle in initiatives that enhance the customer experience, strengthen our Pro offering, expand our store base, and advance our technology capabilities. We believe these investments represent meaningful competitive advantages that support market share gains and position us for long-term growth. In addition, our financial strength provides us with the flexibility to invest in our future while continuing to return capital to shareholders through our ongoing share repurchase program.”

Please see “Comparable Store Sales” below for information on how the Company calculates period-over-period changes in comparable store sales.

For the Thirteen Weeks Ended September 24, 2026

•Net sales of $1,214.6 million increased 3.0% from $1,179.5 million in the third quarter of fiscal 2025.

•Comparable store sales decreased 1.4%.

•We opened one new warehouse store, ending the quarter with 282 warehouse stores and five design studios.

•Operating income of $78.0 million increased 8.3% from $72.0 million in the third quarter of fiscal 2025. Operating margin of 6.4% increased 30 basis points from the third quarter of fiscal 2025.

•Net income of $64.8 million increased 13.2% from $57.3 million in the third quarter of fiscal 2025. Diluted earnings per share (“EPS”) of $0.61 increased 15.1% from $0.53 in the third quarter of fiscal 2025.

•Adjusted EBITDA* of $149.1 million increased 7.4% from $138.8 million in the third quarter of fiscal 2025.

For the Thirty-nine Weeks Ended September 24, 2026

•Net sales of $3,617.1 million increased 1.8% from $3,554.4 million in the same period of fiscal 2025.

•Comparable store sales decreased 2.4%.

•We opened 12 new warehouse stores.

•Operating income of $254.4 million increased 16.6% from $218.1 million in the same period of fiscal 2025. Operating margin of 7.0% increased 90 basis points from the same period of fiscal 2025.

•Net income of $200.4 million increased 18.4% from $169.3 million in the same period of fiscal 2025. Diluted EPS of $1.86 increased 19.2% from $1.56 in the same period of fiscal 2025.

•Adjusted net income* of $167.5 million decreased 1.1% from $169.3 million in the same period of fiscal 2025. Adjusted diluted EPS* of $1.55 decreased 0.6% from $1.56 in the same period of fiscal 2025.

•Gross margin of 45.4% increased 170 basis points from 43.7% in the same period of fiscal 2025. Adjusted gross margin* of 43.8% increased 10 basis points from 43.7% in the same period of fiscal 2025.

•Adjusted EBITDA* of $422.5 million increased 0.9% from $418.7 million in the same period of fiscal 2025.

*Non-GAAP financial measure. Please see “Non-GAAP Financial Measures” and “Reconciliation of GAAP to Non-GAAP Financial Measures” below for more information.

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Updated Outlook for the Fiscal Year Ending December 31, 2026:

The Company will report 53 weeks of operating results in fiscal 2026 and provides the following guidance for fiscal 2026:

•Net sales of approximately $4,765 million to $4,835 million

◦The 53rd week is expected to contribute approximately $65 million to net sales

•Comparable store sales of approximately (3.5)% to (2.0)%

•Diluted EPS of approximately $2.19 to $2.29

◦The 53rd week is expected to contribute approximately $0.08 to diluted EPS

•Adjusted diluted EPS* of approximately $1.88 to $1.98

◦The 53rd week is expected to contribute approximately $0.08 to Adjusted diluted EPS*

•Adjusted EBITDA* of approximately $535 million to $550 million

◦The 53rd week is expected to contribute approximately $11 million to Adjusted EBITDA*

•Depreciation and amortization expense of approximately $250 million

•Interest (income) expense, net of approximately zero

•Tax rate of approximately 21.5% to 22.0%

•Diluted weighted average shares outstanding of approximately 107 million shares

•Open 20 new warehouse stores

•Capital expenditures of approximately $235 million to $250 million

*Non-GAAP financial mea

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