Floor & Decor's Fayetteville store, located at 1748 Skibo Road, will open approximately 35 full-time and 15 part-time associates, led by Quentin Kaiser, Chief Executive Merchant. "We're thrilled to open in Fayetteville and serve both homeowners and professionals with the selection, value, and expertise they need to bring their projects to life,†said Kaiser. Floor & Decor operates more than 270 warehouse-format stores and design studios nationwide, offering a wide assortment of in-stock hard-surface flooring ...

Floor & Decor supports both professionals and homeowners with an expansive selection of flooring and home improvement products—along with dedicated PRO Services and a PRO Premier Rewards Program for those in the trade. The Staten Island store opens with a team of approximately 40 associates and is led by Arsenio (AJ) MacKay, the store's Chief Executive Merchant. Floor & Decor operates more than 270 warehouse-format stores and design studios nationwide, offering a wide assortment of in-stock hard-surface flo ...

I'm an insurance Case Manager with a deep interest in investing. My investment philosophy is all about buying high quality stocks and great businesses. My favorite businesses are those led by disciplined capital allocators, earn exceptional returns on capital, and can compound their invested capital over long periods of time.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. ...

Goldman Sachs adjusts NYSE:FND rating to Neutral and lowers price target from $71 to $64.FND reports mixed fourth-quarter fiscal 2025 results with EPS of 36 cents and net sales increase of 2% year-over-year to $1.13 billion.The company plans to open 20 new stores in 2026, aiming for net sales between $4.88 billion to $5.03 billion and an EPS forecast between $1.98 and $2.18.Floor & Decor Holdings, Inc. (NYSE:FND) is a leading specialty retailer in the home improvement sector, focusing on hard surface floori ...

Core Viewpoint - Floor & Decor Holdings Inc. reported fourth-quarter results that slightly exceeded earnings expectations, leading to a more than 6% increase in share price intra-day [1]. Financial Performance - The company achieved diluted earnings per share of $0.36, marginally surpassing the analyst consensus of $0.35 [2]. - Total revenue for the quarter reached $1.13 billion, reflecting a 2.0% increase compared to the same period last year [2]. - Comparable store sales experienced a decline of 4.8% in the final quarter of 2025, indicating ongoing challenges in organic growth [2]. Future Projections - For fiscal 2026, Floor & Decor projected total sales between $4.88 billion and $5.03 billion, which includes an estimated $65 million in revenue from a 53rd operating week [3]. - Management guided full-year earnings per share to be between $1.98 and $2.18 [3]. - Company leadership emphasized the resilience of the business model and its commitment to disciplined execution and strategic investment [3].

Core Insights - Floor & Decor Holdings, Inc. (FND) reported mixed fourth-quarter fiscal 2025 results, with net sales falling short of estimates while earnings exceeded expectations. Year-over-year earnings declined, but net sales showed growth [1][3]. Financial Performance - Earnings per share (EPS) for the quarter was 36 cents, beating the consensus estimate of 35 cents but down 18.2% from the previous year [3]. - Net sales increased by 2% year-over-year to $1,129.7 million, missing the Zacks Consensus Estimate of $1,136 million [3]. - Comparable store sales decreased by 4.8%, attributed to weaker existing home sales activity [3]. Margin and Expenses - Gross margin remained stable at 43.5%, supported by favorable product margins and disciplined pricing, despite higher distribution costs and early tariff impacts [4]. - Selling, General and Administrative (SG&A) expenses increased as a percentage of sales, reaching 38.9%, primarily due to new store openings and weaker comparable store sales [5]. Operating Income and EBITDA - Operating income for the quarter was $51.9 million, a decline of 12.3% from $59.2 million in the same quarter of fiscal 2024, with an operating margin contraction of 80 basis points to 4.6% [6]. - Adjusted EBITDA for the quarter was $119.4 million, a slight decrease of 0.3% from $119.8 million in the previous year [6]. Financial Position - At the end of fiscal 2025, the company had cash and cash equivalents of $249.3 million, a term loan of $193.6 million, and shareholders' equity of $2.41 billion [7]. - The company generated $381.8 million in net cash from operations during fiscal 2025 [7]. Future Outlook - For fiscal 2026, Floor & Decor expects net sales between $4.88 billion and $5.03 billion, with comparable store sales projected to range from a negative 2% to 1% growth [8]. - The company plans to open 20 new warehouse-format stores as part of its long-term growth strategy [8]. - EPS for 2026 is projected to be between $1.98 and $2.18, with adjusted EBITDA anticipated to be between $560 million and $590 million [9]. Capital Expenditures - Planned capital expenditures for the upcoming year are between $250 million and $300 million, reflecting ongoing investments in new stores and infrastructure [11].

Financial Performance - Floor & Decor reported revenue of $1.13 billion for the quarter ended December 2025, reflecting a year-over-year increase of 2% [1] - The earnings per share (EPS) for the same period was $0.36, down from $0.39 a year ago [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $1.14 billion, resulting in a surprise of -0.52% [1] - The company delivered an EPS surprise of +1.9%, with the consensus EPS estimate being $0.35 [1] Key Metrics - Comparable store sales decreased by 4.8%, compared to an average estimate of -3% from seven analysts [4] - The total number of warehouse stores was 270, slightly below the average estimate of 272 based on four analysts [4] - The number of warehouse stores opened was 8, compared to an estimated 9 by three analysts [4] Stock Performance - Shares of Floor & Decor have returned -6.8% over the past month, while the Zacks S&P 500 composite experienced a -0.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

分组1 - Floor & Decor (FND) reported quarterly earnings of $0.36 per share, exceeding the Zacks Consensus Estimate of $0.35 per share, but down from $0.39 per share a year ago, representing an earnings surprise of +1.90% [1] - The company posted revenues of $1.13 billion for the quarter ended December 2025, missing the Zacks Consensus Estimate by 0.52%, compared to $1.11 billion in the same quarter last year [2] - Floor & Decor shares have increased approximately 14.9% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.5% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.42 on revenues of $1.22 billion, and for the current fiscal year, it is $2.13 on revenues of $5.06 billion [7] - The Zacks Industry Rank for Retail - Home Furnishings is currently in the bottom 32% of over 250 Zacks industries, indicating potential challenges for the sector [8] - Lowe's, a competitor in the same industry, is expected to report quarterly earnings of $1.95 per share, reflecting a year-over-year change of +1%, with revenues projected at $20.36 billion, up 9.8% from the previous year [9][10]

Financial Data and Key Metrics Changes - The company reported diluted earnings per share of $0.36 for Q4 2025, aligning with guidance, and $1.92 for the full year, up from $1.90 in the prior year [5][6] - Q4 sales increased by 2% to $1.13 billion, while comparable store sales declined by 4.8%. For the full year, sales grew by 5.1% to $4.684 billion, with comparable store sales down by 1.8% [7][17] - Gross margin for Q4 was 43.5%, flat year-over-year, while for the full year, it improved to 43.6% from 43.3% [27][28] Business Line Data and Key Metrics Changes - Sales to PRO customers grew slightly year-over-year and by 9% for the full year, representing about 50% of total sales [21] - Connected customer sales rose approximately 2% year-over-year, accounting for about 18.5% of total sales [20] Market Data and Key Metrics Changes - The West region outperformed the company average for both the quarter and the year, indicating relative strength in that market [18] - Early fiscal 2026 saw a 0.4% increase in comparable store sales in January, marking the first increase since 2022, despite challenges from severe winter weather in February [19][38] Company Strategy and Development Direction - The company plans to open 20 new warehouse format stores in 2026, focusing on Tier 1 and Tier 2 markets to enhance first-year productivity [15][16] - Initiatives to deepen customer loyalty and enhance PRO market share are prioritized, including a relaunch of the PRO loyalty program in early 2027 [10][11] - The company is investing in supply chain improvements to enhance efficiency and reduce lead times [12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating macroeconomic challenges, including housing affordability and economic uncertainty, while remaining optimistic about lower mortgage rates [37][38] - The company anticipates continued pressure on comparable store sales in Q1 due to weather disruptions but expects recovery as conditions normalize [19][38] Other Important Information - The company is transitioning to a consolidated SG&A reporting format to align with industry peers [29] - Capital expenditures for fiscal 2026 are planned between $250 million and $300 million, with a focus on new store openings and existing store investments [40][41] Q&A Session Summary Question: Areas of opportunity for operational improvement - Management highlighted the focus on improving new store performance and enhancing the digital experience as key opportunities [45][46] Question: Guidance on comparable store sales and market performance - Management indicated that Q1 comps are expected to be slightly negative due to prior year comparisons and weather impacts, with expectations for sequential improvement throughout the year [51][52] Question: Impact of pricing strategy on PRO business - Management acknowledged the importance of the PRO customer and indicated plans to evaluate pricing strategies to enhance competitiveness [56][60] Question: Market share gains and performance relative to the flooring market - Management believes they have gained market share but acknowledged that same-store sales performance has not accelerated as expected [73][75]

Financial Data and Key Metrics Changes - The company reported diluted earnings per share of $0.36 for Q4 2025, aligning with guidance, and $1.92 for the full year, slightly up from $1.90 in the prior year [5][6] - Q4 sales increased by 2% to $1.13 billion, while comparable store sales declined by 4.8%. For the full year, sales grew by 5.1% to $4.684 billion, with comparable store sales down by 1.8% [7][17] - Gross margin for Q4 was 43.5%, flat year-over-year, while for the full year, it improved to 43.6% from 43.3% [27][28] Business Line Data and Key Metrics Changes - Sales to pro customers grew slightly year-over-year and by 9% for the full year, representing about 50% of total sales [21] - Connected customer sales rose approximately 2% year-over-year, accounting for about 18.5% of total sales [20] - The company opened 20 new stores in 2025, with plans for another 20 in 2026, ending the year with 270 stores, an 8% increase from the previous year [14][16] Market Data and Key Metrics Changes - The West region outperformed the company average for both the quarter and the year, indicating relative strength in that market [18] - Early fiscal 2026 saw a 0.4% increase in comparable store sales in January, marking the first increase since 2022, despite a decline in existing home sales [19][38] - The company faced challenges in February due to severe winter storms impacting operations across many stores [19] Company Strategy and Development Direction - The company aims to enhance its Pro market share by improving supply house capabilities and relaunching a Pro loyalty program in early 2027 [10][11] - Investments are being made to deepen customer loyalty and improve supply chain productivity, with a focus on reducing distribution center lead times [12][13] - The long-term goal includes operating 500 warehouse format stores across the U.S., with a strategic mix of store sizes and market types [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating macroeconomic challenges, including housing affordability and economic uncertainty, while remaining focused on disciplined execution [37][38] - The company anticipates that the U.S. housing and hard surface flooring markets will continue to be influenced by macroeconomic forces, with visibility expected to improve as conditions normalize [37][38] - The guidance for fiscal 2026 includes expected sales growth of 4%-7% and a diluted EPS estimate of $1.98-$2.18 [39] Other Important Information - The company is transitioning to a consolidated SG&A line for better comparability with industry peers, reflecting the evolving nature of the business [29] - Capital expenditures for fiscal 2026 are planned to be in the range of $250 million-$300 million, with a focus on new store openings and existing store investments [40][41] Q&A Session Summary Question: What are the biggest areas of opportunity for operational improvement? - Management highlighted the focus on improving new store performance and enhancing the digital experience as key opportunities for growth [45][47] Question: What is the expected cadence of comparable store sales for the year? - Management indicated that they expect second-half comps to be better than the first half, with Q3 anticipated to be the high mark for the year [51][55] Question: How has the EDLP strategy impacted the Pro business? - Management acknowledged the importance of the Pro customer and indicated that they are considering adjustments to pricing strategies to better incentivize Pro customers [56][60] Question: Why have market share gains not accelerated despite a downturn? - Management believes they have taken market share but acknowledged the need for further initiatives to enhance loyalty and customer relationships to accelerate gains [73][75]