Earnings ·
Reports Q3 diluted EPS of $0.61 and announces Thomas Taylor transitions to non-executive Chair
FNDFloor & Decor Holdings, Inc.
Floor & Decor Holdings reported third-quarter fiscal 2026 net sales of $1,214.6 million, a 3.0% increase year-over-year, with diluted earnings per share rising 15.1% to $0.61. Comparable store sales declined 1.4%, while operating income grew 8.3% to $78.0 million and adjusted EBITDA increased 7.4% to $149.1 million. The company returned $91.4 million to shareholders through share repurchases during the quarter and opened one new warehouse store, bringing its total count to 282. Concurrently, the Board approved a leadership transition effective January 1, 2027, moving Thomas Taylor from Executive Chair to non-executive Chair, while appointing Lauren Taylor Wolfe as an independent director and noting Lead Director Norman Axelrod's retirement at the next annual meeting. Floor & Decor is a specialty retailer of hard surface flooring and related accessories operating warehouse stores across the United States.