| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 57 | 22.0x | 17.8x | Around median | |
Growth | 54 | 2.4% | 7.1% | Around median | |
Quality | 55 | 5.3% | 4.5% | Around median | |
Safety | 70 | 3.1x | 2.6x | Top tier | |
Capital Return | 34 | — | 2.12% | Bottom tier | |
Momentum | 12 | -24.0% | 2.9% | Bottom tier | |
Sentiment | 85 | 15 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Floor & Decor Holdings (FND) sells hard-surface flooring and installation materials through warehouse-format stores and digital channels, serving two core customer groups: professionals and homeowners. Its assortment includes tile, wood, vinyl, laminate, and installation materials, with tile representing its largest category, while Spartan Surfaces adds exposure to commercial projects. In Q2 fiscal 2026, professional sales accounted for approximately 55% of total sales, and online sales contributed 20.3%, illustrating the revenue model’s reliance on stores alongside the growing role of the digital channel.
In Q2 fiscal 2026, sales increased 3% to $1.2503 billion, despite a 2.1% decline in comparable-store sales due to continued weakness in large discretionary flooring projects. Gross profit according to EDGAR filings was approximately $603.1 million, equivalent to a gross margin of about 48.2%, but this figure benefited from an IEEPA tariff refund; excluding this impact, adjusted gross margin was 43.7%, down 20 basis points year over year. Net income reached $95.9 million and GAAP diluted earnings per share were $0.89, while adjusted diluted earnings per share were unchanged year over year at $0.58, and adjusted EBITDA margin was 12.2% versus 12.4% in the comparable period.
The sales mix showed clear divergence: professional sales grew by approximately 4%, and installation materials, tile, and wood outperformed the company, while vinyl remained under pressure from slowing demand and industry oversupply. Comparable-store sales improved progressively from a decline of 5.1% in April 2026 to 1.3% in May and 0.3% in June, while the decline in comparable transactions narrowed to 2.9% and the average ticket increased 0.8%. Spartan Surfaces sales rose 2% year over year as backlog converted into revenue, but the business remained exposed to variability in commercial project markets, particularly multifamily housing.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus is “Neutral,” with an average price target of $60.83 within a wide range of $41 to $75; the average is approximately 34% below the 52-week range high of $92.405, while the low end is slightly below the range low of $42.64. This dispersion reflects the market’s balancing of improving comparable sales, growth in the professional business, and cash flow on one side against weak flooring projects and pressure on vinyl and margins on the other; the available data do not provide a valid earnings multiple to use as an additional valuation anchor.
Figures in the text are as of 2026-08-30; the live price is shown at the top of the page.
Floor & Decor sales increased 3% to $1.2503 billion, but comparable-store sales declined 2.1% due to weakness in large discretionary flooring projects. Professional sales grew approximately 4% and represented nearly 55% of the total, while installation materials, tile, and wood outperformed the company average. The monthly comparable-sales decline improved from 5.1% in April 2026 to 0.3% in June, indicating sequential improvement during the quarter without overall performance turning to positive comparable growth.
GAAP diluted earnings per share were $0.89 in Q2 fiscal 2026, but they included a net after-tax benefit of $32.9 million related to an IEEPA tariff refund and a debt extinguishment loss. Together, these items contributed $0.31 to earnings per share, resulting in adjusted diluted earnings per share of $0.58, unchanged year over year. Gross profit also included a one-time benefit of $56 million related to inventory previously sold, making the adjusted metrics more representative of the period’s underlying performance.
The company launched NatureMatch in June 2026 with approximately 100 stock-keeping units, including porcelain tile, luxury vinyl plank, and waterproof laminate. The collection aims to combine designs that replicate natural wood and stone with a more accessible price point while creating cross-selling opportunities across categories. At the same time, online penetration increased to 20.3% of sales, and the company is executing an 18-to-24-month digital transformation and targeting the launch of a professional app in 2027.
Vinyl and laminate are Floor & Decor’s second-largest category, and vinyl is the only category management said is facing clear downward pressure. This reflects slowing demand and oversupply, with some products previously classified in the mid-quality tier now priced as though they were in the entry tier. The company responded with selective pricing, opportunistic purchases, and an assortment reset, but management expects the pressure to extend through at least the first half of 2027.
Management expects sales of between $4.770 billion and $4.990 billion, annual growth of between 1.8% and 6.5%, and comparable-store sales ranging from flat to down 4%. Adjusted EBITDA is expected to range between $550 million and $585 million, and adjusted diluted earnings per share between $1.88 and $2.13. Fiscal 2026 includes a fifty-third week expected to add approximately $65 million to sales, $11 million to adjusted EBITDA, and $0.08 to adjusted diluted earnings per share.
The company ended Q2 fiscal 2026 with unrestricted liquidity of $942.4 million, including $320.6 million in cash and $621.8 million of available capacity under an asset-based credit facility. Operating cash flow during the 26 weeks was $278.4 million versus $155.3 million in the comparable period, with inventory increasing only 0.7% from December 25, 2025. The company repurchased 1.3 million shares for $65.7 million, with $334.3 million remaining under the authorization, while fiscal 2026 capital expenditure guidance ranged between $240 million and $275 million.
