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EarningsQ2 2026 Earnings Report
FND Q2 2026 EPS Results
Actual EPS$0.58
Consensus EPS$0.56
Beat/MissBeat by +$0.02
One Year Ago EPS$0.58
FND Q2 2026 Revenue Results
Actual Revenue$1.25B
Expected Revenue$1.23B
Beat/MissBeat by +$18.30M
YoY Revenue Growth+2.97%
Earnings Announcement Details
QuarterQ2 2026
Date07/30/2026
TimeAfter Close
Conference CallThursday, July 30, 2026
FND Upcoming Earnings
Floor & Decor Holdings's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
FND Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call conveyed cautious optimism. Management delivered stable adjusted EPS, healthy cash generation, a meaningful share repurchase, expanding store and digital initiatives, and an upgraded EPS outlook while noting sequential improvement in comps. However, comparables remain negative, laminate/vinyl faces ongoing category weakness, SG&A deleverage (largely one-time) and macro headwinds in the housing market present risks. The one-time tariff refunds provided meaningful near-term flexibility but also complicate the underlying performance picture.Company Guidance
Maintained Adjusted EPS and GAAP EPS Benefit
Adjusted diluted EPS of $0.58, unchanged year-over-year; GAAP diluted EPS of $0.89 included a $32.9 million net after-tax benefit (approximately $0.31 per share) related to IEEPA tariff refunds and statutory interest.
Revenue Growth and Pro Outperformance
Total sales increased 3.0% to $1,250.3 million (from $1,214.2 million prior year). Sales to pros grew approximately 4% year-over-year and accounted for ~55% of sales, supporting outperformance versus the company comp.
Sequential Improvement in Comparable Store Sales
Comparable store sales declined 2.1% in Q2 (improved from a 3.7% decline in Q1) with monthly cadence of April -5.1%, May -1.3%, and June -0.3%; third-quarter-to-date comps were -2.2% with late-July/early-August improvement noted.
Strong Free Cash Flow, Liquidity and Share Repurchases
Generated $278.4 million cash from operating activities in the 26 weeks (vs. $155.3 million prior year). Ended Q2 with $942.4 million unrestricted liquidity (cash $320.6M + $621.8M ABL capacity). Repurchased $65.7 million of common stock in the quarter (1.3M shares) and have $334.3 million remaining under a $400M authorization.
Gross Profit and Margin Resilience (Excluding One-Time Tariff Benefit)
Gross profit increased $70.4 million (13.2%), driven primarily by a $56 million one-time IEEPA tariff refund benefit. Excluding the one-time benefit, adjusted gross profit increased $14.3 million (2.7%) and adjusted gross margin was 43.7% (down 20 bps year-over-year).
Operational Expansion and Store Growth
Opened 11 new warehouse-format stores in H1 2026 (5 in Q2); ~55% of planned 2026 locations now open vs. 35% prior year. 2026 new stores are averaging ~55,000 sq ft enabling entry to higher-density markets.
Digital and Omnichannel Progress
Online sales penetration increased to 20.3% of total sales (from 18.6% prior year and +110 bps vs Q1). Company launched an 18–24 month digital transformation and plans a new Pro app next year to better serve pro customers.
Product and Commercial Momentum
Launched NatureMatch private-label collection (~100 SKUs across tile, LVP and waterproof laminate). Spartan Surfaces sales improved 2% year-over-year with June being one of the strongest months for written sales. Regional Account Managers expanded to 80 to drive commercial growth.
FND Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed