Floor & Decor Holdings, Inc. held its fiscal 2026 first quarter earnings conference call, where executives shared key financial results and future outlook.
Key Financial Results
Net sales reached $1,152.3 million, reflecting a 0.7% decrease from $1,160.7 million in the first quarter of fiscal 2025. Comparable store sales declined 3.7%. Diluted earnings per share stood at $0.37. The company opened six new warehouse stores during the quarter.2833
Strategic Updates and Guidance
Executives highlighted ongoing investments in Pro loyalty programs and store expansion. The company outlined a sales growth target of 4% to 7% for fiscal 2026. Floor & Decor also authorized a $400 million share repurchase program.029
Conference Call Details
Wayne Hood, Senior Vice President of Investor Relations, hosted the call, joined by Brad Paulsen, President and CEO, and Bryan Langley, Executive Vice President and CFO. Questions came from analysts including Seth Sigman of Barclays, Simeon Gutman of Morgan Stanley, Steven Zaccone of Citigroup, and others from UBS, Wells Fargo, Mizuho, Gordon Haskett, Piper Sandler, Goldman Sachs, Jefferies, William Blair, Evercore ISI, and Robert W. Baird.
Executives noted that forward-looking statements are subject to risks and uncertainties as per the Private Securities Litigation Reform Act of 1995.
