Floor & Decor Holdings, Inc. (FND) Earnings History

Floor & Decor Holdings, Inc. - Q4 FY2025 EarningsMet

Filed at: Feb 19, 2026, 4:13 PM EST|Read from source

EXECUTIVE SUMMARY

Floor & Decor reported mixed results for Q4 FY2025, with modest revenue growth offset by declining comparable store sales and operating income. Despite these pressures, the company expanded its market share and increased gross margin, demonstrating resilience and strategic execution.

POSITIVE HIGHLIGHTS

  • •

    Net sales increased 2.0% to $1,129.7 million in Q4 FY2025 compared to the prior year.

    positive
  • •

    Full-year net sales increased 5.1% to $4,684.1 million.

    positive
  • •

    Full-year operating income increased 5.4% to $270.1 million.

    positive
  • •

    Full-year diluted EPS increased 1.1% to $1.92.

    positive
  • •

    Opened 20 new warehouse stores in fiscal 2025, expanding market presence.

    neutral
  • •

    Gross profit increased 6.0% for the full year, outpacing net sales growth.

    positive

CONCERNS & RISKS

  • •

    Comparable store sales decreased 4.8% in Q4 FY2025, indicating softness in existing home sales activity.

    negative
  • •

    Operating income decreased 12.3% to $51.9 million in Q4 FY2025.

    negative
  • •

    Operating margin decreased 80 basis points to 4.6% in Q4 FY2025.

    negative
  • •

    Net income decreased 17.2% to $39.3 million in Q4 FY2025.

    negative
  • •

    Diluted EPS decreased 18.2% to $0.36 in Q4 FY2025.

    negative
  • •

    Full-year comparable store sales decreased 1.8%.

    negative

FINANCIAL METRICS

Revenue
Quarterly
$1.13B
+2.0%
Prior year: $1.11B
Annual (YTD)
$4.68B
N/A
Prior year: $4.46B
Net Income
Quarterly
$39.33M
-17.2%
Prior year: $47.48M
Annual (YTD)
$208.65M
N/A
Prior year: $205.87M
EPS (Diluted)
Quarterly
$0.36
-18.2%
Prior year: $0.44
Annual (YTD)
$1.92
N/A
Prior year: $1.90
Operating Income
Quarterly
$51.93B
N/A
EPS (Basic)
Quarterly
N/A
N/A

MARGIN ANALYSIS

Gross Margin
Current Quarter
43.5%
Prior Year
43.5%
YoY Change
0 bps
Operating Margin
Current Quarter
4.6%
Prior Year
5.4%
YoY Change
-80 bps
Net Margin
Current Quarter
3.5%
Prior Year
4.3%
YoY Change
-80 bps

Margin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.

MANAGEMENT GUIDANCE

FY2026

Net sales
$4880000.0B—$5030000.0B
Mid-point: $4955000.0B
"Approximately $4,880 million to $5,030 million. The 53rd week is expected to contribute approximately $65 million."
Comparable store sales
$-2.0M—$1.0M
Mid-point: $-0.5M
"Approximately (2.0)% to 1.0%."
Diluted EPS
$1.98—$2.18
Mid-point: $2.08
"Approximately $1.98 to $2.18. The 53rd week is expected to contribute approximately $0.08."
Adjusted EBITDA
560,000,000—590,000,000
Mid-point: 575,000,000
"Approximately $560 million to $590 million. The 53rd week is expected to contribute approximately $11 million."

Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.

SPECIAL ITEMS & ADJUSTMENTS

Q4 FY2025
Litigation settlement recovery
No litigation settlement recovery in Q4 FY2025, compared to a recovery in Q4 FY2024.
+$0M
FY2025
Litigation settlement recovery
No litigation settlement recovery in FY2025, compared to a recovery in FY2024.
+$0M
FY2025
Change in fair value of contingent earn-out liabilities
This is a non-cash adjustment.
$0.375M
Total Impact
$0.375M

Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.

MANAGEMENT COMMENTARY

Pleased to deliver fiscal 2025 fourth quarter diluted earnings per share of $0.36, in line with the midpoint of the earnings guidance.

— Floor & Decor Holdings, Inc., Q4 FY2025 2025 Earnings Call

For the full fiscal year, diluted earnings per share was $1.92, compared with $1.90 in the prior year.

— Floor & Decor Holdings, Inc., Q4 FY2025 2025 Earnings Call

Despite pressure on comparable store sales driven by softness in existing home sales activity, we expanded our market share, navigated tariff complexities, increased our gross margin rate, opened 20 new warehouse stores, and delivered year-over-year earnings growth.

— Floor & Decor Holdings, Inc., Q4 FY2025 2025 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

Stores
270
stores

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.