Floor & Decor Holdings, Inc. reported second-quarter 2026 results with modest revenue growth and stronger profitability versus the prior-year quarter, driven by new store openings, a higher pro customer mix and margin improvement from tariff refunds and pricing actions.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$1.25B$1.21B3% | Net income²$95.87M$63.18M51.7% | Diluted EPS³$0.89$0.5853.4% |
¹ Reported as “Net sales”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue growth was driven mainly by new store openings; the company has opened 24 new warehouse-format stores since the prior year, bringing the total to 281 stores and 5 studios.
- Pro sales mix increased to about 55% from roughly 50%, reflecting a shift toward professional customers versus homeowners.
- Gross margin improved materially due to one-time IEEPA tariff refunds and pricing actions.
- Operational investments continue: 2026 capital expenditures are planned at $240–$275M to support roughly 20 new stores, remodels, distribution centers and IT/e‑commerce upgrades.
Original SEC Filing:
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