Floor and Decor Holdings Inc (FND)

Floor & Decor Holdings, Inc. Announces First Quarter Fiscal 2026 Financial ResultsApril 30, 2026 4:05 PM
Business Wire
Net sales of $1,152.3 million decreased 0.7% from the first quarter of fiscal 2025


Comparable store sales decreased 3.7%


Diluted EPS of $0.37


Opened six new warehouse stores


Announces $400 million share repurchase program


Floor & Decor Holdings, Inc. (NYSE: FND) (“We,” “Our,” the “Company,” or “Floor & Decor”) announces its financial results for the first quarter of fiscal 2026, which ended March 26, 2026.


Brad Paulsen, Chief Executive Officer, stated, “We are proud of how our teams executed our strategy in a challenging demand environment for big-ticket discretionary purchases, against a backdrop of elevated 30-year mortgage rates and heightened geopolitical tensions in the Middle East that contributed to higher gas prices and a decline in consumer sentiment. These dynamics resulted in our fiscal 2026 first-quarter earnings being weaker than we anticipated. We delivered diluted earnings per share of $0.37, compared to $0.45 in the same period last year.”


Paulsen added, “Consistent with our disciplined capital-allocation framework, we announced today that our Board of Directors has authorized a share repurchase program for up to $400 million of outstanding common stock. This action reflects the continued long-term strength of our operating model and cash flows. We believe today’s uncertain economic environment has created a disconnect between our long-term intrinsic value and our share price. We remain focused on opening new warehouse stores, reinvesting in our existing footprint, and investing in our commercial flooring platforms and other new growth initiatives. As we execute against these priorities, our strong cash generation enables us to also return excess capital to shareholders through disciplined share repurchases. In fiscal 2026, we intend to open 20 new warehouse stores toward our long-term opportunity of operating 500 warehouse stores in the United States.”


Please see “Comparable Store Sales” below for information on how the Company calculates period-over-period changes in comparable store sales.


For the Thirteen Weeks Ended March 26, 2026



Net sales of $1,152.3 million decreased 0.7% from $1,160.7 million in the first quarter of fiscal 2025.



Comparable store sales decreased 3.7%.



We opened six new warehouse stores, ending the quarter with 276 warehouse stores, five design studios, and five distribution centers.



Operating income of $52.4 million decreased 18.4% from $64.2 million in the first quarter of fiscal 2025. Operating margin of 4.5% decreased 100 basis points from the first quarter of fiscal 2025.



Net income of $39.7 million decreased 18.8% from $48.9 million in the first quarter of fiscal 2025. Diluted earnings per share (“EPS”) of $0.37 decreased 17.8% from $0.45 in the first quarter of fiscal 2025.



Adjusted EBITDA* of $121.5 million decreased 6.4% from $129.8 million in the first quarter of fiscal 2025.



*Non-GAAP financial measure. Please see “Non-GAAP Financial Measures” and “Reconciliation of GAAP to Non-GAAP Financial Measures” below for more information.


Updated Outlook for the Fiscal Year Ending December 31, 2026:


The Company will report 53 weeks of operating results in fiscal 2026 and provides the following guidance for fiscal 2026:



Net sales of approximately $4,770 million to $4,990 million


The 53rd week is expected to contribute approximately $65 million to net sales






Comparable store sales of approximately (4.0)% to flat



Diluted EPS of approximately $1.83 to $2.08


The 53rd week is expected to contribute approximately $0.08 to diluted EPS






Adjusted EBITDA* of approximately $545 million to $580 million


The 53rd week is expected to contribute approximately $11 million to Adjusted EBITDA*






Depreciation and amortization expense of approximately $250 million



Interest expense, net of approximately $4 million



Tax rate of approximately 22.5% to 23.0%



Diluted weighted average shares outstanding of approximately 109 million shares



Open 20 new warehouse stores



Capital expenditures of approximately $250 million to $300 million



*Non-GAAP financial measure. Please see “Non-GAAP Financial Measures” and “Reconciliation of GAAP to Non-GAAP Financial Measures” below for more information.


Conference Call Details


A conference call to discuss the first quarter fiscal 2026 financial results is scheduled for today, April 30, 2026, at 5:00 p.m. Eastern Time. A live audio webcast of the conference call, together with related materials, will be available online at ir.flooranddecor.com.


A recorded replay of the conference call will be available approximately three hours after the conclusion of the call and can be accessed both online at ir.flooranddecor.com and by dialing 844-512-2921 (international callers please dial 412-317-6671). The pin number to access the telephone replay is 13759837. The replay will be available until May 7, 2026.


About Floor & Decor Holdings, Inc.


Floor & Decor is a multi-channel specialty retailer of hard surface flooring and related accessories and seller of commercial surfaces. As of March 26, 2026, the Company operated 276 warehouse-format stores and five design studios across 39 states. The Company offers a broad in-stock assortment of laminate and vinyl, tile, wood, and natural stone flooring and installation materials and decorative accessories, as well as adjacent categories, at everyday low prices. The Company was founded in 2000 and is headquartered in Atlanta, Georgia.


Comparable Store Sales


Comparable store sales refer to period-over-period comparisons of our net sales at the time of sale among the comparable store base. A store is included in the comparable store sales calculation on the first day of the thirteenth full fiscal month following a store’s opening, which is when we believe comparability has been achieved. Changes in our comparable store sales between two periods are based on net sales at the time of sale for stores that were in operation during both of the two periods. Any change in the square footage of an existing comparable store, including for remodels and relocations within the same primary trade area of the existing store being relocated, does not eliminate that store from inclusion in the calculation of comparable store sales. Stores that are closed for a full fiscal month or longer are excluded from the comparable store sales calculation for each full fiscal month that they are closed. Since our e-commerce, regional account manager, and design studio sales are fulfilled by individual stores, they are included in comparable store sales only to the extent the fulfilling store meets the above mentioned store criteria. Sales through our Spartan Surfaces, LLC (“Spartan”) subsidiary do not involve our stores and are therefore excluded from the comparable store sales calculation. When a fiscal year includes a 53rd week, we exclude the 53rd week of sales from our calculation.


Non-GAAP Financial Measures


EBITDA and Adjusted EBITDA (which are shown in the reconciliation below) are supplemental measures of financial performance that are not required by or presented in accordance with accounting principles generally accepted in the United States (“GAAP”). We define EBITDA as net income before interest, taxes, and depreciation and amortization. We define Adjusted EBITDA as net income before interest, taxes, and depreciation and amortization adjusted to eliminate the impact of non-cash stock-based compensation expense and certain items that we do not consider indicative of our core operating performance. See below for a reconciliation of EBITDA and Adjusted EBITDA to net income, the most directly comparable financial measure calculated and presented in accordance with GAAP.


EBITDA and Adjusted EBITDA are key metrics used by management and our Board of Directors to assess our financial performance and enterprise value. We believe that EBITDA and Adjusted EBITDA are useful measures, as they eliminate certain items that are not indicative of our core operating performance and facilitate comparisons on a consistent basis from period to period. We also use Adjusted EBITDA as a basis to determine covenant compliance with respect to our ABL Facility and Term Loan Facility (together, the “Credit Facilities”), to supplement GAAP measures of performance to evaluate the effectiveness of our business strategies, to make budgeting decisions, and to compare our performance against that of other peer companies using similar measures. EBITDA and Adjusted EBITDA are also frequently used by analysts, investors, and other interested parties as performance measures to evaluate companies in our industry.


EBITDA and Adjusted EBITDA are non-GAAP measures of our financial performance and should not be considered as alternatives to net income as a measure of financial performance or any other performance measure derived in accordance with GAAP, and they should not be construed as an inference that our future results will be unaffected by unusual or non-recurring items. Additionally, EBITDA and Adjusted EBITDA are not intended to be measures of liquidity or free cash flow for management’s discretionary use. In addition, these non-GAAP measures exclude certain non-recurring and other charges. Each of these non-GAAP measures has its limitations as an analytical tool, and you should not consider them in isolation or as a substitute for analysis of our results as reported under GAAP. In evaluating EBITDA and Adjusted EBITDA, you should be aware that in the future we may incur expenses that are the same as or similar to some of the items eliminated in the adjustments made to determine EBITDA and Adjusted EBITDA, such as stock-based compensation expense, fair value adjustments related to contingent earn-out liabilities, and other adjustments. Definitions and calculations of EBITDA and Adjusted EBITDA differ among companies in the retail industry, and therefore EBITDA and Adjusted EBITDA disclosed by us may not be comparable to the metrics disclosed by other companies.


Please see “Reconciliation of GAAP to Non-GAAP Financial Measures” below for reconciliations of non-GAAP financial measures used in this release to their most directly comparable GAAP financial measures. The Company does not provide a reconciliation of forward-looking measures where it believes such a reconciliation would imply a degree of precision and certainty that could be confusing to investors and the Company is unable to reasonably predict certain items contained in these measures without unreasonable efforts. This is due to the inherent difficulty of forecasting the timing or amount of various items that have not yet occurred and are out of the Company’s control or cannot be reasonably predicted. For the same reasons, the Company is unable to address the probable significance of the unavailable information. Forward-looking non-GAAP financial measures provided without the most directly comparable GAAP financial measures may vary materially from the corresponding GAAP financial measures.



 



Floor & Decor Holdings, Inc.




Condensed Consolidated Statements of Income




(In thousands, except for per share data)




(Unaudited)








 








 






Thirteen Weeks Ended






 






 








 






March 26, 2026






 






March 27, 2025






 






% Increase

(Decrease)








 






Amount






 






% of Net Sales






 






Amount






 






% of Net Sales






 








Net sales






$






1,152,278






 






100.0






%






 






$






1,160,740






 






100.0






%






 






(0.7






)%








Cost of sales






 






644,827






 






56.0






 






 






 






652,572






 






56.2






 






 






(1.2






)%








Gross profit






 






507,451






 






44.0






 






 






 






508,168






 






43.8






 






 






(0.1






)%








Selling, general and administrative expenses






 






455,055






 






39.5






 






 






 






443,939






 






38.3






 






 






2.5






%








Operating income






 






52,396






 






4.5






 






 






 






64,229






 






5.5






 






 






(18.4






)%








Interest expense, net






 






1,133






 






0.1






 






 






 






1,548






 






0.1






 






 






(26.8






)%








Income before income taxes






 






51,263






 






4.4






 






 






 






62,681






 






5.4






 






 






(18.2






)%








Income tax expense






 






11,554






 






1.0






 






 






 






13,803






 






1.2






 






 






(16.3






)%








Net income






$






39,709






 






3.4






%






 






$






48,878






 






4.2






%






 






(18.8






)%








Basic weighted average shares outstanding






 






107,932






 






 






 






 






107,455






 






 






 






 








Diluted weighted average shares outstanding






 






108,512






 






 






 






 






108,442






 






 






 






 








Basic earnings per share






$






0.37






 






 






 






$






0.45






 






 






 






(17.8






)%








Diluted earnings per share






$






0.37






 






 






 






$






0.45






 






 






 






(17.8






)%












Floor & Decor Holdings, Inc.




Condensed Consolidated Balance Sheets




(In thousands, except for share and per share data)




(Unaudited)








 








 






March 26, 2026






 






December 25, 2025








Assets






 






 






 








Current assets:






 






 






 








Cash and cash equivalents






$






293,632






 






$






249,296








Income taxes receivable






 






8,279






 






 






7,270








Receivables, net






 






104,329






 






 






94,068








Inventories, net






 






1,149,021






 






 






1,133,083








Prepaid expenses and other current assets






 






49,727






 






 






44,214








Total current assets






 






1,604,988






 






 






1,527,931








Fixed assets, net






 






1,867,108






 






 






1,856,127








Right-of-use assets






 






1,630,963






 






 






1,617,772








Intangible assets, net






 






145,636






 






 






146,536








Goodwill






 






257,940






 






 






257,940








Deferred income tax assets, net






 






20,709






 






 






19,298








Other assets






 






48,959






 






 






43,754








Total long-term assets






 






3,971,315






 






 






3,941,427








Total assets






$






5,576,303






 






$






5,469,358








Liabilities and stockholders’ equity






?






 






 








Current liabilities:






?






 






 








Current portion of term loan






$






196,115






 






$






2,629








Current portion of lease liabilities






 






160,523






 






 






155,661








Trade accounts payable






 






735,394






 






 






683,675








Accrued expenses and other current liabilities






 






284,434






 






 






298,740








Deferred revenue






 






18,627






 






 






10,685








Total current liabilities






 






1,395,093






 






 






1,151,390








Term loan






 






—






 






 






193,589








Lease liabilities






 






1,649,971






 






 






1,639,598








Deferred income tax liabilities, net






 






47,271






 






 






49,479








Other liabilities






 






27,231






 






 






26,466








Total long-term liabilities






 






1,724,473






 






 






1,909,132








Total liabilities






 






3,119,566






 






 






3,060,522








Stockholders’ equity






?






 






 








Preferred stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding at March 26, 2026 and December 25, 2025






 






—






 






 






—








Common stock Class A, $0.001 par value; 450,000,000 shares authorized; 108,094,150 shares issued and outstanding at March 26, 2026 and 107,774,329 shares issued and outstanding at December 25, 2025






 






108






 






 






108








Additional paid-in capital






 






585,953






 






 






577,786








Accumulated other comprehensive income, net






 






47






 






 






22








Retained earnings






 






1,870,629






 






 






1,830,920








Total stockholders’ equity






 






2,456,737






 






 






2,408,836








Total liabilities and stockholders’ equity






$






5,576,303






 






$






5,469,358












Floor & Decor Holdings, Inc.




Condensed Consolidated Statements of Cash Flows




(In thousands)




(Unaudited)








 








 






Thirteen Weeks Ended








 






March 26, 2026






 






March 27, 2025








Operating activities






 






 






 








Net income






$






39,709






 






?






$






48,878






 








Adjustments to reconcile net income to net cash provided by operating activities:






 






?






?








Depreciation and amortization






 






61,329






 






?






 






59,965






 








Stock-based compensation expense






 






8,369






 






?






 






6,580






 








Deferred income taxes






 






(3,139






)






?






 






(5,188






)








Changes in operating assets and liabilities:






 






?






?








Receivables, net






 






(10,261






)






?






 






1,067






 








Inventories, net






 






(15,938






)






?






 






(56,719






)








Trade accounts payable






 






46,478






 






?






 






20,668






 








Accrued expenses and other current liabilities






 






(15,430






)






?






 






(20,344






)








Income taxes






 






(178






)






?






 






18,125






 








Deferred revenue






 






7,942






 






?






 






1,433






 








Other, net






 






(9,633






)






?






 






(3,301






)








Net cash provided by operating activities






 






109,248






 






?






 






71,164






 








Investing activities






 






?






 








Purchases of fixed assets






 






(63,434






)






?






 






(66,728






)








Net cash used in investing activities






 






(63,434






)






 






 






(66,728






)








Financing activities






 






?






 








Payments on term loan






 






(526






)






?






 






(526






)








Payments of contingent earn-out liabilities






 






(750






)






 






 






(806






)








Proceeds from exercise of stock options






 






2,534






 






?






 






1,288






 








Proceeds from employee stock purchase plan






 






2,882






 






?






 






3,081






 








Tax payments for stock-based compensation awards






 






(5,618






)






 






 






(8,212






)








Net cash used in financing activities






 






(1,478






)






?






 






(5,175






)








Net increase (decrease) in cash and cash equivalents






 






44,336






 






?






 






(739






)








Cash and cash equivalents, beginning of the period






 






249,296






 






?






 






187,669






 








Cash and cash equivalents, end of the period






$






293,632






 






?






$






186,930






 








Supplemental disclosures of cash flow information






?






?






 








Buildings and equipment acquired under operating leases






$






53,520






 






?






$






303,474






 








Cash paid for interest, net of capitalized interest






$






2,647






 






?






$






2,595






 








Cash paid for income taxes, net of refunds






$






15,344






 






 






$






773






 








Fixed assets accrued at the end of the period






$






54,149






 






?






$






65,635






 












Floor & Decor Holdings, Inc.




Reconciliation of GAAP to Non-GAAP Financial Measures




(In thousands)




(Unaudited)








 








EBITDA and Adjusted EBITDA








 








 






Thirteen Weeks Ended








 






March 26, 2026






 






March 27, 2025








Net income (GAAP):






$






39,709






 






$






48,878






 








Depreciation and amortization (1)






 






60,728






 






 






59,387






 








Interest expense, net






 






1,133






 






 






1,548






 








Income tax expense






 






11,554






 






 






13,803






 








EBITDA






 






113,124






 






 






123,616






 








Stock-based compensation expense (2)






 






8,369






 






 






6,580






 








Other (3)






 






—






 






 






(375






)








Adjusted EBITDA






$






121,493






 






$






129,821






 









(1)







Excludes amortization of deferred financing costs, which is included as part of interest expense, net.








(2)






 






Represents non-cash charges related to stock-based compensation programs, which vary from period to period depending on the timing of awards and forfeitures.








(3)







Other adjustments include amounts management does not consider indicative of our core operating performance. The amount for the thirteen weeks ended March 27, 2025 relates to the change in the fair value of the contingent earn-out liability.







Forward-Looking Statements


This release and the associated webcast/conference call contain forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact contained in this release and the associated webcast/conference call, including statements regarding the Company’s future operating results and financial position, business strategy and plans, and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “seeks,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “budget,” “potential,” or “continue” or the negative of these terms or other similar expressions.


The forward-looking statements contained in this release and the associated webcast/conference call are based on our current expectations, assumptions, estimates, and projections regarding the Company’s business, the economy, and other future conditions. These statements involve known and unknown risks, uncertainties, and other important factors that may cause the Company’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements.


Although the Company believes that the expectations reflected in the forward-looking statements in this release and the associated webcast/conference call are reasonable, the Company cannot guarantee future events, results, performance or achievements. A number of important factors could cause actual results to differ materially from those indicated by the forward-looking statements in this release or the associated webcast/conference call, including, without limitation, (1) macroeconomic headwinds, including high interest rates and weak home sales, (2) our failure to successfully manage new store growth or higher than expected costs, (3) our ability to manage our comparable store sales, (4) our inability to lease or acquire new store locations on acceptable terms, renew or replace our current store leases, or make payments under our leases, (5) our failure to maintain and enhance our brand image and awareness, (6) our failure to successfully anticipate and manage trends, consumer preferences, and demand, (7) our inability to successfully manage increased competition, (8) adverse changes in global trade policies, tariffs, or import enforcement actions, any of which could impact our ability to import from foreign suppliers, raise our costs, or disrupt our supply chain, (9) our inability to manage our inventory, including the impact of inventory obsolescence, shrink, and damage, (10) any disruption in our distribution capabilities, supply chain, and our related planning and control processes, including carrier capacity constraints, blocked trade lanes, port congestion, strike, or shut down, and other supply chain costs or product shortages, (11) any increases in wholesale prices of products, materials, and transportation costs beyond our control, including increases in costs due to inflation or tariffs, (12) the resignation, incapacitation, or death of any key personnel, including our executive officers, (13) our inability to attract, hire, train, and retain highly qualified managers and staff, (14) the impact of any labor activities, (15) our dependence on foreign imports for the products we sell, including risks associated with obtaining products from abroad, (16) any failure by any of our suppliers to supply us with quality products on attractive terms and prices or to adhere to the quality standards that we set for our products, (17) our inability to locate sufficient suitable natural products, (18) the effects of weather conditions, natural disasters, or other unexpected events, including public health crises, that may disrupt our operations, (19) personal injury, product liability and warranty claims and related governmental investigations, (20) any allegations, investigations, lawsuits, or violations of laws and regulations applicable to us, our products, or our suppliers, (21) our inability to adequately protect the privacy and security of information related to our customers, us, our associates, our suppliers, and other third parties, (22) any material disruption in our information systems, including our website, (23) our inability to maintain sufficient levels of cash flow or liquidity to fund our expanding business and service our existing indebtedness, (24) new or changing laws or regulations, including tax laws and trade policies and regulations, (25) payments-related risks, (26) any failure to protect our intellectual property rights or disputes regarding our intellectual property or the intellectual property of third parties, (27) the impact of any future strategic transactions, (28) restrictions imposed by our indebtedness on our current and future operations, including risks related to our variable rate debt, (29) our implementation, continuation, or suspension of share repurchases, and (30) our ability to manage risks related to corporate social responsibility. Additional information concerning these and other factors are described in “Forward-Looking Statements,” Item 1, “Business,” Item 1A, “Risk Factors,” and Item 1C, “Cybersecurity” of Part I and Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and Item 9A, “Controls and Procedures” of Part II of the Company’s Annual Report on Form 10-K for the fiscal year ended December 25, 2025, filed with the Securities and Exchange Commission (the “SEC”) on February 19, 2026 (the “Annual Report”) and elsewhere in the Annual Report, as well as those described in Item 2, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of the Company’s Quarterly Report on Form 10-Q for the quarterly period ended March 26, 2026 (the “10-Q”) and elsewhere in the 10-Q, and those described in the Company’s other filings with the SEC.


Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely on these forward-looking statements as predictions of future events. The forward-looking statements contained in this release or the associated webcast/conference call speak only as of the date hereof. New risks and uncertainties arise over time, and it is not possible for the Company to predict those events or how they may affect the Company. If a change to the events and circumstances reflected in the Company’s forward-looking statements occurs, the Company’s business, financial condition, and operating results may vary materially from those expressed in the Company’s forward-looking statements. Except as required by applicable law, the Company does not plan to publicly update or revise any forward-looking statements contained herein or in the associated webcast/conference call, whether as a result of any new information, future events, or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260430546432/en/
Investor Contact:

Wayne Hood

Senior Vice President of Investor Relations

678-505-4415

wayne.hood@flooranddecor.com


Original: Floor & Decor Holdings, Inc. Announces First Quarter Fiscal 2026 Financial Results

Floor & Decor Announces New Store in Mount Vernon, NYApril 16, 2026 8:35 AM
Business Wire
—Leading high-growth retailer specializing in hard-surface flooring brings its expansive in-stock selection and warehouse-format shopping experience to Westchester County—


Floor & Decor (NYSE: FND), the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, today announced the grand opening of its newest warehouse store and design center in Mount Vernon, New York, located at 240 East Sandford Blvd.


The Mount Vernon store will open with a team of approximately 50 full-time and part-time associates and will be led by Sarah Chavez, the store’s Chief Executive Merchant.


Floor & Decor operates more than 270 warehouse-format stores and five design studios nationwide and offers a broad assortment of in-stock hard-surface flooring, including tile, wood, laminate, vinyl, and natural stone, along with decorative accessories and wall tile, installation materials, and related categories at everyday low prices.


“Bringing Floor & Decor to Mount Vernon is an exciting milestone for our team,” said Chavez. “For more than 25 years, we’ve focused on making quality, trend-forward hard surface flooring accessible to everyone, and we’re proud to extend that commitment to this community. We look forward to serving our new customers and helping bring their ideas to life.”


7 Days of Deals at the Mount Vernon Floor & Decor

In celebration of the new store opening, starting Thursday, April 23 through Wednesday, April 29, Floor & Decor will host its 7 Days of Deals promotion along with daily events at the Mount Vernon store, featuring giveaways, installation demonstrations from leading industry brands, and the chance to win a $1,000 Floor & Decor gift card each day throughout the promotion. Full details are available at www.flooranddecor.com/mountvernonpro.


The week-long celebration will include daily vendor demonstrations, giveaways, and exclusive promotions, including 10% off when customers buy 10 or more of the same item from participating brands during their featured day, only at the Mount Vernon location.



Thursday, April 23 — Ribbon Cutting Ceremony

Floor & Decor will host a Ribbon Cutting Ceremony on Thursday, April 23 at 10 a.m., in partnership with the Bronxville Chamber of Commerce and the Mount Vernon Chamber of Commerce. A complimentary breakfast food truck will be on site from 7 a.m. to 11 a.m., and free Floor & Decor branded buckets will be given to the first 200 customers.



Friday, April 24 — Laticrete Featured Day

Laticrete will be onsite with installation demonstrations at 8 a.m., 10 a.m., and 1 p.m. Customers can receive 10% off when they buy 10 or more Laticrete products. Free hats will be given to the first 200 customers.



Saturday, April 25 — Super Saturday Event

The celebration continues from 10 a.m. to 1 p.m., featuring local businesses including Project Hot Sauce and Honey Notes. Customers can participate in Floor & Decor’s Crack the Code game for a chance to win up to $100,000. Free items from participating local vendors will be available for the first 200 customers.



Sunday, April 26 — Home Trend Presentation from Top Designers

Floor & Decor’s designers will present the latest home trends. Free samples will be available with a design appointment. A complimentary ice cream cart will be on site from 2 p.m. to 4 p.m.



Monday, April 27 — Mapei Featured Day

Mapei will be onsite with installation demonstrations at 8 a.m., 10 a.m., and 1 p.m. Customers can receive 10% off when they buy 10 or more Mapei products. Free tumblers will be given to the first 200 customers.



Tuesday, April 28 — Schluter Featured Day

Schluter will be onsite with installation demonstrations at 8 a.m., 10 a.m., and 1 p.m. Customers can receive 10% off when they buy 10 or more Schluter products. Free T-shirts will be given to the first 200 customers.



Wednesday, April 29 — wedi Featured Day

wedi will be onsite with installation demonstrations at 8 a.m., 10 a.m., and 1 p.m. Customers can receive 10% off when they buy 10 or more wedi products. Free tote bags will be given to the first 200 customers.



$5,000 Floor Makeover Sweepstakes

Now through May 25, 2026, customers can enter the $5,000 Floor Makeover Sweepstakes for a chance to win a flooring makeover. Entries are available online at www.floormakeovermountvernon.com.


“Supporting our community is a top priority,” said Chavez. “Their success is our success.”


Store Facts & Features



Location: 240 East Sandford Blvd, Mount Vernon, NY 10550



Store Hours: Monday–Friday 7 a.m.–8 p.m.; Saturday 8 a.m.–7 p.m.; Sunday 10 a.m.–6 p.m.



Phone Number: (914) 863-1055



For more information, visit flooranddecor.com or follow Floor & Decor on Instagram at instagram.com/flooranddecor.


About Floor & Decor Holdings, Inc.

Floor & Decor is a multi-channel specialty retailer of hard surface flooring and related accessories and a commercial flooring distributor. At the end of fiscal 2025, the Company operated 270 warehouse-format stores and five design studios across 39 states. The Company offers a broad in-stock assortment of laminate and vinyl, tile, wood, and natural stone flooring, installation materials, decorative accessories, and adjacent categories at everyday low prices. Founded in 2000, Floor & Decor is headquartered in Atlanta, Georgia.


*Must be at least 18 years old to enter the $5,000 Floor Makeover Sweepstakes and Crack the Code.

*Buy 10 of the same item and receive 10% off. Offer valid only on in-store merchandise during the grand opening promotion week from 4/23/26 through 4/29/26, and for the designated brand. Discount applied at checkout. Cannot be combined with other offers.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260416999494/en/
MEDIA CONTACT: Kristen Myers

Agean Public Relations

Kristen.Myers@ageanpr.com

732-947-1366


Original: Floor & Decor Announces New Store in Mount Vernon, NY

Floor & Decor Holdings, Inc. Announces First Quarter Fiscal 2026 Earnings Conference CallApril 10, 2026 4:05 PM
Business Wire
Floor & Decor Holdings, Inc. (NYSE: FND) today announced that its financial results for the first quarter of fiscal 2026 will be released after market close on Thursday, April 30, 2026. The company will host a conference call at 5:00 p.m. Eastern Time to discuss the financial results. A live audio webcast of the conference call, together with related materials, will be available online at ir.flooranddecor.com.


A recorded replay of the conference call will be available approximately three hours after the conclusion of the call and can be accessed both online at ir.flooranddecor.com and by dialing 844-512-2921 (international callers please dial 412-317-6671). The pin number to access the telephone replay is 13759837. The replay will be available until May 7, 2026.


About Floor & Decor Holdings, Inc.


Floor & Decor is a multi-channel specialty retailer of hard surface flooring and related accessories and a commercial flooring distributor. As of December 25, 2025, the Company operated 270 warehouse-format stores and five design studios across 39 states. The Company offers a broad in-stock assortment of laminate and vinyl, tile, wood, and natural stone flooring and installation materials and decorative accessories, as well as adjacent categories, at everyday low prices. The Company was founded in 2000 and is headquartered in Atlanta, Georgia.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260410913607/en/
Investor Contact:
Wayne Hood

Senior Vice President of Investor Relations

678-505-4415

Wayne.hood@flooranddecor.com


Original: Floor & Decor Holdings, Inc. Announces First Quarter Fiscal 2026 Earnings Conference Call

Floor & Decor Announces New Portland Area Store in Clackamas, ORApril 9, 2026 8:35 AM
Business Wire
—Leading high-growth retailer specializing in hard-surface flooring brings its expansive in-stock selection and warehouse-format shopping experience to the Portland metro area—


Floor & Decor (NYSE: FND), the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, today announced the grand opening of its newest warehouse store and design center in the Portland metro area, located in Clackamas, Oregon, at 10174 SE 82nd Ave in Happy Valley, OR.


The Clackamas store will open with a team of approximately 30 full-time and part-time associates and is led by Brianna Martin, the store’s Chief Executive Merchant.


Floor & Decor operates more than 270 warehouse-format stores and five design studios nationwide and offers a broad assortment of in-stock hard-surface flooring, including tile, wood, laminate, vinyl, and natural stone, along with decorative accessories and wall tile, installation materials, and related categories at everyday low prices.


“Bringing Floor & Decor to Clackamas is an exciting milestone for our team,” said Martin. “For more than 25 years, we’ve focused on making quality, trend-forward hard surface flooring accessible to everyone, and we’re proud to extend that commitment to this community. We look forward to serving our new customers and helping bring their ideas to life.”


7 Days of Deals at the Clackamas Floor & Decor


In celebration of the new store opening, starting Thursday, April 16 through Wednesday, April 22, Floor & Decor will host its 7 Days of Deals promotion along with daily events at the Clackamas store, featuring giveaways, installation demonstrations from leading industry brands, and the chance to win a $1,000 Floor & Decor gift card each day throughout the promotion. Full details are available at prograndopening.com/clackamaspro/register.aspx.


The week-long celebration at the Clackamas location will feature daily events, vendor demonstrations, giveaways and Floor & Decor’s “7 Days of Deals,” offering customers 10% off when they buy 10 or more participating products* from Schluter, Laticrete, Mapei and wedi through April 22, only at the Clackamas location.


Thursday, April 16 — Ribbon Cutting Ceremony



Floor & Decor will host a Ribbon Cutting Ceremony on Thursday, April 16 at 10 a.m. PDT, in partnership with the North Clackamas Chamber of Commerce. A complimentary food truck will be on site from 7 a.m. through 11 a.m., and free Floor & Decor branded buckets will be given to the first 200 customers.



Friday, April 17 — Schluter Featured Day



Schluter will be onsite with installation demonstrations and product tours. Free hats will also be available for the first 200 customers on Friday.



Saturday, April 18 — Family-Friendly Super Saturday Event



The celebration continues from 10 a.m. to 1 p.m. PDT, featuring local businesses including succulents from Vanessa’s Floral Shop and a variety of seasoning salts and dip mixes from Crumb and Get It. During Super Saturday, visitors can also participate in Floor & Decor’s Crack the Code game*, where participants will have a chance to win up to $100,000 by correctly entering a five-digit code.



Sunday, April 19 — Home Trend Presentation from Top Designers



Floor & Decor’s top designers will present the latest trends, and free samples will be available with a design appointment. Plus, a complimentary ice cream truck will be available from 2 p.m. to 4 p.m.



Monday, April 20 — Laticrete Featured Day



Laticrete will be onsite with installation demonstrations and product tours. A free tumbler will also be given to the first 200 customers on Monday.



Tuesday, April 21 — Mapei Featured Day



Mapei will be onsite with installation demonstrations and product tours. T-shirts will also be given away to the first 200 customers on Tuesday.



Wednesday, April 22 — wedi Featured Day



wedi will be onsite with installation demonstrations and product tours. A tote bag will also be given to the first 200 customers on Wednesday.



$5,000 Floor Makeover Sweepstakes


Now through June 15, 2026, customers can enter the $5,000 Floor Makeover Sweepstakes for a chance to win a flooring makeover. Entries are available online at floormakeoverclackamas.com.


“Supporting our community is a top priority,” said Martin. “Their success is our success.”


Store Facts & Features



Location: 10174 SE 82nd Ave., Happy Valley, OR 97086



Store Hours: Monday–Friday 7 a.m.–7 p.m.; Saturday 8 a.m.–7 p.m.; Sunday 10 a.m.–6 p.m. PDT



Phone Number: (503) 607-8115



For more information, visit flooranddecor.com or follow Floor & Decor on Instagram at instagram.com/flooranddecor.


About Floor & Decor Holdings, Inc.


Floor & Decor is a multi-channel specialty retailer of hard surface flooring and related accessories and a commercial flooring distributor. At the end of fiscal 2025, the Company operated 270 warehouse-format stores and five design studios across 39 states. The Company offers a broad in-stock assortment of laminate and vinyl, tile, wood, and natural stone flooring, installation materials, decorative accessories, and adjacent categories at everyday low prices. Founded in 2000, Floor & Decor is headquartered in Atlanta, Georgia.


*Must be at least 18 years old to enter the $5,000 Floor Makeover Sweepstakes and Crack the Code.


*Buy 10 of the same item and receive 10% off. Offer valid only on in-store merchandise during the grand opening promotion week from 4/16/26 through 4/22/26, and for the designated brand. Discount applied at checkout. Cannot be combined with other offers.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260409622791/en/
MEDIA CONTACT: Kristen Myers

Agean Public Relations

Kristen.Myers@ageanpr.com

732-947-1366


Original: Floor & Decor Announces New Portland Area Store in Clackamas, OR

Floor & Decor Announces First Central New York Store, in Syracuse, New YorkMarch 26, 2026 4:35 PM
Business Wire
--Leading high-growth retailer specializing in hard-surface flooring brings its expansive in-stock selection and warehouse-format shopping experience to Syracuse—


Floor & Decor (NYSE: FND), the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, today announced the grand opening of its newest warehouse store and design center, and first location in Central New York in Syracuse, at 300 Northern Lights Mall.


The Syracuse store will open with a team of approximately 35 full-time and 15 part-time associates, and is led by Brian Seginak, the store's Chief Executive Merchant.


Floor & Decor operates more than 270 warehouse-format stores and five design studios nationwide and offers a broad assortment of in-stock hard-surface flooring, including tile, wood, laminate, vinyl, and natural stone, along with decorative accessories and wall tile, installation materials, and related categories at everyday low prices.


"Bringing Floor & Decor to Syracuse is an exciting milestone for our team," said Seginak. "For more than 25 years, we've focused on making quality, trend-forward hard surface flooring accessible to everyone, and we're proud to extend that commitment to this community. We look forward to serving our new customers and helping bring their ideas to life."


Introducing 7 Days of Deals at the Syracuse Floor & Decor


In celebration of the new store opening, starting Tuesday, April 7 through Monday, April 13, Floor & Decor will host its first 7 Days of Deals promotion along with daily events at the Syracuse store, featuring giveaways, installation demonstrations from leading industry brands, and the chance to win a $1,000 Floor & Decor gift card each day throughout the duration. Full details are available at www.flooranddecor.com/syracusepro.


The week-long celebration includes the following daily events, only at the Syracuse location:



Tuesday, April 7 — Ribbon Cutting Ceremony:


Floor & Decor will host a Ribbon Cutting Ceremony on Tuesday, April 7 at 10 a.m. EDT, in partnership with the Cicero-Plank Road Chamber of Commerce and the Greater Liverpool Chamber of Commerce. A complimentary breakfast food truck will be onsite from 7 a.m. to 11 a.m., and free Floor & Decor branded buckets will be given to the first 200 customers.






Wednesday, April 8 — Schluter Day: Buy 10, Get 10% All Schluter Products


Schluter will be onsite with installation demonstrations at 8 a.m., 10 a.m., and 1 p.m., and for this day only, buy 10 of any Schluter product, get 10% off* only at the Syracuse location. Plus, free tote bags will be available for the first 200 customers.






Thursday, April 9 — Mapei Day: Buy 10, Get 10% All Mapei Products


Mapei will be onsite with installation demonstrations at 8 a.m., 10 a.m., and 1 p.m. For this day only, buy 10 of any Mapei product, get 10% off*, only at the Syracuse location. T-shirts will be given away to the first 200 customers.






Friday, April 10 — Laticrete Day: Buy 10, Get 10% All Laticrete Products


Laticrete will be onsite with installation demonstrations at 8 a.m., 10 a.m., and 1 p.m. For this day only, buy 10 of any Laticrete product, get 10% off* only at the Syracuse location. Plus, a free hat will be given to the first 200 customers.






Saturday, April 11 — Family Friendly Super Saturday Event


The celebration continues from 10 a.m. to 1 p.m. with the $1 Million Dice Roll, plus complimentary items from local businesses for the first 200 attendees, including soaps and body butters from SeaKissed Blends, candles from Camp Candle Bar, assorted candies and chocolate from Speach Family Candy Shoppe, and coffee and pastries from Cafe Blue.






Sunday, April 12 — Home Trend Presentation from Top Designers


Floor & Decor’s top designers will present the latest trends, and free samples available with a design appointment. Plus, a complimentary ice cream truck will be available from 2 p.m. to 4 p.m.






Monday, April 13 — wedi Day: Buy 10, Get 10% All wedi Products


wedi will be onsite with installation demonstrations at 8 a.m., 10 a.m., and 1 p.m. For this day only at the Syracuse location, buy 10 of any wedi product, get 10% off*, plus a free tumbler will be given to the first 200 customers.






$5,000 Floor Makeover Sweepstakes

Now through June 1, 2026, customers can enter the $5,000 Floor Makeover Sweepstakes for a chance to win a flooring makeover. Entries are available online at www.floormakeoversyracuse.com.


"Supporting our community is a top priority," said Seginak. "Their success is our success."


Store Facts & Features



Location: 300 Northern Lights Mall, Syracuse, NY 13212



Store Hours: Monday–Friday 7 a.m.–8 p.m.; Saturday 8 a.m.–7 p.m.; Sunday 10 a.m.–6 p.m. EDT



Phone Number: (315) 263-3896



For more information, visit www.flooranddecor.com or follow Floor & Decor on Instagram at instagram.com/flooranddecor.


About Floor & Decor Holdings, Inc. Floor & Decor is a multi-channel specialty retailer of hard surface flooring and related accessories and a commercial flooring distributor. At the end of fiscal 2025, the Company operated 270 warehouse-format stores and five design studios across 39 states. The Company offers a broad in-stock assortment of laminate and vinyl, tile, wood, and natural stone flooring, installation materials, decorative accessories, and adjacent categories at everyday low prices. Founded in 2000, Floor & Decor is headquartered in Atlanta, Georgia.


*Must be at least 18 years old to enter the $5,000 Floor Makeover Sweepstakes and $1M Dice Roll.


*Buy 10 of the same item and receive 10% off. Offer valid only on in-store merchandise during the grand opening promotion, on the specified date, and for the designated brand. Discount applied at checkout. Cannot be combined with other offers.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260326783295/en/
MEDIA CONTACT:

Kristen Myers

Agean Public Relations

Kristen.Myers@ageanpr.com

732-947-1366


Original: Floor & Decor Announces First Central New York Store, in Syracuse, New York

Floor & Decor Announces First Pittsburgh-Area Store, in Bethel Park, PennsylvaniaMarch 26, 2026 8:35 AM
Business Wire
—Leading high-growth retailer specializing in hard-surface flooring brings its expansive in-stock selection and warehouse-format shopping experience to the Pittsburgh area—


Floor & Decor (NYSE: FND), the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, today announced the grand opening of its newest warehouse store and design center, and first location in the Pittsburgh area, in Bethel Park, located at 3000 Oxford Drive.


The Bethel Park store will open with a team of approximately 40 full-time and part-time associates, and is led by Travis Wessels, the store's Chief Executive Merchant.


Floor & Decor operates more than 270 warehouse-format stores and five design studios nationwide and offers a broad assortment of in-stock hard-surface flooring, including tile, wood, laminate, vinyl, and natural stone, along with decorative accessories and wall tile, installation materials, and related categories at everyday low prices.


“Bringing Floor & Decor to the Pittsburgh area is an exciting milestone for our team,” said Wessels. “For more than 20 years, we’ve focused on making quality hard surface flooring and tile accessible to everyone, and we’re proud to extend that commitment to this community. We look forward to serving our new customers and helping bring their ideas to life.”


Ribbon Cutting Ceremony


To celebrate the grand opening, Floor & Decor will host a Ribbon Cutting Ceremony on Thursday, April 2 at 10 a.m. EDT, in partnership with the Bethel Park Chamber of Commerce.


Family Friendly Super Saturday Event


To celebrate the new store, Floor & Decor will host a Super Saturday event on Saturday, April 4, from 10 a.m. to 1 p.m. EDT. The family-friendly event will feature a $1 Million Dice Roll*, plus complimentary items from local businesses for the first 200 attendees, including cold process soaps from Simply You, cookies and cupcakes from Bethel Bakery, succulents from Ruby Flora Plant Shop, and 4 oz candles from PGH Candle.


For the $1 Million Dice Roll Participants (18+) will roll six customized dice—each marked with a letter to spell “F-L-O-O-R-S”—for a chance to win:



Roll any four letters: $100 Floor & Decor merchandise card



Roll any five letters: $1,000 Floor & Decor merchandise card



Roll all six letters to spell FLOORS: $1 million grand prize



Industry Insider Event for Pros


Floor & Decor will host a Pro Event on Saturday, April 18, from 11 a.m. to 2 p.m. at the store for local realtors, designers, real estate companies, and custom home builders. Attendees will have the opportunity to explore the new store and learn how Floor & Decor's design department can support their businesses. A $10,000 prize will be available. Full details and registration are available at www.flooranddecor.com/bethelparkpro.


"Supporting our community is a top priority," said Wessels. "Their success is our success."


$5,000 Floor Makeover Sweepstakes


Now through June 1, 2026, customers can enter the $5,000 Floor Makeover Sweepstakes for a chance to win a flooring makeover. Entries are available online at www.floormakeoverbethelpark.com.


Store Facts & Features



Location: 3000 Oxford Drive, Bethel Park, PA 15012



Store Hours: Monday–Friday 7 a.m.–8 p.m.; Saturday 8 a.m.–7 p.m.; Sunday 10 a.m.–6 p.m. EDT



Phone Number: (412) 347-1406



For more information, visit www.flooranddecor.com or follow Floor & Decor on Instagram at instagram.com/flooranddecor.


About Floor & Decor Holdings, Inc.


Floor & Decor is a multi-channel specialty retailer of hard surface flooring and related accessories and a commercial flooring distributor. At the end of fiscal 2025, the Company operated 270 warehouse-format stores and five design studios across 39 states. The Company offers a broad in-stock assortment of laminate and vinyl, tile, wood, and natural stone flooring, installation materials, decorative accessories, and adjacent categories at everyday low prices. Founded in 2000, Floor & Decor is headquartered in Atlanta, Georgia.


*Must be at least 18 years old to enter the $5,000 Floor Makeover Sweepstakes and $1 Million Dice Roll.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260326252098/en/
MEDIA CONTACT: Kristen Myers

Agean Public Relations

Kristen.Myers@ageanpr.com

732-947-1366


Original: Floor & Decor Announces First Pittsburgh-Area Store, in Bethel Park, Pennsylvania

Floor & Decor Announces Grand Opening of Grapevine, Texas StoreMarch 19, 2026 8:35 AM
Business Wire
--Leading high-growth retailer specializing in hard-surface flooring brings its expansive in-stock selection and warehouse-format shopping experience to Grapevine--


Floor & Decor (NYSE: FND), the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, today announced the grand opening of newest warehouse store and design center in Grapevine, Texas at 3200 Grapevine Mills Parkway.


The Grapevine store will open with a team of approximately 40 full-time and part-time associates, and is led by Denise Baxter, the store’s Chief Executive Merchant.


Floor & Decor operates more than 270 warehouse-format stores and five design studios nationwide and offers a broad assortment of in-stock hard-surface flooring, including tile, wood, laminate, vinyl, and natural stone, along with decorative accessories and wall tile, installation materials, and related categories at everyday low prices.


“Bringing Floor & Decor to Grapevine is an exciting milestone for our team,” said Baxter. “For more than 20 years, we’ve focused on making quality, trend-forward hard surface flooring accessible to everyone, and we’re proud to extend that commitment to this community. We look forward to serving our new customers and helping bring their ideas to life.”


Ribbon Cutting Ceremony


To celebrate the grand opening, Floor & Decor will host a Ribbon Cutting Ceremony on March 26, at 11:30 a.m. CDT, in partnership with the Grapevine Chamber of Commerce.


Community Block Party


To celebrate the new store Floor & Decor will host a community Block Party on April 11, 2026, from 11 a.m. to 2 p.m. CDT.


The family-friendly event will feature prize giveaways every 15 minutes, including professional sports tickets, tools, Floor & Decor gift cards, an iPad, a YETI cooler, Bass Pro Shops gift cards and more. Guests will also enjoy a free lunch from popular local food trucks including Tacowboy Food Truck, Hook & Ladder Food Truck, and Pasion BBQ. Local businesses will be onsite giving away free items to the first 200 attendees, including BreadHaus (assorted bread loaves), Howdy Honey (daily pastries and coffee), Wicked Sauce (5-ounce hot sauces), and Chocolate Hangover (brand-themed chocolates). Additional activities will include games and tile painting for families, as well as a viewing area with televisions so golf fans can watch the Masters Tournament throughout the event.


Sneak Peek Event for Industry Professionals


Prior to the grand opening, Floor & Decor will host a Sneak Peek event on March 25 from 5:30 p.m. to 8 p.m. at the store for local realtors, designers, real estate companies, and custom home builders. Attendees will have the opportunity to explore the new store and learn how Floor & Decor’s design department can support their businesses. Light refreshments will be served, and prizes will be given away. Guests may RSVP to Denise Baxter at denise.baxter@flooranddecor.com.


“Supporting our community is a top priority,” said Baxter. “Their success is our success.”


$5,000 Floor Makeover Sweepstakes


From now through May 25, 2026, customers can enter the $5,000 Floor Makeover Sweepstakes for a chance to win a flooring makeover. Entries are available online at www.floormakeovergrapevine.com.


Store Facts & Features



Location: 3200 Grapevine Mills Parkway, Grapevine, TX 76051



Store Hours: Monday–Friday 7 a.m.–8 p.m.; Saturday 8 a.m.–7 p.m.; Sunday 10 a.m.–6 p.m. CDT



Phone Number: (682) 651-8211



For more information, visit www.flooranddecor.com or follow Floor & Decor on Instagram at instagram.com/flooranddecor.


About Floor & Decor Holdings, Inc.


Floor & Decor is a multi-channel specialty retailer of hard surface flooring and related accessories and a commercial flooring distributor. At the end of fiscal 2025, the Company operated 270 warehouse-format stores and five design studios across 39 states. The Company offers a broad in-stock assortment of laminate and vinyl, tile, wood, and natural stone flooring, installation materials, decorative accessories, and adjacent categories at everyday low prices. Founded in 2000, Floor & Decor is headquartered in Atlanta, Georgia.


*Must be at least 18 years old to enter the $5,000 Floor Makeover.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260319898282/en/
MEDIA CONTACT: Kristen Myers

Agean Public Relations

Kristen.Myers@ageanpr.com

732-947-1366


Original: Floor & Decor Announces Grand Opening of Grapevine, Texas Store

Floor & Decor Announces Grand Opening of Two New Stores in Fayetteville, North Carolina and Vacaville, CaliforniaFebruary 26, 2026 4:35 PM
Business Wire
 — Leading specialty flooring retailer expands coast-to-coast with two new warehouse-format locations and celebrates with local community events and giveaways—


Floor & Decor (NYSE: FND), the nation’s leading specialty retailer of hard-surface flooring for homeowners and professionals, today announced the grand openings of new warehouse-format stores and design centers in Fayetteville, North Carolina, and Vacaville, California. The openings support the company’s nationwide expansion and will bring more than 90 new jobs to the two communities.


“Each new location allows us to bring what Floor & Decor stands for to even more communities across the country, offering curated, high-quality materials sourced from around the globe, an exceptional selection at accessible prices, and a service experience built on real expertise,” said Steven Denny, Executive VP of Store Operations. “We’re proud to support both homeowners and Pros with the products, knowledge, and local teams they need to help bring design ideas to life.”


Floor & Decor operates more than 270 warehouse-format stores and design studios nationwide, offering a wide assortment of in-stock hard-surface flooring, including tile, wood, laminate, vinyl, and natural stone, along with decorative accessories, wall tile, installation materials, and related categories, all at everyday low prices. Both new locations will feature dedicated PRO Services teams designed to support contractors, designers, and builders with personalized service and perks.


Fayetteville, North Carolina

Floor & Decor’s Fayetteville store, located at 1748 Skibo Road, will open approximately 35 full-time and 15 part-time associates, led by Quentin Kaiser, Chief Executive Merchant.


“We’re thrilled to open in Fayetteville and serve both homeowners and professionals with the selection, value, and expertise they need to bring their projects to life,” said Kaiser.


A Ribbon Cutting Ceremony will take place on Wednesday, February 25, 2026, at 10:00 a.m. ET, in partnership with the Greater Fayetteville Chamber of Commerce.


Local Pros and community members are invited to attend the Fayetteville Grand Opening Celebration on Saturday, March 28, 2026, from 11:00 a.m.–2:00 p.m. ET, featuring networking with the on-site PRO Services Team, lunch, and prize giveaways including a 2026 Jeep Gladiator, iPad, Apple Watch, Yeti Cooler, and Carhartt Duffle. RSVP at www.flooranddecor.com/fayettevillepro.


Vacaville, California

On the West Coast, Floor & Decor will also open a new location at 868 Alamo Drive in Vacaville, led by Chief Executive Merchant Mignon Ferguson and approximately 40 associates.


A Ribbon Cutting Ceremony will be held on Thursday, February 26, 2026, at 10:00 a.m. PT, in partnership with the Vacaville Chamber of Commerce.


The Vacaville Grand Opening Celebration will take place on Saturday, March 7, 2026, from 11:00 a.m.–2:00 p.m. PT, featuring networking opportunities, lunch, and a $10,000 giveaway. RSVP at www.flooranddecor.com/vacavillepro.


“Supporting our community is a top priority,” said Ferguson. “Their success is our success.”


Super Saturday Celebrations

Both locations will host family-friendly Super Saturday events, open to the public on Saturday, February 28, 2026, from 10:00 a.m.–1:00 p.m. local time.


During Super Saturday, guests can participate in Floor & Decor’s Crack the Code game*, where participants will have a chance to win up to $100,000 by correctly entering a five-digit code.


The Vacaville event will feature local businesses including Journey Coffee Co., serving hot and cold brew coffee, and Lockwood Acres, offering jars of flavored jellies and garlic salt free for the first 200 customers.


The Fayetteville event will feature local businesses, including Scented Wicks, Popcorn Is Us, The Coffee Scene, and Stoneage Natural Rocks & Crystals, with complimentary offerings available to the first 200 customers.


The first 200 attendees at the Fayetteville event may have a chance of winning up to $1 million in Floor & Decor’s Million Dollar Dice Roll* game. Participants (18+) will roll six customized dice—each marked with a letter to spell “F-L-O-O-R-S”—for a chance to win:



Roll any four letters: $100 Floor & Decor merchandise card



Roll any five letters: $1,000 Floor & Decor merchandise card



Roll all six letters to spell FLOORS: $1 million grand prize



$5,000 Floor Makeover Sweepstakes

To celebrate both grand openings, Floor & Decor will give away a $5,000 Floor Makeover in each market. Entries for the Vacaville giveaway will be accepted from February 15 through April 25, 2026, at www.floormakeovervacaville.com, while entries for the Fayetteville giveaway will be accepted from February 15 through April 27, 2026, at www.floormakeoverfayetteville.com.


Store Facts & Features

Fayetteville, NC



Location: 1748 Skibo Rd, Fayetteville, NC 28308



Hours: Mon–Fri 7 a.m.–8 p.m.; Sat 8 a.m.–7 p.m.; Sun 10 a.m.–6 p.m. ET



Phone: (910) 475-1551



Vacaville, CA



Location: 868 Alamo Dr, Vacaville, CA 95688



Hours: Mon–Fri 7 a.m.–8 p.m.; Sat 8 a.m.–7 p.m.; Sun 10 a.m.–6 p.m. PT



Phone: (707) 471-5711



For more information, visit www.flooranddecor.com or follow Floor & Decor on Instagram at instagram.com/flooranddecor.


About Floor & Decor Holdings, Inc.

Floor & Decor is a multi-channel specialty retailer of hard surface flooring and related accessories and a commercial flooring distributor. At the end of fiscal 2025, the Company operated 270 warehouse-format stores and five design studios across 39 states. The Company offers a broad in-stock assortment of laminate and vinyl, tile, wood, and natural stone flooring, installation materials, decorative accessories, and adjacent categories at everyday low prices. Founded in 2000, Floor & Decor is headquartered in Atlanta, Georgia.


*Must be at least 18 years old to enter the $5,000 Floor Makeover, Crack the Code, and $1M Dice Roll.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260226721058/en/
MEDIA CONTACT: Kristen Myers

Agean Public Relations

kristen.myers@ageanpr.com

732-947-1366


Original: Floor & Decor Announces Grand Opening of Two New Stores in Fayetteville, North Carolina and Vacaville, California

Floor & Decor Opens Second New York City Store, Marking First Staten Island LocationFebruary 26, 2026 8:35 AM
Business Wire
—The leading high-growth retailer specializing in hard-surface flooring opened its flagship store in Brooklyn in 2024, now bringing its expansive in-stock selection and warehouse-format shopping experience to Staten Island—


Floor & Decor (NYSE: FND), the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, today announced the grand opening of its newest warehouse store and design center in Staten Island, New York, located at 98 Richmond Hill Road.


The Staten Island store opens with a team of approximately 40 associates and is led by Arsenio (AJ) MacKay, the store’s Chief Executive Merchant.


Floor & Decor operates more than 270 warehouse-format stores and design studios nationwide, offering a wide assortment of in-stock hard-surface flooring, including tile, wood, laminate, vinyl, and natural stone, along with decorative accessories, wall tile, installation materials, and related categories, all at everyday low prices. The company opened its flagship Brooklyn location—its first New York City store—in 2024.


“Bringing Floor & Decor to Staten Island is an exciting milestone for our team,” said MacKay. “For more than 25 years, we’ve focused on making quality flooring and tile accessible to everyone, and we’re proud to extend that commitment to a new borough today. We look forward to serving our new customers and helping bring their ideas to life.”


Ribbon Cutting Ceremony

To celebrate the grand opening, Floor & Decor will host a Ribbon Cutting Ceremony on Thursday, February 26, 2026, at 10:00 a.m. ET, in partnership with the Staten Island Chamber of Commerce.


Community Grand Opening Celebration Featuring a $10,000 Giveaway

Floor & Decor supports both professionals and homeowners with an expansive selection of flooring and home improvement products—along with dedicated PRO Services and a PRO Premier Rewards Program for those in the trade.


Local PROs, homeowners, and community members are invited to attend a Grand Opening Celebration on Saturday, March 21, 2026, from 11:00 a.m.–2:00 p.m. ET. Guests can enjoy lunch, connect with the on-site PRO Services Team, explore the new store, and enter for a chance to win part of a $10,000 giveaway.


“Supporting our community is a top priority,” MacKay added. “Their success is our success.”


$5,000 Floor Makeover Sweepstakes

As part of the Staten Island grand opening celebration, Floor & Decor will give away a $5,000 Floor Makeover. Customers can enter to win now through April 25, 2026, by registering at www.floormakeoverstatenisland.com.


Super Saturday Celebration & Crack the Code

The Staten Island store will also host a family-friendly Super Saturday event on Saturday, February 28, 2026, beginning at 10:00 a.m. ET. The event will feature local businesses including The Sweet Life Bakeshop and Grapevine Garden & Florist. During Super Saturday, customers can participate in Floor & Decor’s Crack the Code game*, where participants will have a chance to win up to $100,000 by correctly entering a five-digit code.


Store Facts & Features



Location: 98 Richmond Hill Rd, Staten Island, NY 10314



Store Hours: Monday–Friday 7 a.m.–8 p.m.; Saturday 8 a.m.–7 p.m.; Sunday 10 a.m.–6 p.m. ET



Phone Number: (347) 773-2551



For more information, visit www.flooranddecor.com or follow Floor & Decor on Instagram at www.instagram.com/flooranddecor.


About Floor & Decor Holdings, Inc.

Floor & Decor is a multi-channel specialty retailer of hard surface flooring and related accessories and a commercial flooring distributor. At the end of fiscal 2025, the Company operated 270 warehouse-format stores and five design studios across 39 states. The Company offers a broad in-stock assortment of laminate and vinyl, tile, wood, and natural stone flooring, installation materials, decorative accessories, and adjacent categories at everyday low prices. Founded in 2000, Floor & Decor is headquartered in Atlanta, Georgia.


*Must be at least 18 years old to enter the $5,000 Floor Makeover and Crack the Code.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260226337231/en/
MEDIA CONTACT: Kristen Myers

Agean Public Relations

kristen.myers@ageanpr.com

732-947-1366


Original: Floor & Decor Opens Second New York City Store, Marking First Staten Island Location

Floor & Decor Holdings, Inc. Announces Fourth Quarter and Fiscal 2025 Financial ResultsFebruary 19, 2026 4:05 PM
Business Wire
Highlights for the Fourth Quarter of Fiscal 2025:


Net sales of $1,129.7 million increased 2.0% from the fourth quarter of fiscal 2024


Comparable store sales decreased 4.8%


Diluted EPS of $0.36


Opened eight new warehouse stores


Floor & Decor Holdings, Inc. (NYSE: FND) (“We,” “Our,” the “Company,” or “Floor & Decor”) announces its financial results for the fourth quarter and full year of fiscal 2025, which ended December 25, 2025.


Brad Paulsen, Chief Executive Officer, stated, “We are pleased to deliver fiscal 2025 fourth quarter diluted earnings per share of $0.36, in line with the midpoint of the earnings guidance provided on our third quarter earnings conference call. For the full fiscal year, diluted earnings per share was $1.92, compared with $1.90 in the prior year. I’m incredibly proud of what our teams accomplished in 2025. 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. This performance reflects the resilience of our model and our unwavering commitment to disciplined execution and strategic investments in our future.”


Please see “Comparable Store Sales” below for information on how the Company calculates period-over-period changes in comparable store sales.


For the Fiscal Quarter Ended December 25, 2025



Net sales of $1,129.7 million increased 2.0% from $1,107.4 million in the fourth quarter of fiscal 2024.



Comparable store sales decreased 4.8%.



We opened eight new warehouse stores, ending the quarter with 270 warehouse stores, five design studios, and five distribution centers.



Operating income of $51.9 million decreased 12.3% from $59.2 million in the fourth quarter of fiscal 2024. Operating margin of 4.6% decreased 80 basis points from the fourth quarter of fiscal 2024.



Net income of $39.3 million decreased 17.2% from $47.5 million in the fourth quarter of fiscal 2024. Diluted earnings per share (“EPS”) of $0.36 decreased 18.2% from $0.44 in the fourth quarter of fiscal 2024.



Adjusted EBITDA* of $119.4 million decreased 0.3% from $119.8 million in the fourth quarter of fiscal 2024.



For the Fiscal Year Ended December 25, 2025



Net sales of $4,684.1 million increased 5.1% from $4,455.8 million in fiscal 2024.



Comparable store sales decreased 1.8%.



We opened 20 new warehouse stores, closed one warehouse store, and opened a new distribution center.



Operating income of $270.1 million increased 5.4% from $256.2 million in fiscal 2024. Operating margin of 5.8% was flat compared to fiscal 2024.



Net income of $208.6 million increased 1.3% from $205.9 million in fiscal 2024. Diluted EPS of $1.92 increased 1.1% from $1.90 in fiscal 2024.



Adjusted EBITDA* of $538.2 million increased 5.0% from $512.5 million in fiscal 2024.



*Non-GAAP financial measure. Please see “Non-GAAP Financial Measures” and “Reconciliation of GAAP to Non-GAAP Financial Measures” below for more information.


Fiscal 2026 Guidance:


The Company will report 53 weeks of operating results in fiscal 2026 and provides the following guidance for fiscal 2026:



Net sales of approximately $4,880 million to $5,030 million


The 53rd week is expected to contribute approximately $65 million to net sales






Comparable store sales of approximately (2.0)% to 1.0%



Diluted EPS of approximately $1.98 to $2.18


The 53rd week is expected to contribute approximately $0.08 to diluted EPS






Adjusted EBITDA* of approximately $560 million to $590 million


The 53rd week is expected to contribute approximately $11 million to Adjusted EBITDA*






Depreciation and amortization expense of approximately $245 million



Interest expense, net of approximately $5 million



Tax rate of approximately 21.5% to 22.0%



Diluted weighted average shares outstanding of approximately 109 million shares



Open 20 new warehouse stores



Capital expenditures of approximately $250 million to $300 million



*Non-GAAP financial measure. Please see “Non-GAAP Financial Measures” and “Reconciliation of GAAP to Non-GAAP Financial Measures” below for more information.


Conference Call Details


A conference call to discuss the fourth quarter and fiscal year 2025 financial results is scheduled for today, February 19, 2026, at 5:00 p.m. Eastern Time. A live audio webcast of the conference call, together with related materials, will be available online at ir.flooranddecor.com.


A recorded replay of the conference call will be available approximately three hours after the conclusion of the call and can be accessed both online at ir.flooranddecor.com and by dialing 844-512-2921 (international callers please dial 412-317-6671). The pin number to access the telephone replay is 13758035. The replay will be available until February 26, 2026.


About Floor & Decor Holdings, Inc.


Floor & Decor is a multi-channel specialty retailer of hard surface flooring and related accessories and seller of commercial surfaces. As of December 25, 2025, the Company operated 270 warehouse-format stores and five design studios across 39 states. The Company offers a broad in-stock assortment of laminate and vinyl, tile, wood, and natural stone flooring and installation materials and decorative accessories, as well as adjacent categories, at everyday low prices. The Company was founded in 2000 and is headquartered in Atlanta, Georgia.


Comparable Store Sales


Comparable store sales refer to period-over-period comparisons of our net sales at the time of sale among the comparable store base. A store is included in the comparable store sales calculation on the first day of the thirteenth full fiscal month following a store’s opening, which is when we believe comparability has been achieved. Changes in our comparable store sales between two periods are based on net sales at the time of sale for stores that were in operation during both of the two periods. Any change in the square footage of an existing comparable store, including for remodels and relocations within the same primary trade area of the existing store being relocated, does not eliminate that store from inclusion in the calculation of comparable store sales. Stores that are closed for a full fiscal month or longer are excluded from the comparable store sales calculation for each full fiscal month that they are closed. Since our e-commerce, regional account manager, and design studio sales are fulfilled by individual stores, they are included in comparable store sales only to the extent the fulfilling store meets the above mentioned store criteria. Sales through our Spartan Surfaces, LLC (“Spartan”) subsidiary do not involve our stores and are therefore excluded from the comparable store sales calculation. When a fiscal year includes a 53rd week, we exclude the 53rd week of sales from our calculation.


Non-GAAP Financial Measures


EBITDA and Adjusted EBITDA (which are shown in the reconciliation below) are presented as supplemental measures of financial performance that are not required by, or presented in accordance with, accounting principles generally accepted in the United States (“GAAP”). We define EBITDA as net income before interest, taxes, and depreciation and amortization. We define Adjusted EBITDA as net income before interest, taxes, and depreciation and amortization adjusted to eliminate the impact of non-cash stock-based compensation expense and certain items that we do not consider indicative of our core operating performance. Reconciliations of these measures to the most directly comparable GAAP financial measure are set forth in the table below.


EBITDA and Adjusted EBITDA are key metrics used by management and our board of directors to assess our financial performance and enterprise value. We believe that EBITDA and Adjusted EBITDA are useful measures, as they eliminate certain items that are not indicative of our core operating performance and facilitate comparisons on a consistent basis from period to period. We also use Adjusted EBITDA as a basis to determine covenant compliance with respect to our credit facilities, to supplement GAAP measures of performance to evaluate the effectiveness of our business strategies, to make budgeting decisions, and to compare our performance against that of other peer companies using similar measures. EBITDA and Adjusted EBITDA are also frequently used by analysts, investors and other interested parties to evaluate companies in our industry.


EBITDA and Adjusted EBITDA are non-GAAP measures of our financial performance and should not be considered as alternatives to net income as a measure of financial performance, or any other performance measure derived in accordance with GAAP, and they should not be construed as an inference that our future results will be unaffected by unusual or non-recurring items. Additionally, EBITDA and Adjusted EBITDA are not intended to be measures of liquidity or free cash flow for management’s discretionary use. In addition, these non-GAAP measures exclude certain non-recurring and other charges. Each of these non-GAAP measures has its limitations as an analytical tool, and you should not consider them in isolation or as a substitute for analysis of our results as reported under GAAP. In evaluating EBITDA and Adjusted EBITDA, you should be aware that in the future we may incur expenses that are the same as or similar to some of the items eliminated in the adjustments made to determine EBITDA and Adjusted EBITDA, such as stock-based compensation expense, litigation settlement recovery, fair value adjustments related to contingent earn-out liabilities, and other adjustments. Definitions and calculations of EBITDA and Adjusted EBITDA differ among companies in the retail industry, and therefore EBITDA and Adjusted EBITDA disclosed by us may not be comparable to the metrics disclosed by other companies.


Please see “Reconciliation of GAAP to Non-GAAP Financial Measures” below for reconciliations of non-GAAP financial measures used in this release to their most directly comparable GAAP financial measures. The Company does not provide a reconciliation of forward-looking measures where it believes such a reconciliation would imply a degree of precision and certainty that could be confusing to investors and the Company is unable to reasonably predict certain items contained in these measures without unreasonable efforts. This is due to the inherent difficulty of forecasting the timing or amount of various items that have not yet occurred and are out of the Company’s control or cannot be reasonably predicted. For the same reasons, the Company is unable to address the probable significance of the unavailable information. Forward-looking non-GAAP financial measures provided without the most directly comparable GAAP financial measures may vary materially from the corresponding GAAP financial measures.




Floor & Decor Holdings, Inc.




Consolidated Statements of Income




(In thousands, except for per share data)




(Unaudited)










 



 






Fiscal Quarter Ended






 






 








 






December 25, 2025






 






December 26, 2024






 






% Increase




(Decrease)








 






Amount






 






% of Net Sales






 






Amount






 






% of Net Sales






 








Net sales






$






1,129,671






 






100.0






%






 






$






1,107,416






 






 






100.0






%






 






2.0






%








Cost of sales






 






638,575






 






56.5






 






 






 






626,095






 






 






56.5






 






 






2.0






%








Gross profit






 






491,096






 






43.5






 






 






 






481,321






 






 






43.5






 






 






2.0






%








Selling, general and administrative expenses






 






439,166






 






38.9






 






 






 






422,101






 






 






38.1






 






 






4.0






%








Operating income






 






51,930






 






4.6






 






 






 






59,220






 






 






5.4






 






 






(12.3






)%








Interest expense (income), net






 






194






 






—






 






 






 






(34






)






 






—






 






 






(670.6






)%








Income before income taxes






 






51,736






 






4.6






 






 






 






59,254






 






 






5.4






 






 






(12.7






)%








Income tax expense






 






12,405






 






1.1






 






 






 






11,770






 






 






1.1






 






 






5.4






%








Net income






$






39,331






 






3.5






%






 






$






47,484






 






 






4.3






%






 






(17.2






)%








Basic weighted average shares outstanding






 






107,763






 






 






 






 






107,300






 






 






 






 






 








Diluted weighted average shares outstanding






 






108,427






 






 






 






 






108,431






 






 






 






 






 








Basic earnings per share






$






0.36






 






 






 






$






0.44






 






 






 






 






(18.2






)%








Diluted earnings per share






$






0.36






 






 






 






$






0.44






 






 






 






 






(18.2






)%









 






Fiscal Year Ended






 






 








 






December 25, 2025






 






December 26, 2024






 






% Increase




(Decrease)








 






Amount






 






% of Net Sales






 






Amount






 






% of Net Sales






 








Net sales






$






4,684,088






 






100.0






%






 






$






4,455,770






 






100.0






%






 






5.1






%








Cost of sales






 






2,640,180






 






56.4






 






 






 






2,527,519






 






56.7






 






 






4.5






%








Gross profit






 






2,043,908






 






43.6






 






 






 






1,928,251






 






43.3






 






 






6.0






%








Selling, general and administrative expenses






 






1,773,838






 






37.8






 






 






 






1,672,075






 






37.5






 






 






6.1






%








Operating income






 






270,070






 






5.8






 






 






 






256,176






 






5.8






 






 






5.4






%








Interest expense (income), net






 






3,409






 






0.1






 






 






 






2,773






 






0.1






 






 






22.9






%








Income before income taxes






 






266,661






 






5.7






 






 






 






253,403






 






5.7






 






 






5.2






%








Income tax expense






 






58,014






 






1.2






 






 






 






47,531






 






1.1






 






 






22.1






%








Net income






$






208,647






 






4.5






%






 






$






205,872






 






4.6






%






 






1.3






%








Basic weighted average shares outstanding






 






107,639






 






 






 






 






107,075






 






 






 






 








Diluted weighted average shares outstanding






 






108,419






 






 






 






 






108,319






 






 






 






 








Basic earnings per share






$






1.94






 






 






 






$






1.92






 






 






 






1.0






%








Diluted earnings per share






$






1.92






 






 






 






$






1.90






 






 






 






1.1






%









Consolidated Balance Sheets




(In thousands, except for share and per share data)




(Unaudited)










 



 






December 25,

2025






 






December 26,

2024








Assets






 






 






 








Current assets:






 






 






 








Cash and cash equivalents






$






249,296






 






$






187,669






 








Income taxes receivable






 






7,270






 






 






21,735






 








Receivables, net






 






94,068






 






 






101,486






 








Inventories, net






 






1,133,083






 






 






1,132,599






 








Prepaid expenses and other current assets






 






44,214






 






 






48,896






 








Total current assets






 






1,527,931






 






 






1,492,385






 








Fixed assets, net






 






1,856,127






 






 






1,786,587






 








Right-of-use assets






 






1,617,772






 






 






1,331,238






 








Intangible assets, net






 






146,536






 






 






150,203






 








Goodwill






 






257,940






 






 






257,940






 








Deferred income tax assets, net






 






19,298






 






 






17,082






 








Other assets






 






43,754






 






 






15,043






 








Total long-term assets






 






3,941,427






 






 






3,558,093






 








Total assets






$






5,469,358






 






$






5,050,478






 








Liabilities and stockholders’ equity






?






 






?








Current liabilities:






?






 






?








Current portion of term loan






$






2,629






 






$






2,103






 








Current portion of lease liabilities






 






155,661






 






 






138,646






 








Trade accounts payable






 






683,675






 






 






794,855






 








Accrued expenses and other current liabilities






 






298,740






 






 






295,425






 








Deferred revenue






 






10,685






 






 






13,163






 








Total current liabilities






 






1,151,390






 






 






1,244,192






 








Term loan






 






193,589






 






 






194,527






 








Lease liabilities






 






1,639,598






 






 






1,351,282






 








Deferred income tax liabilities, net






 






49,479






 






 






67,832






 








Other liabilities






 






26,466






 






 






22,487






 








Total long-term liabilities






 






1,909,132






 






 






1,636,128






 








Total liabilities






 






3,060,522






 






 






2,880,320






 








Stockholders’ equity






?






 






?








Preferred stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding at December 25, 2025 and December 26, 2024






 






—






 






 






—






 








Common stock Class A, $0.001 par value; 450,000,000 shares authorized; 107,774,329 shares issued and outstanding at December 25, 2025 and 107,356,999 issued and outstanding at December 26, 2024






 






108






 






 






107






 








Additional paid-in capital






 






577,786






 






 






547,818






 








Accumulated other comprehensive income (loss), net






 






22






 






 






(40






)








Retained earnings






 






1,830,920






 






 






1,622,273






 








Total stockholders’ equity






 






2,408,836






 






 






2,170,158






 








Total liabilities and stockholders’ equity






$






5,469,358






 






$






5,050,478






 









Consolidated Statements of Cash Flows




(In thousands)




(Unaudited)








 



 






Fiscal Year Ended








 






December 25, 2025






 






December 26, 2024








Operating activities






 






 






 








Net income






$






208,647






 






 






$






205,872






 








Adjustments to reconcile net income to net cash provided by operating activities:






 






 






 








Depreciation and amortization






 






241,160






 






 






 






232,473






 








Stock-based compensation expense






 






29,505






 






 






 






33,695






 








Deferred income taxes






 






(20,556






)






 






 






(1,807






)








Loss on asset impairments and disposals, net






 






524






 






 






 






2,103






 








Change in fair value of contingent earn-out liabilities






 






(375






)






 






 






(866






)








Changes in operating assets and liabilities:






 






 






 








Receivables, net






 






7,418






 






 






 






(1,973






)








Inventories, net






 






(484






)






 






 






(26,449






)








Trade accounts payable






 






(115,030






)






 






 






122,338






 








Accrued expenses and other current liabilities






 






26,002






 






 






 






31,477






 








Income taxes






 






14,133






 






 






 






5,657






 








Deferred revenue






 






(2,478






)






 






 






1,886






 








Other, net






 






(6,630






)






 






 






(1,251






)








Net cash provided by operating activities






 






381,836






 






 






 






603,155






 








Investing activities






 






?






 








Purchases of fixed assets






 






(317,764






)






?






 






(446,826






)








Net cash used in investing activities






 






(317,764






)






 






 






(446,826






)








Financing activities






 






?






 








Payments on term loan






 






(2,103






)






 






 






(2,103






)








Borrowings on revolving line of credit






 






—






 






 






 






258,600






 








Payments on revolving line of credit






 






—






 






 






 






(258,600






)








Payments of contingent earn-out liabilities






 






(806






)






 






 






(2,002






)








Proceeds from exercise of stock options






 






3,453






 






 






 






10,115






 








Proceeds from employee stock purchase plan






 






5,970






 






 






 






5,459






 








Tax payments for stock-based compensation awards






 






(8,959






)






 






 






(14,511






)








Net cash used in financing activities






 






(2,445






)






 






 






(3,042






)








Net increase in cash and cash equivalents






 






61,627






 






 






 






153,287






 








Cash and cash equivalents, beginning of the period






 






187,669






 






 






 






34,382






 








Cash and cash equivalents, end of the period






$






249,296






 






 






$






187,669






 








Supplemental disclosures of cash flow information






?






?






 








Buildings and equipment acquired under operating leases






$






439,745






 






 






$






186,937






 








Cash paid for interest, net of capitalized interest






$






9,123






 






 






$






5,830






 








Cash paid for income taxes, net of refunds






$






63,961






 






 






$






42,875






 








Fixed assets accrued at the end of the period






$






47,864






 






 






$






65,188






 









Reconciliation of GAAP to Non-GAAP Financial Measures




(In thousands)




(Unaudited)




 




EBITDA and Adjusted EBITDA








 



 






Fiscal Quarter Ended








 






December 25, 2025






 






December 26, 2024








Net income (GAAP):






$






39,331






 






$






47,484






 








Depreciation and amortization (1)






 






60,370






 






 






59,249






 








Interest expense (income), net






 






194






 






 






(34






)








Income tax expense






 






12,405






 






 






11,770






 








EBITDA






 






112,300






 






 






118,469






 








Stock-based compensation expense (2)






 






7,133






 






 






8,077






 








Litigation settlement recovery (3)






 






—






 






 






(6,794






)








Adjusted EBITDA






$






119,433






 






$






119,752






 









 






Fiscal Year Ended








 






December 25, 2025






 






December 26, 2024








Net income (GAAP):






$






208,647






 






 






$






205,872






 








Depreciation and amortization (1)






 






238,971






 






 






 






230,293






 








Interest expense (income), net






 






3,409






 






 






 






2,773






 








Income tax expense






 






58,014






 






 






 






47,531






 








EBITDA






 






509,041






 






 






 






486,469






 








Stock-based compensation expense (2)






 






29,505






 






 






 






33,695






 








Litigation settlement recovery (3)






 






—






 






 






 






(6,794






)








Other (4)






 






(375






)






 






 






(866






)








Adjusted EBITDA






$






538,171






 






 






$






512,504






 









(1)






Excludes amortization of deferred financing costs, which is included as part of interest expense (income), net.








(2)






Represents non-cash charges related to stock-based compensation programs, which vary from period to period depending on the timing of awards and forfeitures.








(3)






Represents net proceeds received related to the derivative litigation settlement in the fiscal quarter and year ended December 26, 2024.








(4)






Other adjustments include amounts management does not consider indicative of our core operating performance. Amounts for the fiscal years ended December 25, 2025 and December 26, 2024 relate to changes in the fair value of contingent earn-out liabilities.







Forward-Looking Statements


This release and the associated webcast/conference call contain forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact contained in this release and the associated webcast/conference call, including statements regarding the Company’s future operating results and financial position, business strategy and plans, and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “seeks,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “budget,” “potential,” or “continue” or the negative of these terms or other similar expressions.


The forward-looking statements contained in this release and the associated webcast/conference call are based on our current expectations, assumptions, estimates, and projections regarding the Company’s business, the economy, and other future conditions. These statements involve known and unknown risks, uncertainties, and other important factors that may cause the Company’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements.


Although the Company believes that the expectations reflected in the forward-looking statements in this release and the associated webcast/conference call are reasonable, the Company cannot guarantee future events, results, performance or achievements. A number of important factors could cause actual results to differ materially from those indicated by the forward-looking statements in this release or the associated webcast/conference call, including, without limitation, (1) macroeconomic headwinds, including high interest rates and weak home sales, (2) our failure to successfully manage new store growth or higher than expected costs, (3) our ability to manage our comparable store sales, (4) our inability to lease or acquire new store locations on acceptable terms, renew or replace our current store leases, or make payments under our leases, (5) our failure to maintain and enhance our brand image and awareness, (6) our failure to successfully anticipate and manage trends, consumer preferences, and demand, (7) our inability to successfully manage increased competition, (8) adverse changes in global trade policies, tariffs, or import enforcement actions, any of which could impact our ability to import from foreign suppliers, raise our costs, or disrupt our supply chain, (9) our inability to manage our inventory, including the impact of inventory obsolescence, shrink, and damage, (10) any disruption in our distribution capabilities, supply chain, and our related planning and control processes, including carrier capacity constraints, blocked trade lanes, port congestion, strike, or shut down, and other supply chain costs or product shortages, (11) any increases in wholesale prices of products, materials, and transportation costs beyond our control, including increases in costs due to inflation or tariffs, (12) the resignation, incapacitation, or death of any key personnel, including our executive officers, (13) our inability to attract, hire, train, and retain highly qualified managers and staff, (14) the impact of any labor activities, (15) our dependence on foreign imports for the products we sell, including risks associated with obtaining products from abroad, (16) any failure by any of our suppliers to supply us with quality products on attractive terms and prices or to adhere to the quality standards that we set for our products, (17) our inability to locate sufficient suitable natural products, (18) the effects of weather conditions, natural disasters, or other unexpected events, including public health crises, that may disrupt our operations, (19) personal injury, product liability and warranty claims and related governmental investigations, (20) any allegations, investigations, lawsuits, or violations of laws and regulations applicable to us, our products, or our suppliers, (21) our inability to adequately protect the privacy and security of information related to our customers, us, our associates, our suppliers, and other third parties, (22) any material disruption in our information systems, including our website, (23) our inability to maintain sufficient levels of cash flow or liquidity to fund our expanding business and service our existing indebtedness, (24) new or changing laws or regulations, including tax laws and trade policies and regulations, (25) payments-related risks, (26) any failure to protect our intellectual property rights or disputes regarding our intellectual property or the intellectual property of third parties, (27) the impact of any future strategic transactions, (28) restrictions imposed by our indebtedness on our current and future operations, including risks related to our variable rate debt, and (29) our ability to manage risks related to corporate social responsibility. Additional information concerning these and other factors are described in “Forward-Looking Statements,” Item 1, “Business,” Item 1A, “Risk Factors,” and Item 1C, “Cybersecurity” of Part I and Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and Item 9A, “Controls and Procedures” of Part II of the Company’s Annual Report on Form 10-K for the fiscal year ended December 25, 2025, filed with the Securities and Exchange Commission (the “SEC”) on February 19, 2026 (the “Annual Report”) and elsewhere in the Annual Report, and those described in the Company’s other filings with the SEC.


Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely on these forward-looking statements as predictions of future events. The forward-looking statements contained in this release or the associated webcast/conference call speak only as of the date hereof. New risks and uncertainties arise over time, and it is not possible for the Company to predict those events or how they may affect the Company. If a change to the events and circumstances reflected in the Company’s forward-looking statements occurs, the Company’s business, financial condition, and operating results may vary materially from those expressed in the Company’s forward-looking statements. Except as required by applicable law, the Company does not plan to publicly update or revise any forward-looking statements contained herein or in the associated webcast/conference call, whether as a result of any new information, future events, or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260219903153/en/
Investor Contacts:

Wayne Hood

Senior Vice President of Investor Relations

678-505-4415

wayne.hood@flooranddecor.com


or


Matt McConnell

Senior Manager of Investor Relations

770-257-1374

matthew.mcconnell@flooranddecor.com


Original: Floor & Decor Holdings, Inc. Announces Fourth Quarter and Fiscal 2025 Financial Results