Floor & Decor Holdings, Inc. · NYSE:FND
Floor & Decor — Q1 2026 Earnings Presentation
10 slides from Floor & Decor's earnings presentation, Apr 30, 2026
Slide 1: Floor & Decor Announces First Quarter Fiscal 2026 Financial Results
April 30, 2026 Floor & Decor Holdings, Inc. Announces First Quarter Fiscal 2026 Financial Results 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
Slide 2: Q1 results continued and Updated Outlook for Fiscal 2026
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
Slide 3: About Floor & Decor; Comparable Store Sales; Non-GAAP Financial Measures
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 l
Slide 4: Non-GAAP Financial Measures (continued)
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 sh
Slide 5: Condensed Consolidated Statements of Income
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 % of Net % of Net % Increase Amount Sales Amount Sales (Decrease) Net sales $ 1,152,278 100.0% $ 1,160,740 100.0% (0.7)% C
Slide 6: Condensed Consolidated Balance Sheets
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
Slide 7: Condensed Consolidated Statements of Cash Flows
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
Slide 8: Reconciliation of GAAP to Non-GAAP Financial Measures
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
Slide 9: Forward-Looking Statements
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
Slide 10: Forward-Looking Statements (continued)
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
Floor & Decor Holdings — Q1 2026 Earnings Presentation on 6ix