FND Floor & Decor (FND) Q1 FY26 earnings call
Floor & Decor reported a challenging first quarter with declining sales and EPS, driven by macro headwinds and adverse weather. Despite this, the company announced a $400 million share repurchase program, underscoring confidence in its long-term strategy and cash flow generation. Management is focused on strategic investments in new stores, commercial flooring, and a new Pro loyalty program, while maintaining disciplined cost management to navigate the dynamic environment.
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FND operating KPIs by quarter
| KPI | This call Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Employees | 14K+I want to begin by thanking our more than 14,000 associates across the company.Source: earnings call transcript | ~14KI want to thank our approximately 14,000 associates for their commitment and hard work throughout the quarter.Source: earnings call transcript | — |
| New stores opened | 6In the first quarter, we opened 6 new warehouse-format stores compared with 4 stores last year, including Staten Island, New York; Dallas, Texas; Detroit, Michigan; Pittsburgh, Pennsylvania; Vacaville, California; and Fayetteville, North Carolina.Source: earnings call transcript | 5Through the first half of fiscal 2026, we opened 11 new warehouse format stores, including 5 in the second quarter.Source: earnings call transcript | -16.7% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.