FND Stock Forecast & Price Target

Floor & Decor Holdings Inc. has demonstrated strong financial performance, with total sales increasing by 5.5% to $1.18 billion, aligning with forecasts and indicating sustained consumer demand. The company also raised its projected gross margin to a range of 43.6%-43.7%, reflecting improved product margins and favorable operational adjustments. Additionally, the growth in design services is contributing to year-over-year sales increases, positioning the company for potential acceleration in sales and profitability moving forward.

Floor & Decor Holdings Inc. is experiencing significant challenges reflected in its negative same-store sales and declining EBIT margin, which has decreased approximately 250 basis points from pre-COVID levels of 8%-8.5%. The company's full-year comparable sales guidance has been lowered to a range of -1% to -2%, indicating a potential negative comp in Q4, with trends year-to-date showing a decline of -2% year-over-year. Additionally, gross margin came in lower than anticipated at 43.4%, and the company faces ongoing sluggish comp trends that could persist into 2026 amid broader home improvement sector challenges.