Floor & Decor Q2 sales beat estimates, keeps 2026 store-opening plan
FND•Analyst sentiment and valuation
The current average analyst rating on the shares is hold, with 7 strong buy or buy, 14 hold, and 3 sell or strong sell ratings.
The average consensus recommendation for the home improvement products and services retailers peer group is buy. Wall Street's median 12-month price target for Floor & Decor Holdings Inc is $55.50, about 0.5% below its July 29 closing price of $55.76.
The stock recently traded at 27 times the next 12-month earnings versus a P/E of 23 three months ago.
Management points to uneven discretionary demand
The company said demand for larger discretionary home improvement flooring projects remained uneven, pressuring comparable store sales.
It also said new store openings contributed to overall sales growth, and that it remains focused on managing expenses and delivering value to customers.
Q2 sales beat estimates as comparable sales fell
U.S. specialty flooring retailer Floor & Decor said second-quarter sales rose 3%, beating analyst expectations.
