STOCK TITAN

Floor Decor Hold 8-K Filings

FND NYSE

Every 8-K that Floor Decor Hold (FND) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow FND and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FND filings page.

Rhea-AI Summary

Floor & Decor Holdings, Inc. reported second-quarter fiscal 2026 net sales of $1,250.3 million, up 3.0% year over year, while comparable store sales declined 2.1%. Operating income rose to $124.0 million and net income to $95.9 million, with diluted EPS increasing to $0.89. The company opened five new warehouse stores, ending the quarter with 281 warehouse stores and five design studios, and returned $65.7 million to shareholders via share repurchases.

GAAP gross margin expanded to 48.2%, aided by one-time IEEPA tariff refunds, while Adjusted gross margin was 43.7% and Adjusted diluted EPS held at $0.58. For the first 26 weeks, net sales were $2,402.5 million, up 1.2%, with comparable store sales down 2.9%, net income of $135.6 million, and Adjusted EBITDA of $273.5 million. Cash and cash equivalents increased to $320.6 million. For fiscal 2026, management guides to net sales of $4,770–$4,990 million, comparable store sales of approximately (4.0)% to flat, diluted EPS of $2.20–$2.45, and Adjusted EBITDA of $550–$585 million, including a 53rd week contribution.

Rhea-AI Summary

Floor & Decor Holdings, Inc. refinanced its main credit facilities, putting a new $200.0 million senior secured term loan in place and extending its debt maturity profile. The new term loan, arranged with Goldman Sachs Bank USA, matures on June 24, 2033 and carries interest at Adjusted Term SOFR or an Alternate Base Rate plus margins of 2.00% and 1.00%, respectively. It also includes an incremental feature that can expand borrowings by the greater of $530 million or 100% of Consolidated EBITDA, plus additional amounts based on leverage conditions.

The company also entered a new $800 million senior secured asset-based revolving facility with Bank of America, N.A., keeping the commitment size unchanged but extending the stated maturity to June 24, 2031 and adding a $200 million accordion feature. Both facilities are secured by substantially all U.S. assets, have customary covenants and events of default, and permit prepayment without penalty except for a 1.00% premium on certain early repricing of the term loan. The prior term loan and ABL agreements were fully repaid, their commitments terminated, and related guarantees and security interests released without early termination penalties.

Rhea-AI Summary

Floor & Decor Holdings, Inc. reported voting results from its virtual Annual Meeting held on May 6, 2026. Stockholders entitled to vote included 108,094,150 shares of common stock outstanding on the March 16, 2026 record date.

All eleven director nominees were elected by majority vote, each receiving over 97 million votes in favor with broker non-votes of 4,183,844. Stockholders also ratified Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.

In addition, stockholders approved the non-binding "say-on-pay" proposal on named executive officer compensation and approved the Amended and Restated 2017 Stock Incentive Plan, with 98,622,276 votes for, 565,442 against, and 101,348 abstentions, plus 4,183,844 broker non-votes.

Rhea-AI Summary

Floor & Decor Holdings, Inc. reported softer results for the first quarter of fiscal 2026 while launching a sizable buyback. Net sales were $1,152.3 million, down 0.7% from the prior year, and comparable store sales fell 3.7%, reflecting weaker big-ticket discretionary demand.

Operating income declined to $52.4 million, an 18.4% decrease, and net income fell to $39.7 million, with diluted EPS down to $0.37 from $0.45. Adjusted EBITDA was $121.5 million, down 6.4%.

The company opened six new warehouse stores, ending the quarter with 276 warehouse stores, five design studios, and five distribution centers. The Board approved a $400 million share repurchase program with no expiration date, allowing repurchases through various methods at the company’s discretion.

For fiscal 2026, which includes a 53rd week, Floor & Decor guides to net sales of approximately $4,770 million to $4,990 million, comparable store sales between (4.0)% and flat, and diluted EPS of about $1.83 to $2.08, with the extra week expected to modestly boost sales, EPS, and Adjusted EBITDA.

Rhea-AI Summary

Floor & Decor Holdings, Inc. reported mixed fourth-quarter and full-year 2025 results, with modest growth but pressured profitability in the latest quarter. Fourth-quarter net sales were $1,129.7 million, up 2.0% from 2024, while comparable store sales fell 4.8%. Diluted EPS was $0.36, down from $0.44, as operating margin declined to 4.6%.

For fiscal 2025, net sales rose to $4,684.1 million, up 5.1%, with comparable store sales down 1.8%. Full-year diluted EPS inched up to $1.92 from $1.90, and Adjusted EBITDA increased to $538.2 million. The company opened 20 new warehouse stores in 2025 and ended the year with 270 warehouse stores. For fiscal 2026, including a 53rd week, guidance calls for net sales of about $4,880–$5,030 million, comparable store sales between (2.0)% and 1.0%, diluted EPS of $1.98–$2.18, Adjusted EBITDA of $560–$590 million, and 20 new warehouse stores.

Rhea-AI Summary

Floor & Decor (FND) announced a leadership transition. The Board appointed Bradley S. Paulsen as Chief Executive Officer and director, effective December 26, 2025, the first day of fiscal 2026. Thomas V. Taylor will become Executive Chair on the same date and continue as CEO until then. Director Richard Sullivan will retire at the end of his term and not stand for re‑election at the 2026 annual meeting.

Paulsen’s amended employment agreement provides an annual base salary of $1,000,000 and a target annual bonus of 125% of base salary. Taylor’s amended agreement provides an annual base salary of $800,000 and a target annual bonus of 100% of base salary. No equity awards were granted in connection with the transition. Key severance terms include salary continuation (Paulsen: 24 months) and pro‑rated annual bonuses, with additional payments upon a change in control as specified. The Compensation Committee also enhanced severance terms for the CFO, CAO/CLO, and EVP Merchandising.

Rhea-AI Summary

Floor & Decor Holdings, Inc. furnished an update on its financial performance. The company announced financial results for the quarter ended September 25, 2025, via a press release furnished as Exhibit 99.1 to a Form 8-K filed on October 30, 2025. The information under Item 2.02, including Exhibit 99.1, is being furnished and is not deemed filed under the Exchange Act, except as expressly incorporated by reference.