Citigroup cuts target for Floor & Decor stock to USD 49.00

Published on 10/17/2026 at 20:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Floor & Decor reports third-quarter results on October 29, 2026. Floor & Decor stock closed at EUR 40.00 on October 16, 2026, up 2.04 percent on Frankfurt.

Analyst target and scheduled results

Citigroup reduced its Floor & Decor target from USD 59.00 to USD 49.00 on October 13, 2026.
Floor & Decor will publish third-quarter fiscal 2026 results on October 29, 2026.
Floor & Decor stock closed at EUR 40.00 in Frankfurt on October 16, 2026, up 2.04 percent on the day.
Floor & Decor had a USD 4.8 billion market capitalization and a P/E ratio of 21.05 on October 16, 2026.

FND, US3397501012, Illustration mit AI erstellt.

Citigroup cut its Floor & Decor price target from USD 59.00 to USD 49.00 on October 13, 2026, while keeping a Neutral rating, according to MarketBeat. The new target stood 8.29 percent above the USD 45.25 home-exchange price on October 16, 2026. Floor & Decor stock closed at EUR 40.00 in Frankfurt on October 16, 2026, up 2.04 percent on the day.

Results date set for October 29

Floor & Decor will release its third-quarter fiscal 2026 results after the market close on October 29, 2026, and will hold its conference call at 5:00 p.m. ET. The company announced the date on October 8, 2026, in an investor-relations release from Floor & Decor.

Second-quarter sales reached USD 1.25 billion

For the second quarter of fiscal 2026, net sales rose 3.00 percent year over year to USD 1.25 billion, while comparable store sales fell 2.10 percent. Adjusted diluted earnings per share came to USD 0.58, and the company opened five warehouse stores, according to the company's investor-relations page.

The operating mix explains why the coming report matters. Revenue grew, but comparable-store demand declined, creating a sharper test for traffic, pricing and new-store productivity in the third quarter. As of June 25, 2026, Floor & Decor operated 281 warehouse-format stores and five design studios across 39 states.

Floor & Decor stock sits near its yearly low

The USD 45.25 home-exchange price on October 16, 2026 stood 6.12 percent above the 52-week low of USD 42.64 and 41.59 percent below the 52-week high of USD 77.46. The USD 4.8 billion market capitalization and P/E ratio of 21.05 place the valuation against a backdrop of softer comparable-store demand.

Comparison with peers

FND (NYSE, USD): minus 1.11 percent, P/E 21.05, market capitalization USD 4.8 billion.

Lowe's (NYSE, USD): plus 0.81 percent, P/E 16.68, market capitalization USD 110.7 billion.

Home Depot (NYSE, USD): plus 0.45 percent, P/E 21.67, market capitalization USD 308.9 billion.

Closing price and investor calendar

The Frankfurt closing price was EUR 40.00 on October 16, 2026, with a 2.04 percent daily gain. Floor & Decor is scheduled to report third-quarter fiscal 2026 results on October 29, 2026, after the market close.