Floor & Decor Holdings, Inc.

Greetings and welcome to the Floor and Decor Holdings Inc. Third Quarter 2025 Conference Call. At this time, all participants are in listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce Wayne Hood, Senior Vice President of Investor Relations. Please go ahead.

Thank you, operator, and good afternoon, everyone. Welcome to Floor & Decor's fiscal 2025 third quarter earnings conference call. Joining me on our call today are Tom Taylor, Chief Executive Officer, Brad Paulson, President, and Brian Langley, Executive Vice President and Chief Financial Officer. Before we start, I want to remind everyone of the company's safe harbor language. Comments made during this call contain forward-looking statements within the meaning of the private securities litigation Reform Act of 1995. Any statement that refers to expectations, projections, or other characterizations of future events, including financial projections or future market conditions, is a forward-looking statement. These statements are subject to risk and uncertainties that could cause actual future results to differ materially from those expressed in these forward-looking statements for any reason. including those listed at the end of our earnings release and in the company's SEC filings. Warren Decor assumes no obligation to update any such forward-looking statements. Please also note that past performance or market information is not a guarantee of future results. During this conference call, the company will discuss certain non-GAAP financial measures. We believe these measures enable investors to better understand our core operating performance on a comparable basis between periods. A reconciliation of each of these non-GAAP measures to the most directly comparable GAAP financial measure can be found in the earnings press release, which is available on our investor relations website at ir.florentecor.com. A recorded replay of this call and related materials will be available on our investor relations website. Let me now turn the call over to Tom.

Thank you, Wayne, and everyone for joining us on our fiscal 2025 third quarter earnings conference call. During today's conference call, Brad, Brian, and I will discuss our third quarter earnings highlights. Then Brian will share our thoughts about the remainder of fiscal 2025. Before we get started, I want to share some exciting news that was announced this afternoon alongside our earnings release. I am thrilled to announce that our board of directors has appointed Brad Paulson, currently serving as president, to succeed me as chief executive officer and become a member of the board of directors effective at the start of our fiscal 2026 year. I am looking forward to transitioning into the role of executive chair of the board, where I will focus on shaping our long-term strategic vision and unlocking new avenues for growth. I am incredibly proud of what we accomplished over the past 13 years, but we have even greater opportunities ahead. And Brad is an excellent partner for that journey. From day one, his deep experience across retail, commercial, and services has been evident. He brings strengths and perspectives that complement mine and, more importantly, align with the needs of our future. He's a trusted partner, a proven leader, and someone I'm confident will lead our exceptional teams and guide our company forward with clarity and purpose. Let me now pass the call over to Brad.