Welcome to our dedicated page for Floor Decor Hold news (Ticker: FND), a resource for investors and traders seeking the latest updates and insights on Floor Decor Hold stock.
Floor & Decor Holdings, Inc. (symbol: FND) operates as a specialty retailer in the hard surface flooring market. Known for offering a vast selection of tile, wood, laminate, and natural stone flooring products, Floor & Decor provides everyday low prices to a diverse range of customers. This includes professional installers, commercial enterprises, and Do It Yourself (DIY) enthusiasts. The company also supports customers who prefer to purchase products for professional installation.
Founded with a vision to revolutionize the flooring industry, Floor & Decor has grown rapidly, establishing a significant presence across the United States with over 100 stores. Their unique shopping experience includes inspirational displays and exceptional customer service, ensuring that every visit is memorable. The company's e-commerce platform further extends its reach, allowing customers to shop conveniently online.
Recognized as one of Fortune's 100 fastest-growing companies in 2020, Floor & Decor attributes its success to the hard work and collaboration of its dedicated associates. The company's culture promotes teamwork, innovation, and the entrepreneurial spirit, making it an exciting place to work and grow. Floor & Decor is continuously looking for talented individuals with a strong work ethic and a passion for helping others to join their team.
Financially, Floor & Decor remains robust, thanks to its strategic partnerships, diverse product offerings, and focus on customer satisfaction. The company's ongoing projects aim to expand its store network and enhance its product range, ensuring it remains at the forefront of the flooring retail industry.
Floor & Decor Holdings (NYSE: FND) reported Q4 2024 financial results with net sales of $1,107.4 million, up 5.7% year-over-year, despite a 0.8% decrease in comparable store sales. The company's Q4 diluted earnings per share reached $0.44, a 29.4% increase from $0.34 in Q4 2023, including a $0.05 benefit from litigation settlement.
For full-year 2024, net sales increased 0.9% to $4,455.8 million, while comparable store sales declined 7.1%. The company opened 30 new warehouse stores in 2024, ending the year with 251 stores across 38 states. Operating income decreased 20.3% to $256.2 million, and diluted EPS fell 16.7% to $1.90.
Looking ahead to fiscal 2025, FND expects net sales between $4,740-$4,900 million, comparable store sales of flat to 3.0% growth, and plans to open 25 new warehouse stores.
Floor & Decor Holdings (NYSE: FND) has announced it will release its fourth quarter fiscal 2024 financial results after market close on Thursday, February 20, 2025. The company will host a conference call at 5:00 p.m. Eastern Time to discuss the results.
A live audio webcast and related materials will be available at ir.flooranddecor.com. A replay will be accessible online and via phone (844-512-2921 for domestic, 412-317-6671 for international callers) using pin 13750991 until February 27, 2025.
Floor & Decor Holdings (NYSE: FND) has announced the appointment of Bradley Paulsen as President, effective April 28, 2025. Paulsen, who currently serves as CEO, North America for Rentokil Initial plc, will report to Tom Taylor, CEO of Floor & Decor.
Paulsen brings significant experience from previous leadership positions at Rexel USA, HD Supply, and The Home Depot. His expertise spans retail, commercial, and service-based organizations, with particular strength in home improvement, merchandising, retail and commercial sales, and supply chain operations.
The appointment aims to support Floor & Decor's next growth phase, with Paulsen's customer service and associate support principles aligning with the company's core values of providing high-quality, trend-setting hard surface flooring products at everyday low prices.
Floor & Decor (NYSE: FND) has announced the grand opening of its newest warehouse location in Covington, Louisiana, marking its expansion in the New Orleans metropolitan area. The new store, located at 7409 Pinnacle Pkwy, has hired approximately 50 full-time and part-time associates and is led by Kimberly Joseph as Chief Executive Merchant.
The company, which operates more than 240 warehouse-format stores and five design studios across 38 states, offers a comprehensive selection of hard-surface flooring products. The Covington location will host several opening events, including a Pro Industry Networking Event on February 20 and a family-friendly Best In Town event on February 1. The store is also running two promotions: a $5,000 Floor Makeover sweepstakes through March 29 and a Crack the Code game offering customers a chance to win $100,000.
Floor & Decor (NYSE: FND) has announced the grand opening of its newest warehouse location in Venice, Florida, marking its 33rd warehouse location in the state. The store, located at 4411 South Tamiami Trail, opened with approximately 45 full-time and part-time associates under the leadership of Nataliia Roberts, the store's Chief Executive Merchant.
The company operates more than 240 warehouse-format stores and five design studios across 38 states, offering a comprehensive selection of hard-surface flooring products. The Venice location will celebrate its opening with a ribbon-cutting ceremony on January 14 and will host a PRO Industry Networking Event on February 1, featuring prizes valued at over $10,000. Additionally, the store is running a $5,000 Floor Makeover sweepstakes through March 1 and will host a family-friendly Best In Town event featuring local vendors.
Floor & Decor (NYSE: FND) has announced the grand opening of its eighth warehouse location in Littleton, Colorado, at 8055 West Bowles Ave. The new store, led by Chief Executive Merchant Bridget Johnson, opens with approximately 50 full-time and part-time associates. The company is planning several grand opening events, including a ribbon-cutting ceremony on January 3, 2025, a Pro Industry Networking Event on January 14, 2025, and a family-friendly Best In Town event on January 25, 2025. The store is offering various promotional activities including a $5,000 Floor Makeover sweepstakes and a Crack the Code game with a $100,000 prize opportunity.
Floor & Decor (NYSE: FND) has announced the grand opening of its fifth warehouse location in Seattle, Washington at 13200 Aurora Ave North. The new store, led by Chief Executive Merchant Melissa Graham, opened with approximately 50 full-time and part-time associates. The company is celebrating with multiple events, including a ribbon cutting ceremony on December 19th, a Pro Industry Networking Event on January 23rd featuring a Chevrolet Colorado Truck giveaway, and a Best In Town event on January 25th with a $100,000 Crack the Code game. Additionally, the store is offering a $5,000 Floor Makeover sweepstakes running through February 18, 2025.
Floor & Decor (NYSE: FND) has opened its first Pensacola location at 7171 North Davis Highway, marking its expansion in Florida. The new store and design center employs approximately 50 associates and is led by Chief Executive Merchant, Sue Sears. The company will celebrate with a ribbon-cutting ceremony on December 19 and host several events including a Pro Industry Networking Event on February 18, 2025, offering professionals chances to win prizes including a Chevrolet Colorado truck. The store is also running a $5,000 Floor Makeover sweepstakes through February 25, 2025, and will host a family event on February 22, 2025, where the first 200 attendees can participate in a $100,000 Crack the Code contest.
Floor & Decor (NYSE: FND) has announced the grand opening of its second warehouse location in the Cincinnati metropolitan area at 7250 Cabela Drive in West Chester, Ohio. The new store, led by Chief Executive Merchant Sonya Roberts, opened with approximately 50 full-time and part-time associates. The company is celebrating with multiple events, including a ribbon cutting ceremony on November 25, a Pro Industry Networking Event on February 20, and a family-friendly Best In Town event on January 18, 2025. The store is offering various promotions including a $5,000 Floor Makeover sweepstakes and a $100,000 Crack the Code game for the first 200 customers during the Best In Town event.
Floor & Decor (NYSE: FND) has announced the grand opening of its fifth warehouse location in the Austin metropolitan area, located in Georgetown, Texas. The new store, led by William Muench, opened with approximately 50 full-time and part-time associates. The company is celebrating with multiple events, including a ribbon cutting ceremony on November 19, a Pro Industry Networking Event on January 23 where professionals can win prizes up to $10,000, and a Best in Town event on November 23 featuring a $100,000 Crack the Code game. Additionally, customers can enter to win a $5,000 Floor Makeover through January 20, 2025.
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