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Floor & Decor Announces Grand Opening of Four New Stores Across the U.S.

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Floor & Decor (NYSE: FND), a leading high-growth retailer specializing in hard-surface flooring, has announced the grand openings of four new stores across the U.S. The new locations are in North Kansas City, Missouri; Austell-Mableton, Georgia; Turnersville, New Jersey; and Davie, Florida. Each store will offer a broad selection of tile, wood, natural stone, and other hard-surface flooring products in stock.

To celebrate the openings, Floor & Decor will host ribbon-cutting ceremonies, PRO networking events, $5,000 floor makeover sweepstakes, and local community events at each new store. The company is also running a 'Crack the Code' promotion where the first 200 customers can win up to $100,000. Floor & Decor's expansion demonstrates its continued growth and commitment to serving homeowners and professionals nationwide.

Floor & Decor (NYSE: FND), un rivenditore leader in forte crescita specializzato in pavimenti in superficie dura, ha annunciato le grand openings di quattro nuovi negozi negli Stati Uniti. Le nuove sedi si trovano a North Kansas City, Missouri; Austell-Mableton, Georgia; Turnersville, New Jersey; e Davie, Florida. Ogni negozio offrirà un'ampia selezione di piastrelle, legno, pietra naturale e altri prodotti per pavimenti in superficie dura disponibili in magazzino.

Per celebrare le aperture, Floor & Decor ospiterà cerimonie di inaugurazione, eventi di networking PRO, un concorso per un makeover del pavimento da $5,000 e eventi nella comunità locale in ciascun nuovo negozio. L'azienda sta inoltre dando vita a una promozione chiamata 'Crack the Code', dove i primi 200 clienti possono vincere fino a $100,000. L'espansione di Floor & Decor dimostra la sua continua crescita e impegno a servire proprietari di abitazione e professionisti in tutto il paese.

Floor & Decor (NYSE: FND), un minorista líder en crecimiento especializado en pisos de superficie dura, ha anunciado las grandes aperturas de cuatro nuevas tiendas en los EE. UU. Las nuevas ubicaciones están en North Kansas City, Missouri; Austell-Mableton, Georgia; Turnersville, Nueva Jersey; y Davie, Florida. Cada tienda ofrecerá una amplia selección de azulejos, madera, piedra natural y otros productos de pisos de superficie dura en existencia.

Para celebrar las aperturas, Floor & Decor organizará ceremonias de corte de cinta, eventos de networking para PRO, sorteos de renovación de pisos de $5,000 y eventos comunitarios locales en cada nueva tienda. La compañía también está llevando a cabo una promoción llamada 'Crack the Code' en la que los primeros 200 clientes pueden ganar hasta $100,000. La expansión de Floor & Decor demuestra su continuo crecimiento y compromiso para servir a propietarios y profesionales en todo el país.

Floor & Decor (NYSE: FND)는 하드 서페이스 바닥재를 전문으로 하는 고성장 소매업체로서 미국 전역에서 새로운 네 개의 매장을 grand opening한다고 발표했습니다. 새로운 위치는 미주리주 노스 캔사스 시티, 조지아주 오스텔-메이블턴, 뉴저지주 터너스빌, 플로리다주 데이비입니다. 각 매장에서는 타일, 목재, 자연석 및 기타 하드 서페이스 바닥재 제품의 폭넓은 선택을 재고로 제공합니다.

개점 기념으로 Floor & Decor는 각 신규 매장에서 리본 커팅 행사, PRO 네트워킹 이벤트, $5,000 바닥 변화 공모전 및 지역 사회 이벤트를 개최할 예정입니다. 또한, 첫 200명의 고객이 최대 $100,000를 받을 수 있는 'Crack the Code' 프로모션을 진행합니다. Floor & Decor의 확장은 지속적인 성장과 전국의 주택 소유자 및 전문가를 지원하겠다는 의지를 보여줍니다.

Floor & Decor (NYSE: FND), un détaillant leader en forte croissance spécialisé dans les revêtements de sol en surface dure, a annoncé les grandes ouvertures de quatre nouveaux magasins aux États-Unis. Les nouveaux emplacements se trouvent à North Kansas City, Missouri; Austell-Mableton, Géorgie; Turnersville, New Jersey; et Davie, Floride. Chaque magasin proposera une large sélection de carreaux, de bois, de pierre naturelle et d'autres produits de revêtements de sol en surface dure disponibles en stock.

Pour célébrer les ouvertures, Floor & Decor organisera des cérémonies d'inauguration, des événements de réseautage PRO, des concours de transformation de sol de 5 000 $ et des événements communautaires locaux dans chaque nouveau magasin. L'entreprise lance également une promotion 'Crack the Code' où les 200 premiers clients peuvent gagner jusqu'à 100 000 $. L'expansion de Floor & Decor démontre sa croissance continue et son engagement à servir les propriétaires et les professionnels à l'échelle nationale.

Floor & Decor (NYSE: FND), ein führender schnell wachsender Einzelhändler, der sich auf harte Bodenbeläge spezialisiert hat, hat die Eröffnungen von vier neuen Filialen in den USA angekündigt. Die neuen Standorte befinden sich in North Kansas City, Missouri; Austell-Mableton, Georgia; Turnersville, New Jersey; und Davie, Florida. Jede Filiale wird eine breite Auswahl an Fliesen, Holz, Naturstein und anderen harten Bodenbelägen auf Lager anbieten.

Zur Feier der Eröffnungen wird Floor & Decor Eröffnungsfeiern mit Banddurchschnitt, PRO-Netzwerkveranstaltungen, ein Gewinnspiel für Fußbodenrenovierungen im Wert von 5.000 USD und lokale Gemeinschaftsveranstaltungen in jeder neuen Filiale ausrichten. Das Unternehmen führt auch eine 'Crack the Code'-Promotion durch, bei der die ersten 200 Kunden bis zu 100.000 USD gewinnen können. Die Expansion von Floor & Decor zeigt das fortwährende Wachstum und das Engagement des Unternehmens, Hausbesitzern und Fachleuten im ganzen Land zu dienen.

Positive
  • Expansion of retail footprint with four new store openings
  • Broad in-stock selection of hard-surface flooring products
  • Hosting promotional events to attract customers and professionals
  • $5,000 floor makeover sweepstakes at each new location
  • Named to Yelp's 'Most Loved Brands' list in 2023
Negative
  • None.

Insights

Floor & Decor's expansion with four new store openings across the U.S. signals strong growth momentum for the company. This move aligns with their high-growth strategy and expands their market presence in key regions. The simultaneous openings demonstrate the company's operational efficiency and ability to execute large-scale expansions.

The new locations in Missouri, Georgia, New Jersey and Florida are strategically chosen to tap into diverse markets, potentially increasing market share and revenue streams. The emphasis on in-stock, ready-to-go products caters to both homeowners and professionals, which could drive immediate sales and customer acquisition.

The grand opening events, including PRO networking and sweepstakes, are smart marketing tactics to generate buzz and attract both retail and professional customers. The $5,000 floor makeover sweepstakes and $100,000 "Crack the Code" promotion could significantly boost initial foot traffic and engagement.

While store expansions are generally positive, investors should monitor the costs associated with rapid expansion and its impact on short-term profitability. The success of these new locations will be important in justifying the expansion strategy and supporting long-term growth.

The opening of four new stores represents a significant expansion of Floor & Decor's retail footprint. This move is likely to increase revenue potential but may also lead to higher operating expenses in the short term. Investors should watch for the impact on the company's cash flow and profitability metrics in upcoming quarterly reports.

With a market cap of $12.85 billion, FND is positioning itself for continued growth in the competitive home improvement sector. The focus on hard-surface flooring, a high-margin product category, could contribute positively to the company's gross profit margins if the new stores perform well.

The expansion strategy aligns with the company's high-growth reputation, which may support investor confidence. However, it's important to monitor same-store sales growth in existing locations to ensure the expansion isn't cannibalizing current store performance.

The PRO Premier Rewards program mentioned could be a key driver for customer retention and recurring revenue from professional customers, potentially enhancing long-term value. Overall, this expansion appears positive but requires careful execution to translate into shareholder value.

- Leading high-growth retailer specializing in hard-surface flooring offers homeowners and professionals the industry's broadest in-stock selection of tile, natural wood, natural stone and more opens four new locations in Florida, Georgia, Missouri and New Jersey -

ATLANTA--(BUSINESS WIRE)-- Floor & Decor (NYSE: FND), the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, has announced the grand openings of four new stores across the U.S. The new locations include North Kansas City, Missouri; Austell-Mableton, Georgia; Turnersville, New Jersey; and Davie, Florida. Each new store will offer homeowners and professionals a broad selection of tile, wood, natural stone, and other hard-surface flooring products, all in stock and ready to go.

“2024 has been a year of tremendous growth for Floor & Decor across the nation, and we’re thrilled to open our doors to four new locations today,” said Wendy Martin, Floor & Decor’s Chief Marketing Officer. “For more than two decades, Floor & Decor has had the opportunity to serve professionals and homeowners throughout the nation, and we are excited to expand our footprint even further. We look forward to welcoming our newest neighbors into our stores and making their renovation journeys easier, inspired and more affordable.”

In celebration of the grand openings, Floor & Decor will host a ribbon-cutting and light refreshments, along with PRO networking events with the chance to win incredible prizes, a $5,000 floor makeover sweepstakes, and a local community event at each new store location.

Calling All PROs

In appreciation of its valued builders, contractors, architects, designers, remodelers, flooring installers and realtors, Floor & Decor welcomes its Pro network to each of the new locations with a special Pro Industry Networking Event. During the events, visitors will get to meet the Pro Services Team, interact with supplier representatives, and learn about Floor & Decor’s Pro services and industry-leading Pro Premier Rewards program.

$5,000 Floor Makeover Sweepstakes*

In addition, each store will be giving away a $5,000 Floor Makeover as a part of its grand opening festivities.

Family-Friendly “Best in Town” Events and “Crack the Code” Giveaways*

Following the grand openings, each store will host a family-friendly “Best In Town” event and partner with local businesses to promote the new store location. In addition, the first 200 customers will have the opportunity to enter a five-digit code of their choice to see if they “Crack the Code” and win $100,000.

New Store Location and Opening Event Details

Davie, Florida

  • Location: 8944 W State Rd 84, Davie, FL 33324
  • Grand Opening Ribbon Cutting: October 7 at 1pm ET
  • Best in Town Event: October 12 at 10am ET: Ruthy’s Bakery will be onsite giving away empanadas and The Wild Mug Coffee Bar will give away free iced or hot coffee to the first 200 customers. In addition to the grand opening activities, through Floor & Decor’s Community Impact Local Grant program, the retailer will donate an in-kind contribution to the organization Rebuilding Together Broward to support their local efforts.
  • Pro Networking Event: October 3: RSVP here for a chance to win $10k and other great prizes like an iPad, Floor & Decor gift cards, YETI Cooler, GoPro and more.
  • Floor Makeover Sweepstakes: Now through December 2, 2024, customers have the chance to register to win these prizes at www.floormakeoverdavie.com.
  • Store Hours: Monday - Friday 6am-7pm, Saturday 8am-7pm, Sunday 10am-6pm
  • Phone: 954-513-4441

Austell, Georgia

  • Location: 1355 East-West Connector, Suite #101, Austell, GA 30106
  • Grand Opening Ribbon Cutting: October 2 at 12pm ET
  • Best in Town Event: October 5 at 10am ET: Paige’s Bistro will be onsite giving away cobblers and lemonade and WellSpa will be onsite giving away free massages and an opportunity to win a $200 gift card to the first 200 customers
  • Pro Networking Event: October 10: RSVP here for a chance to win a 2024 Chevrolet Colorado and other prizes including an iPad, Apple Watch, YETI Cooler, Carhartt Duffle, and more.
  • Store Hours: Monday-Friday; 7am-8pm, Saturday 8am-7pm, Sunday 10am-6pm ET
  • Phone: 770-200-0097

Kansas City, Missouri

  • Location: 9125 N Platte Purchase Drive, Kansas City, MO 64155
  • Grand Opening Ribbon Cutting: October 3 at 10am CT.
  • Best in Town Event: October 5 at 10am CT: The Blackhole Bakery will be onsite giving away free pastries, and The Corner Candle Shop will be onsite giving away mini candles to the first 200 customers
  • Pro Networking Event: October 10: RSVP here for a chance to win a 2024 Chevrolet Colorado and other prizes including an iPad, Apple Watch, YETI Cooler, Carhartt Duffle, and more
  • Store Hours: Monday-Friday; 6am-7pm, Saturday 8am-7pm, Sunday 10am-6pm CT
  • Phone: 816-683-7783

Turnersville, New Jersey

  • Location: 5901 Route 42, Turnersville, NJ 08012
  • Grand Opening Ribbon Cutting: October 3 at 12pm ET
  • Best in Town Event: October 5 at 10am ET: Platinum House of Sweets will be onsite giving away cookies and Corks and Candles will be onsite giving candles to the first 200 customers
  • Pro Networking Event: October 3: RSVP here for a chance to win $10,000 cash and other great prizes including an iPad, Apple Watch, YETI Cooler, Carhartt Duffle, and more
  • Store Hours: Monday-Friday; 7am-8pm, Saturday 8am-7pm, Sunday 10am-6pm ET
  • Phone: 856-270-8555

In 2023, Floor & Decor was named to Yelp’s “Most Loved Brands” list, which honors the most loved brands on the consumer reviews platform.

For more information on Floor & Decor, please visit https://www.flooranddecor.com/ and on Facebook (www.facebook.com/flooranddecor).

About Floor & Decor: Founded in 2000, Atlanta-based Floor & Decor is a leading high-growth specialty retailer of hard-surface flooring, operating more than 230 warehouse-format stores and five design studios across 36 states. The stores offer homeowners and professionals the industry’s broadest in-stock selection of tile, wood, natural stone, and laminate and luxury vinyl plank under one roof. In addition, Floor & Decor stocks the necessary tools, decorative materials, wall tile, and related accessories for hard-surface flooring projects. Its Low-Price Promise assures everyday low prices on all tile, wood, stone and installation products, and if you find a lower price on the same product, upon verification, Floor & Decor will honor it. Stores carry over 1 million square feet of in-stock flooring and offer free design services, as well as a dedicated pro sales team. The company directly sources products from manufacturers around the globe, which enables it to bring innovative flooring trends to its customers, at everyday low prices. Floor & Decor has locations nationwide, but each store is bolstered by a local focus that creates a store experience and mix of products that meet the needs of each market served.

* Must be at least 18 years old to enter the $5,000 Floor Makeover Sweepstakes, Crack the Code and Chevrolet Colorado giveaways.

MEDIA CONTACT: Emma Barber

Floor & Decor

emma.barber@ageanpr.com

973-738-7637

Source: Floor & Decor Holdings, Inc.

FAQ

Where are the new Floor & Decor (FND) stores opening?

Floor & Decor (FND) is opening new stores in North Kansas City, Missouri; Austell-Mableton, Georgia; Turnersville, New Jersey; and Davie, Florida.

What promotions is Floor & Decor (FND) offering for its new store openings?

Floor & Decor (FND) is offering $5,000 floor makeover sweepstakes, PRO networking events, 'Crack the Code' giveaways with a chance to win $100,000, and local community events at each new store location.

When are the grand opening events for the new Floor & Decor (FND) stores?

The grand opening ribbon-cutting events are scheduled for October 2 in Austell, October 3 in Turnersville and North Kansas City, and October 7 in Davie.

What products does Floor & Decor (FND) offer in its new stores?

Floor & Decor (FND) offers a broad selection of tile, wood, natural stone, and other hard-surface flooring products, all in stock and ready for immediate purchase.

Floor & Decor Holdings, Inc.

NYSE:FND

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