Welcome to our dedicated page for Floor & Decor Holdings news (Ticker: FND), a resource for investors and traders seeking the latest updates and insights on Floor & Decor Holdings 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, Inc. (NYSE: FND) will present at the Goldman Sachs Retail Conference on September 10, 2021, at 10:50 am ET. The presentation will be available via live webcast on the Company’s Investor Relations website, with an archive accessible afterwards. As of Q2 2021, Floor & Decor operates 147 stores and two design studios across 33 states, offering a wide range of hard-surface flooring products at low prices. Founded in 2000, the company is based in Atlanta, Georgia.
Floor & Decor Holdings, Inc. (NYSE: FND) has appointed Dwight James, Senior VP at Delta Air Lines and CEO of Delta Vacations, to its Board of Directors, effective September 30, 2021. This appointment follows the resignation of David Kaplan, Co-Founder of Ares Management Corporation, from the same Board. Tom Taylor, CEO of Floor & Decor, expressed enthusiasm for James's expertise in customer engagement and digital strategy, which could enhance the company's growth plans. Kaplan acknowledged the company's success during his tenure and expressed confidence in its future.
Floor & Decor (NYSE: FND) is set to open its 150th store in South Austin, Texas, on August 18, 2021. This location will feature an 80,000 square-foot retail space and a team of approximately 50 associates. The store aims to cater to both professional customers and homeowners with a wide selection of flooring options, complemented by free design services. To celebrate, the store will host a $5,000 Floor Makeover Sweepstakes, along with promotions for local professionals. Founded in 2000, Floor & Decor specializes in hard-surface flooring and currently operates 147 stores across 33 states.
Floor & Decor (NYSE: FND) is set to open a new 80,000 square-foot store in Columbia, South Carolina on August 17, 2021. This location aims to serve both professionals and homeowners with an extensive array of flooring options and free design services. As part of the grand opening, customers can enter to win a $5,000 Floor Makeover. The store also invites local professionals for tours and giveaways, including a chance to win a Chevrolet Colorado. Floor & Decor operates 147 stores across 33 states, providing a broad selection of hard-surface flooring solutions.
Floor & Decor recorded remarkable financial results for Q2 2021, with net sales soaring by 86.0% to $860.1 million compared to Q2 2020. The company achieved a 68.4% increase in comparable store sales. Operating income surged 367.3% to $98.6 million, resulting in an operating margin increase of 690 basis points to 11.5%. Net income rose 159.1% to $82.9 million, while diluted EPS increased by 156.7% to $0.77. The company plans to open 27 new warehouse stores in fiscal 2021, reflecting a growth of 20.3% from the previous year.
Floor & Decor (NYSE: FND) is set to enhance its market presence by opening a new store in Commack, New York, on July 27, 2021. The 95,000 sq. ft. location will employ around 50 staff and cater to both professionals and homeowners. To celebrate, the store will host a $5,000 Floor Makeover Sweepstakes and offer exclusive prizes for local professionals visiting the new site. Floor & Decor, established in 2000, currently operates 140 warehouse stores nationwide, providing an extensive in-stock selection of flooring and related materials.
Floor & Decor Holdings, Inc. (NYSE: FND) is set to release its financial results for Q2 fiscal 2021 on August 5, 2021, after market close. The company will hold a conference call at 5:00 p.m. ET to discuss these results. Investors can access a live audio webcast on their Investor Relations website. A recorded replay of the call will also be available shortly after its conclusion. Floor & Decor operates 140 warehouse-format stores and two design centers, offering a wide range of hard-surface flooring and installation accessories.
Floor & Decor (NYSE: FND) is set to expand its presence with the opening of a new store in Bakersfield, California, on June 30, 2021. The 80,000 square-foot facility will employ around 50 staff members. The store aims to cater to both professional customers and homeowners, offering a wide selection of flooring options and free design services. As part of its grand opening, the store will host a $5,000 Floor Makeover Sweepstakes and encourage local professionals to schedule tours, featuring further giveaways. Floor & Decor operates 140 stores nationwide, specializing in hard-surface flooring.
Floor & Decor (NYSE: FND) expands its presence with the opening of a new 78,000 square-foot store in West Des Moines, Iowa on June 23, 2021. The store, led by Chief Executive Merchant Matt Beckman, aims to cater to both professional customers and homeowners by offering a vast selection of quality flooring options. To celebrate its grand opening, the store will host a $5,000 Floor Makeover Sweepstakes and invite industry professionals for personal tours, with exclusive prize opportunities. Floor & Decor operates 140 warehouse stores across 32 states.
Floor & Decor (NYSE: FND) is set to enhance its presence in the U.S. with the opening of a new 100,000 square-foot store in Fairfield, Connecticut on June 21, 2021. The store, featuring a team of approximately 50 associates, aims to serve both professional customers and homeowners, offering a wide array of flooring options and free design services. As part of its grand opening, the store will host a $5,000 Floor Makeover Sweepstakes. Additionally, local professionals are invited for exclusive store tours, with chances to win prizes, reinforcing Floor & Decor's commitment to community and professional partnerships.
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