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 (NYSE: FND) reported a strong financial performance for Q1 2021, with net sales rising 41.0% to $782.5 million from $554.9 million year-over-year. Comparable store sales increased 31.1%, driven by robust demand across all categories. Operating income surged 105.6% to $95.9 million, while net income jumped 104.5% to $75.8 million. Diluted EPS rose to $0.71, reflecting a 102.9% increase. The company plans to open 27 new warehouse stores in fiscal 2021 and maintains a cautious outlook regarding the ongoing impact of the COVID-19 pandemic.
Floor & Decor (NYSE: FND) is set to open a new 80,000 square-foot store in Greenville, South Carolina, on May 13, 2021, expanding its nationwide presence. This location will employ around 50 associates and offer a range of flooring options for both professionals and homeowners. The grand opening includes a $5,000 Floor Makeover Sweepstakes and incentives for local professionals who schedule store tours. Floor & Decor currently operates 133 stores across 31 states, providing a diverse selection of flooring products at competitive prices.
Floor & Decor Holdings (NYSE: FND) will announce its Q1 fiscal 2021 financial results after market close on May 6, 2021. A conference call to discuss the results is scheduled for 5:00 p.m. ET, with a live audio webcast available on their investor relations site. A recorded replay will be accessible two hours post-call until May 13, 2021. As of the end of Q4 fiscal 2020, the company operates 133 warehouse-format stores across 31 states, offering a wide variety of flooring products at competitive prices.
Floor & Decor Holdings (NYSE:FND) has appointed William T. Giles, former CFO of AutoZone, to its Board of Directors and as Chairperson of the Audit Committee, effective April 15, 2021. CEO Tom Taylor expressed excitement about Giles' extensive experience in managing growth at a leading retailer, noting his expected contributions to the company’s strategic growth plans. Floor & Decor operates 133 stores across 31 states, focusing on a wide range of flooring products.
Floor & Decor (NYSE: FND) will open a new 75,000 square-foot store in Danbury, Connecticut on March 31, 2021. This marks the company's first location in the state, employing around 50 associates. The store will cater to both professional customers and homeowners with a wide selection of flooring products and free design services. Additionally, a $5,000 Floor Makeover Sweepstakes will commence on opening day, providing customers with a chance to win a gift card. Pros can also schedule store tours to learn more about services and products, with exclusive prizes available.
Floor & Decor Holdings, Inc. (FND) will present at the Bank of America Consumer and Retail Technology Conference on March 10, 2021, at 2:30 PM ET. The presentation will be available via live webcast on the Company's Investor Relations website, with an archive accessible later. As of the end of Q4 2020, Floor & Decor operates 133 warehouse-format stores and two design centers across 31 states, offering a wide range of flooring products including tile, wood, and natural stone.
Floor & Decor Holdings, Inc. (NYSE: FND) announced its participation in the UBS Global Consumer and Retail Virtual Conference on March 9, 2021, at 1:00 pm Eastern Time. The presentation will be accessible via live webcast through the Company’s Investor Relations website. As of the end of Q4 fiscal 2020, Floor & Decor operates 133 warehouse-format stores and two design centers across 31 states, offering a diverse selection of hard-surface flooring and installation accessories at competitive prices.
Floor & Decor Holdings reported strong financial results for the fourth quarter and fiscal year ended December 31, 2020. The fourth quarter saw net sales rise by 37.3% to $723.7 million, with comparable store sales increasing by 21.6%. Annual net sales grew 18.6% to $2.425 billion. Notably, diluted EPS increased 58.8% to $0.54. The company plans to open 27 new warehouse stores in fiscal 2021, aiming for a strong growth trajectory despite uncertainties related to the COVID-19 pandemic.
Floor & Decor Holdings, Inc. (NYSE: FND) will release its fourth-quarter fiscal 2020 financial results on February 25, 2021, after market close. Following this, a conference call is scheduled for 5:00 p.m. Eastern Time to discuss the results. The meeting can be accessed through a live audio webcast available at ir.flooranddecor.com. A replay will be available shortly after the call at the same link. The company operates 128 stores and two design centers offering a wide range of flooring products across 30 states.
Floor & Decor Holdings, Inc. (NYSE: FND) is set to present at the Morgan Stanley Global Consumer & Retail Conference on December 2, 2020, at 2:00 PM ET. The live audio presentation will be accessible via the Company's Investor Relations website and will be archived afterwards. As of the third quarter of fiscal 2020, Floor & Decor operates 128 warehouse-format stores and two design centers across 30 states, offering a wide range of hard-surface flooring products at competitive prices.
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