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) will present at the Evercore ISI Consumer & Retail Summit on June 16, 2021, at 1:15 PM ET. The presentation will be webcast live and accessible on the Company’s Investor Relations website. As of Q1 2021, Floor & Decor operates 140 warehouse-format stores and two design centers across 32 states, offering a wide range of hard-surface flooring products at competitive prices. Founded in 2000 and headquartered in Atlanta, Georgia, the Company continues to expand its retail footprint and product offerings.
Floor & Decor (NYSE: FND) is set to expand its operations with a new 58,000 square-foot store opening in Tulsa, Oklahoma on June 7, 2021. The store will employ around 50 associates and offers a wide selection of flooring options for both professional and DIY customers. To celebrate the opening, the store will host a $5,000 Floor Makeover Sweepstakes and invite local professionals for exclusive tours and giveaways. Floor & Decor operates 140 locations across 32 states, providing a comprehensive range of flooring materials and services.
Floor & Decor (NYSE: FND) announces the opening of its new location in Greenwood, Indiana, on June 7, 2021. The 68,000 square-foot store will employ around 50 associates and offer a wide range of hard-surface flooring options. Customers can enter a $5,000 Floor Makeover Sweepstakes during the grand opening. The store also invites professionals to schedule tours and participate in exclusive giveaways. Floor & Decor operates 140 stores across 32 states, providing a diverse selection of flooring products and free design services.
Floor & Decor Holdings plans to present at Baird’s 2021 Global Consumer, Technology & Services Conference on June 8, 2021, at 2:00 PM ET. The live audio webcast will be available on the Company's Investor Relations website, with an archive to follow. As of Q1 2021, Floor & Decor operates 140 warehouse-format stores and two design centers across 32 states, offering a variety of in-stock hard-surface flooring options at competitive prices. Founded in 2000, the Company is headquartered in Atlanta, Georgia.
Floor & Decor Holdings, Inc. (NYSE: FND) will present at the William Blair 41st Annual Growth Stock Conference on June 2, 2021, at 12:40 pm Central Time. The presentation will be available via live webcast on the Company's Investor Relations website. As of Q1 2021, Floor & Decor operates 140 warehouse-format stores and two design centers across 32 states, offering a wide range of hard-surface flooring and installation accessories at competitive prices. Founded in 2000, the company is headquartered in Atlanta, Georgia.
Floor & Decor (NYSE: FND) is set to open a new 80,000 square-foot location in Fresno, California on May 19, 2021, creating approximately 45 job opportunities. The store aims to serve both professionals and homeowners with a wide selection of flooring options, competitive pricing, and complimentary design services. To celebrate the grand opening, the company will host a $5,000 Floor Makeover Sweepstakes. Additionally, local professionals can schedule personal tours and participate in exclusive giveaways. Floor & Decor operates 140 warehouse stores across 32 states, offering diverse flooring solutions.
Floor & Decor (NYSE: FND) has announced its acquisition of 100% of Spartan Surfaces for up to $90 million, with part of the payment contingent on achieving specific fiscal performance goals through 2024. This transaction, expected to close in Q2 of fiscal 2021, will be financed using cash and $5 million in FND common stock. Though anticipated to be accretive, it is not expected to materially impact 2021 earnings per share. Spartan Surfaces will retain its management team and operate as a subsidiary, leveraging Floor & Decor's extensive resources to enhance growth in the commercial flooring market.
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.
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