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) announced the nomination of Melissa Kersey to its Board of Directors, to be voted on during the Annual Meeting on May 10, 2023. Kersey, currently the Executive Vice President and Chief Human Resources Officer at Tractor Supply Company, brings extensive experience from Walmart and McDonald's USA. Chairman Norman Axelrod emphasized her expertise in leadership development, diversity, and organizational effectiveness will be vital as Floor & Decor aims to expand to 500 warehouse stores across the U.S.
Floor & Decor Holdings reported impressive financial results for the fourth quarter of fiscal 2022, with net sales rising 14.6% to $1,048.1 million year-over-year. Comparable store sales grew 2.5%, while diluted earnings per share increased 39.1% to $0.64. For the fiscal year, net sales surged 24.2% to $4,264.5 million, and net income rose 5.3% to $298.2 million. The company opened 32 new warehouse stores in 2022 and aims to continue this expansion with an expected 32 to 35 new stores in 2023. The guidance for fiscal 2023 includes projected net sales between $4,610 million and $4,750 million.
Floor & Decor (NYSE: FND) announces the opening of its new warehouse store in Lafayette, Louisiana, marking its first location in the area. This store, set to open with around 50 associates, aims to provide a wide variety of flooring solutions for both professionals and homeowners. A special PRO VIP Grand Opening event will be held on February 9, featuring opportunities to win prizes including a Chevrolet Silverado truck. Customers can also participate in a $5,000 Floor Makeover Sweepstakes from February 13 to April 12. Floor & Decor, founded in 2000, operates 178 stores nationwide, offering a robust selection of flooring products.
Floor & Decor Holdings, Inc. (NYSE: FND) will release its financial results for Q4 2022 on
Floor & Decor (NYSE: FND) has announced the grand opening of its sixth warehouse store in Arizona, located in Surprise, on January 23, 2023. This location will create approximately 50 jobs and aims to serve both professional customers and homeowners. The company is hosting a $5,000 Floor Makeover Sweepstakes from January 23 to March 22, 2023, inviting customers to register online. Additionally, a special PRO VIP event for industry professionals is scheduled for February 2, 2023, featuring various prizes and networking opportunities. As of September 29, 2023, Floor & Decor operates 178 stores across 35 states.
Floor & Decor (NYSE: FND) has opened a new warehouse store in Ypsilanti, Michigan, marking its third location in the state. The grand opening on December 16, 2022, features approximately 45 staff members and an extensive selection of flooring options. A $5,000 Floor Makeover Sweepstakes will run until February 1, 2023, alongside giveaways for local professionals. Floor & Decor operates 178 stores across 35 states, with a focus on providing quality products and services to both homeowners and professionals.
Floor & Decor (NYSE: FND) has opened its 12th warehouse store in Houston, Texas, on December 16, 2022. The new location is set to enhance accessibility for both professional and residential customers, offering a wide range of flooring products. The grand opening features a $5,000 Floor Makeover giveaway and a special PRO VIP event for industry professionals on February 2, 2023. Founded in 2000, the company operates 178 stores across 35 states, providing an extensive selection of hard-surface flooring and design services.
Floor & Decor (NYSE: FND) has opened a new warehouse store in Rancho Cordova, California, on December 8, 2022, marking its 27th location in the state. The store, staffed by about 50 associates, aims to serve both professionals and homeowners with a wide selection of flooring options and free design services. As part of the grand opening, customers can enter to win a $5,000 Floor Makeover. The company also invites professionals to a special event on January 26, featuring giveaways and opportunities to learn about their services.
Floor & Decor, a leading specialty retailer of hard-surface flooring, celebrated the grand opening of its newest location in Brentwood, Tennessee on December 8, 2022. This marks the company’s fourth store in Tennessee, employing about 50 associates. With a focus on both professional customers and homeowners, the store offers a vast selection of flooring options and free design services. The grand opening features a $5,000 Floor Makeover Sweepstakes and a special PRO VIP event planned for January 31, highlighting the company’s commitment to local professionals.
Floor & Decor Holdings, Inc. (NYSE: FND) will participate in a Fireside Chat at the Morgan Stanley Global Consumer and Retail Conference on December 7, 2022, at 8:45 a.m. Eastern Time. The event will be webcast live and can be accessed through the Company’s Investor Relations website. As of September 29, 2022, Floor & Decor operates 178 warehouse-format stores and five design studios across 35 states, offering a wide variety of hard-surface flooring and related products at competitive prices.
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