Welcome to our dedicated page for Floor Decor Hold news (Ticker: FND), a resource for investors and traders seeking the latest updates and insights on Floor Decor Hold stock.
Floor & Decor Holdings, Inc. (NYSE: FND) is a multi-channel specialty retailer of hard surface flooring and related accessories and a commercial flooring distributor. This news page aggregates company announcements, press releases, and other updates that reflect how Floor & Decor operates in the home centers segment of the retail trade sector.
According to its public communications, Floor & Decor regularly issues news about new warehouse-format store openings and design centers across the United States. Recent announcements have highlighted grand openings in markets such as Dearborn in Michigan, Vancouver and Woodinville in Washington, Mount Pleasant in South Carolina, Eagle in the greater Boise area in Idaho, Cortlandt Manor in New York, and Murfreesboro in Tennessee. These releases typically describe the in-stock assortment of laminate and vinyl, tile, wood, and natural stone flooring, along with decorative accessories, wall tile, installation materials, and adjacent categories available at everyday low prices.
Investors and customers can also find financial results and corporate updates in Floor & Decor’s news. For example, the company has announced quarterly financial results, including net sales, comparable store sales, and store counts, as well as leadership transition plans such as the appointment of a new Chief Executive Officer and the transition of the prior CEO to Executive Chair of the Board.
Another recurring theme in the company’s news is its focus on professional customers. Releases describe PRO Services, the PRO Premier Rewards Program, and events like PRO Industry Networking Events and PRO Block Parties, which are aimed at professionals in the construction, renovation, and flooring industries. News items also cover community-focused events around store openings, such as ribbon cutting ceremonies, Super Saturday celebrations, and promotional sweepstakes.
For anyone following FND news, this page provides a centralized view of Floor & Decor’s store expansion, financial reporting announcements, leadership updates, and professional and community engagement activities over time.
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 February 23, 2023, after market close. A conference call to discuss these results will take place at 5:00 p.m. Eastern Time. Interested parties can access a live audio webcast through ir.flooranddecor.com. Additionally, a recorded replay will be available approximately three hours after the call and can be accessed via the same link until March 2, 2023. Floor & Decor operates 178 stores across 35 states, offering a wide range of hard-surface flooring options.
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.
Floor & Decor Holdings, Inc. (NYSE: FND) announced the promotion of Bryan Langley to Executive Vice President and Chief Financial Officer effective November 29, 2022. Langley, who has been with the company since 2014, succeeds Trevor Lang, now President. He will oversee finance functions, including accounting, financial planning, and treasury. CEO Tom Taylor praised Langley’s financial expertise and leadership. Floor & Decor operates 178 stores across 35 states, specializing in hard-surface flooring and related products.