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 is set to open a new store in Wilmington, North Carolina on June 6, 2022, expanding its presence nationwide. The store will serve both home and professional customers, offering a wide range of hard-surface flooring options and services. As part of the grand opening, a $5,000 Floor Makeover Sweepstakes will be held, starting May 30 and ending July 3. A special event for professionals is scheduled for June 30, promoting relationships with builders and contractors. Floor & Decor operates 166 stores across 34 states as of March 31, 2022.
Floor & Decor (NYSE: FND) will open a new 85,000 sq. ft. location in Parkville, Maryland on June 2, 2022. The store aims to provide extensive flooring options for both homeowners and professionals, featuring in-stock products and free design services. The grand opening includes a $5,000 Floor Makeover Sweepstakes starting May 26 and a Pro VIP event on June 23 targeting builders and contractors. Floor & Decor continues to expand its footprint, operating 166 stores across 34 states as of March 31, 2022.
Floor & Decor Holdings, Inc. (NYSE: FND) announced its participation in the Baird 2022 Global Consumer, Technology & Services Conference on June 7, 2022, at 1:25 p.m. Eastern Time. The presentation will be available via live webcast on the Company’s Investor Relations website, with an archive accessible thereafter. As of March 31, 2022, Floor & Decor operates 166 warehouse-format stores and five design studios across 34 states, offering a wide variety of in-stock hard-surface flooring and related products at competitive prices.
For the first quarter of fiscal 2022, Floor & Decor reported a 31.5% increase in net sales, reaching $1,028.7 million, with comparable store sales up 14.3%. However, diluted earnings per share decreased 7.0% to $0.66, and adjusted diluted EPS fell 1.5% to $0.67. Operating income dipped 2.1% to $94.0 million, while net income fell 6.4% to $71.0 million. The company reaffirmed its fiscal year outlook of net sales between $4,285 and $4,375 million.
Floor & Decor is set to open a new location in Warrensville Heights, Ohio on May 5, 2022. This 80,000 square-foot store will create about 50 jobs and provide a wide selection of flooring options for both professionals and homeowners. To celebrate the opening, the store will hold a $5,000 Floor Makeover Sweepstakes. A special Pro VIP Grand Opening event is scheduled for May 26, inviting industry professionals to explore services and products. The store aims to strengthen its local community ties and cater to diverse customer needs.
Floor & Decor (NYSE: FND) is set to launch a new 80,000 square-foot warehouse and design studio in Oak Ridge North, Texas, on May 5, 2022. This location will be the company's 10th warehouse in the Houston area and will employ around 50 associates. To celebrate the grand opening, a $5,000 Floor Makeover Sweepstakes will be held, allowing customers to register for a gift card. The company aims to strengthen ties with local professionals, offering store tours and prizes to enhance community engagement.
Floor & Decor (NYSE: FND) is set to expand its presence with a new location in Cumming, Georgia, opening on May 5, 2022. This marks the eighth store in the Atlanta area, featuring a 67,000 square-foot warehouse and design center. The grand opening will include a $5,000 Floor Makeover Sweepstakes for customers, starting April 28, 2022, and ending June 4, 2022. Additionally, a special Pro VIP Grand Opening event is scheduled for June 9, highlighting the company's commitment to local professionals and offering various prizes.
Floor & Decor (NYSE: FND) is set to launch a new 79,000 square-foot warehouse store in Stockton, California on May 5, 2022, expanding its retail footprint. The store aims to provide a one-stop solution for professional customers and homeowners, featuring an extensive selection of flooring options and free design services. As part of the grand opening, the store will host a $5,000 Floor Makeover Sweepstakes. A special Pro VIP event is scheduled for May 19 to engage local builders and contractors.
Floor & Decor (NYSE: FND) is set to open a new 70,000 square-foot location in Tinley Park, Illinois on May 3, 2022, marking its 10th store in the Chicago market. The store will employ around 50 associates and aims to provide a one-stop solution for flooring needs with a wide selection and free design services. To celebrate the opening, Floor & Decor is hosting a $5,000 Floor Makeover sweepstakes and inviting local professionals for store tours and prize giveaways. Founded in 2000, the company operates 160 stores across 33 states.
Floor & Decor Holdings, Inc. (NYSE: FND) will release its financial results for Q1 fiscal 2022 after market close on May 5, 2022. The company will host a conference call at 5:00 p.m. Eastern Time to discuss these results. Investors can access a live audio webcast at ir.flooranddecor.com. A recorded replay will be available shortly after the call and can be accessed both online and via phone until May 12, 2022.