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 (NYSE: FND) is set to open a new 79,000 square-foot location in Naples, Florida on September 17, 2021, expanding its national presence. The store will employ around 50 associates and provide professional and homeowner customers with a wide range of flooring options. The grand opening includes a $5,000 Floor Makeover Sweepstakes and special tours for professionals, offering a chance to win prizes. Floor & Decor now operates 147 warehouse stores and remains focused on innovative flooring solutions.
Floor & Decor (NYSE: FND) is set to open a new store in Bohemia, New York, on September 16, 2021. This location, spanning 79,000 square feet, will create approximately 50 jobs. The store aims to cater to both professional customers and homeowners by offering a wide selection of flooring options at competitive prices, complemented by free design services. To celebrate the grand opening, the store will host a $5,000 Floor Makeover Sweepstakes, running from September 16 to October 15, 2021.
Floor & Decor Holdings, Inc. (NYSE: FND) is set to present at the Jefferies Virtual Home Retail Summit on September 13, 2021, at 9:00 am ET. The presentation will be streamed live, accessible on the Company's Investor Relations website. Floor & Decor operates 147 warehouse-format stores and two design studios in 33 states, offering a variety of hard-surface flooring options, including tile, wood, and vinyl, all at competitive prices.
Floor & Decor Holdings, Inc. (NYSE: FND) will present at the Goldman Sachs Retail Conference on September 10, 2021, at 10:50 am ET. The presentation will be available via live webcast on the Company’s Investor Relations website, with an archive accessible afterwards. As of Q2 2021, Floor & Decor operates 147 stores and two design studios across 33 states, offering a wide range of hard-surface flooring products at low prices. Founded in 2000, the company is based in Atlanta, Georgia.
Floor & Decor Holdings, Inc. (NYSE: FND) has appointed Dwight James, Senior VP at Delta Air Lines and CEO of Delta Vacations, to its Board of Directors, effective September 30, 2021. This appointment follows the resignation of David Kaplan, Co-Founder of Ares Management Corporation, from the same Board. Tom Taylor, CEO of Floor & Decor, expressed enthusiasm for James's expertise in customer engagement and digital strategy, which could enhance the company's growth plans. Kaplan acknowledged the company's success during his tenure and expressed confidence in its future.
Floor & Decor (NYSE: FND) is set to open its 150th store in South Austin, Texas, on August 18, 2021. This location will feature an 80,000 square-foot retail space and a team of approximately 50 associates. The store aims to cater to both professional customers and homeowners with a wide selection of flooring options, complemented by free design services. To celebrate, the store will host a $5,000 Floor Makeover Sweepstakes, along with promotions for local professionals. Founded in 2000, Floor & Decor specializes in hard-surface flooring and currently operates 147 stores across 33 states.
Floor & Decor (NYSE: FND) is set to open a new 80,000 square-foot store in Columbia, South Carolina on August 17, 2021. This location aims to serve both professionals and homeowners with an extensive array of flooring options and free design services. As part of the grand opening, customers can enter to win a $5,000 Floor Makeover. The store also invites local professionals for tours and giveaways, including a chance to win a Chevrolet Colorado. Floor & Decor operates 147 stores across 33 states, providing a broad selection of hard-surface flooring solutions.
Floor & Decor recorded remarkable financial results for Q2 2021, with net sales soaring by 86.0% to $860.1 million compared to Q2 2020. The company achieved a 68.4% increase in comparable store sales. Operating income surged 367.3% to $98.6 million, resulting in an operating margin increase of 690 basis points to 11.5%. Net income rose 159.1% to $82.9 million, while diluted EPS increased by 156.7% to $0.77. The company plans to open 27 new warehouse stores in fiscal 2021, reflecting a growth of 20.3% from the previous year.
Floor & Decor (NYSE: FND) is set to enhance its market presence by opening a new store in Commack, New York, on July 27, 2021. The 95,000 sq. ft. location will employ around 50 staff and cater to both professionals and homeowners. To celebrate, the store will host a $5,000 Floor Makeover Sweepstakes and offer exclusive prizes for local professionals visiting the new site. Floor & Decor, established in 2000, currently operates 140 warehouse stores nationwide, providing an extensive in-stock selection of flooring and related materials.
Floor & Decor Holdings, Inc. (NYSE: FND) is set to release its financial results for Q2 fiscal 2021 on August 5, 2021, after market close. The company will hold a conference call at 5:00 p.m. ET to discuss these results. Investors can access a live audio webcast on their Investor Relations website. A recorded replay of the call will also be available shortly after its conclusion. Floor & Decor operates 140 warehouse-format stores and two design centers, offering a wide range of hard-surface flooring and installation accessories.
FAQ
What is the current stock price of Floor Decor Hold (FND)?
What is the market cap of Floor Decor Hold (FND)?
