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 (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.
Floor & Decor Holdings (NYSE:FND) has appointed William T. Giles, former CFO of AutoZone, to its Board of Directors and as Chairperson of the Audit Committee, effective April 15, 2021. CEO Tom Taylor expressed excitement about Giles' extensive experience in managing growth at a leading retailer, noting his expected contributions to the company’s strategic growth plans. Floor & Decor operates 133 stores across 31 states, focusing on a wide range of flooring products.
Floor & Decor (NYSE: FND) will open a new 75,000 square-foot store in Danbury, Connecticut on March 31, 2021. This marks the company's first location in the state, employing around 50 associates. The store will cater to both professional customers and homeowners with a wide selection of flooring products and free design services. Additionally, a $5,000 Floor Makeover Sweepstakes will commence on opening day, providing customers with a chance to win a gift card. Pros can also schedule store tours to learn more about services and products, with exclusive prizes available.
Floor & Decor Holdings, Inc. (FND) will present at the Bank of America Consumer and Retail Technology Conference on March 10, 2021, at 2:30 PM ET. The presentation will be available via live webcast on the Company's Investor Relations website, with an archive accessible later. As of the end of Q4 2020, Floor & Decor operates 133 warehouse-format stores and two design centers across 31 states, offering a wide range of flooring products including tile, wood, and natural stone.
Floor & Decor Holdings, Inc. (NYSE: FND) announced its participation in the UBS Global Consumer and Retail Virtual Conference on March 9, 2021, at 1:00 pm Eastern Time. The presentation will be accessible via live webcast through the Company’s Investor Relations website. As of the end of Q4 fiscal 2020, Floor & Decor operates 133 warehouse-format stores and two design centers across 31 states, offering a diverse selection of hard-surface flooring and installation accessories at competitive prices.
Floor & Decor Holdings reported strong financial results for the fourth quarter and fiscal year ended December 31, 2020. The fourth quarter saw net sales rise by 37.3% to $723.7 million, with comparable store sales increasing by 21.6%. Annual net sales grew 18.6% to $2.425 billion. Notably, diluted EPS increased 58.8% to $0.54. The company plans to open 27 new warehouse stores in fiscal 2021, aiming for a strong growth trajectory despite uncertainties related to the COVID-19 pandemic.
Floor & Decor Holdings, Inc. (NYSE: FND) will release its fourth-quarter fiscal 2020 financial results on February 25, 2021, after market close. Following this, a conference call is scheduled for 5:00 p.m. Eastern Time to discuss the results. The meeting can be accessed through a live audio webcast available at ir.flooranddecor.com. A replay will be available shortly after the call at the same link. The company operates 128 stores and two design centers offering a wide range of flooring products across 30 states.
Floor & Decor Holdings, Inc. (NYSE: FND) is set to present at the Morgan Stanley Global Consumer & Retail Conference on December 2, 2020, at 2:00 PM ET. The live audio presentation will be accessible via the Company's Investor Relations website and will be archived afterwards. As of the third quarter of fiscal 2020, Floor & Decor operates 128 warehouse-format stores and two design centers across 30 states, offering a wide range of hard-surface flooring products at competitive prices.
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