Floor Decor Hold Stock Price, News & Analysis

Floor & Decor (NYSE: FND) has announced the grand opening of its newest warehouse location in San Antonio, Texas at 7607 IH 35, Suite #105. The store, led by Chief Executive Merchant Marco Jasso, opens with approximately 45 full-time and part-time associates. This location marks Floor & Decor's expansion in Texas, adding to its network of over 250 warehouse-format stores across 38 states.

The grand opening celebrations include a ribbon cutting ceremony on May 22, a PRO Industry Networking Event on June 5 with a $10,000 prize opportunity, and a Super Saturday event on May 24 featuring a $100,000 Crack the Code game. Additionally, customers can enter to win a $5,000 Floor Makeover sweepstakes running from May 15 through July 22, 2025.

Floor & Decor (NYSE: FND) reported its Q1 2025 financial results with net sales of $1,160.7 million, up 5.8% year-over-year. However, comparable store sales decreased by 1.8%. The company achieved diluted EPS of $0.45, slightly down from $0.46 in Q1 2024, but exceeded the low end of their expectations. Operating income increased 8.3% to $64.2 million, while net income decreased 2.3% to $48.9 million. Due to macroeconomic uncertainty, FND has reduced its planned new store openings for fiscal 2025 from 25 to 20 stores. The company ended Q1 with 254 warehouse stores and five design studios after opening four new locations and closing one. For FY2025, FND projects net sales between $4,660-$4,800 million and comparable store sales ranging from -2.0% to 1.0%.

Floor & Decor Holdings (NYSE: FND) has scheduled its first quarter fiscal 2025 earnings release and conference call. The company will release its financial results after market close on Thursday, May 1, 2025, followed by a conference call at 5:00 p.m. Eastern Time.

Investors can access a live audio webcast and related materials at ir.flooranddecor.com. A replay will be available online and via phone (844-512-2921 for domestic, 412-317-6671 for international callers) using pin 13752521 until May 8, 2025.

Floor & Decor (NYSE: FND) has announced the grand opening of its newest warehouse location in Gilroy, California at 7900 Arroyo Circle. The store, led by Chief Executive Merchant Gee Mohammed, has hired approximately 30 full-time and part-time associates.

The new location features a warehouse store and design center, offering a comprehensive selection of in-stock hard-surface flooring including tile, wood, laminate, vinyl, and natural stone. The store will celebrate its opening with several events:

• A ribbon cutting ceremony with the Gilroy Chamber of Commerce on April 4
• A PRO Industry Networking Event on April 3 with a $10,000 prize opportunity
• A Super Saturday event on April 5 featuring local vendors and a $100,000 'Crack the Code' contest
• A $5,000 Floor Makeover sweepstakes running from March 27 to May 28, 2025

Floor & Decor (NYSE: FND) has announced the grand opening of its newest warehouse location in Kissimmee, Florida at 2420 West Osceola Parkway. The store, led by Chief Executive Merchant Yoanni Soria, has hired approximately 50 full-time and part-time associates.

The new location features a warehouse store and design center, offering a comprehensive selection of in-stock hard-surface flooring including tile, wood, laminate, vinyl, and natural stone. The grand opening celebrations include:

• A ribbon cutting ceremony on April 3 with the Osceola Chamber of Commerce
• A PRO Industry Networking Event on April 10 with a $10,000 prize opportunity
• A Super Saturday event on April 5 featuring local vendors and a $100,000 'Crack the Code' game
• A $5,000 Floor Makeover sweepstakes running from March 27 to June 2, 2025

This expansion adds to Floor & Decor's existing network of over 250 warehouse-format stores and five design studios across 38 states.

Floor & Decor (NYSE: FND) has announced the grand opening of its newest warehouse location in Tualatin, Oregon at 8515 SW Tualatin-Sherwood Road. The store features a warehouse and design center staffed by approximately 30 full-time and part-time associates, led by Michael LaBrie as Chief Executive Merchant.

The location marks the company's expansion in the Portland metropolitan area, adding to its network of over 250 warehouse-format stores and five design studios across 38 states. The store offers an extensive selection of in-stock hard-surface flooring including tile, wood, laminate, vinyl, and natural stone.

The grand opening celebrations include:

• A ribbon cutting ceremony with the Tualatin Chamber of Commerce on March 14th
• A PRO Industry Networking Event on March 13th featuring prizes including a Chevrolet Colorado Truck
• A $5,000 Floor Makeover sweepstakes running through May 21, 2025
• A Super Saturday event on March 15th featuring a $100,000 Crack the Code contest

Floor & Decor Holdings (NYSE: FND) reported Q4 2024 financial results with net sales of $1,107.4 million, up 5.7% year-over-year, despite a 0.8% decrease in comparable store sales. The company's Q4 diluted earnings per share reached $0.44, a 29.4% increase from $0.34 in Q4 2023, including a $0.05 benefit from litigation settlement.

For full-year 2024, net sales increased 0.9% to $4,455.8 million, while comparable store sales declined 7.1%. The company opened 30 new warehouse stores in 2024, ending the year with 251 stores across 38 states. Operating income decreased 20.3% to $256.2 million, and diluted EPS fell 16.7% to $1.90.

Looking ahead to fiscal 2025, FND expects net sales between $4,740-$4,900 million, comparable store sales of flat to 3.0% growth, and plans to open 25 new warehouse stores.

Floor & Decor Holdings (NYSE: FND) has announced it will release its fourth quarter fiscal 2024 financial results after market close on Thursday, February 20, 2025. The company will host a conference call at 5:00 p.m. Eastern Time to discuss the results.

A live audio webcast and related materials will be available at ir.flooranddecor.com. A replay will be accessible online and via phone (844-512-2921 for domestic, 412-317-6671 for international callers) using pin 13750991 until February 27, 2025.

Floor & Decor Holdings (NYSE: FND) has announced the appointment of Bradley Paulsen as President, effective April 28, 2025. Paulsen, who currently serves as CEO, North America for Rentokil Initial plc, will report to Tom Taylor, CEO of Floor & Decor.

Paulsen brings significant experience from previous leadership positions at Rexel USA, HD Supply, and The Home Depot. His expertise spans retail, commercial, and service-based organizations, with particular strength in home improvement, merchandising, retail and commercial sales, and supply chain operations.

The appointment aims to support Floor & Decor's next growth phase, with Paulsen's customer service and associate support principles aligning with the company's core values of providing high-quality, trend-setting hard surface flooring products at everyday low prices.