Floor Decor Hold Stock Price, News & Analysis

Floor & Decor Holdings (NYSE: FND) has announced its participation in the Goldman Sachs 31st Annual Global Retailing Conference. The company is scheduled to present in a Fireside Chat on Wednesday, September 4, 2024, at 3:55 p.m. Eastern Time. Investors and interested parties can access the live audio webcast of the presentation through the company's Investor Relations website, ir.flooranddecor.com. An online archive of the presentation will be made available on the same website following the event.

Floor & Decor (NYSE: FND) is hosting its fifth annual 'PRO Appreciation Month' in September to celebrate construction, renovation, and flooring trade professionals. The event features free virtual education classes, in-store giveaways, and sweepstakes for pros.

Key highlights include:

• Weekly educational webinars on topics like shower systems and wood flooring installation
• Free Floor & Decor hat for pros visiting stores (while supplies last)
• In-store sweepstakes to win a DeWalt drill/driver kit in each of 230+ stores
• Nationwide sweepstakes to win a 2024 Mercedes-Benz Sprinter Van

The initiative aims to support and recognize professionals who improve homes and commercial spaces, reinforcing Floor & Decor's commitment to being a one-stop shop for hard surface flooring needs.

Floor & Decor (NYSE: FND) has announced the grand opening of its first warehouse location in Warwick, Rhode Island, located at 300 Quaker Lane. The store, led by Chief Executive Merchant Mike Falco, will open with approximately 50 full-time and part-time associates. The company is celebrating with a ribbon-cutting ceremony on August 29 and hosting several events, including:

- A Pro Industry Networking Event on September 12
- A $5,000 Floor Makeover Sweepstakes
- A 'Best In Town' event and Million Dollar Dice Roll on August 31

Floor & Decor is also making a donation to House of Hope, supporting efforts to end homelessness in Rhode Island. The new store offers a wide selection of hard-surface flooring for homeowners and professionals.

Floor & Decor Holdings (NYSE: FND) reported a 0.2% decrease in net sales to $1,133.1 million for Q2 2024 compared to Q2 2023. Comparable store sales dropped 9.0%. Diluted EPS was $0.52, down from $0.66 last year. Net income fell 20.7% to $56.7 million, and operating income decreased 24.9% to $71.3 million. Operating margin dropped 210 basis points to 6.3%. The company opened five new warehouse stores.

For the first half of 2024, net sales declined 1.2% to $2,230.4 million, with a 10.3% decrease in comparable store sales. Operating income fell 31.4% to $130.6 million, and net income decreased 25.4% to $106.7 million. Diluted EPS was $0.99, down from $1.33.

Updated fiscal year guidance includes net sales of $4,400-$4,490 million, comparable store sales of (8.5)% to (6.5)%, and diluted EPS of $1.55-$1.75. The company plans to open 30 new warehouse stores in 2024.

Floor & Decor (NYSE: FND) has announced the grand opening of its eleventh warehouse location in South Florida, at 6750 Okeechobee Boulevard, West Palm Beach. The new store, led by Jordan Fritts as Chief Executive Merchant, will employ about 50 full-time and part-time associates. To celebrate, the company is hosting a ribbon-cutting ceremony on July 25 and a Pro Industry Networking Event on August 1. Additionally, Floor & Decor is offering a $5,000 Floor Makeover Sweepstakes and a family-friendly 'Best In Town' event on August 3. The company, recognized as one of Fortune's 100 fastest-growing companies and named to Yelp's 'Most Loved Brands' list, continues to expand its footprint in the flooring retail market.

Floor & Decor (NYSE: FND) has announced the grand opening of its eleventh warehouse location in the greater Chicago area, situated in Deerfield, Illinois. The new store, led by Chief Executive Merchant Esther Hawkins, will employ approximately 50 full-time and part-time associates. To celebrate the opening, Floor & Decor is hosting several events:

1. A ribbon-cutting ceremony on July 29 with the Deerfield Chamber of Commerce
2. A Pro Industry Networking Event on July 25 for builders, contractors, and other professionals
3. A $5,000 Floor Makeover Sweepstakes running until September 30, 2024
4. A 'Best In Town' event on August 3, featuring local business partnerships and a $100,000 'Crack the Code' contest

The new store, located at 96 South Waukegan Road, aims to provide a wide selection of hard-surface flooring options to both homeowners and professionals in the area.

Floor & Decor Holdings (NYSE: FND) announced that it will release its second quarter fiscal 2024 financial results on August 1, 2024, after market close. The company plans to hold a conference call at 5:00 p.m. Eastern Time to discuss these results. A live audio webcast of the call, along with related materials, will be available on the company's investor relations website. A recorded replay of the call will be accessible approximately three hours after the call concludes. The replay can be accessed online and via telephone until August 8, 2024.

Floor & Decor (NYSE: FND), a leading retailer specializing in hard-surface flooring, announced the grand opening of its first warehouse location in Columbus, Georgia. The new store, located at 5555 Whittlesey Boulevard, employs around 50 full-time and part-time associates and is led by Chief Executive Merchant Jesse Hull. The grand opening includes a ribbon-cutting ceremony on June 27, 2024, and a Pro Industry Networking Event for builders, contractors, and other professionals. Additionally, the store will host a $5,000 floor makeover sweepstakes and a 'Best in Town' event on July 13, offering various prizes and activities for the community.

Floor & Decor, a leading high-growth retailer specializing in hard-surface flooring, announced the opening of its first-ever New York City store at Liberty Bklyn on May 6, 2024. The store is the company's 228th in the U.S., offering a vast selection of flooring options at everyday low prices for homeowners and construction professionals.