Welcome to our dedicated page for Frontdoor news (Ticker: FTDR), a resource for investors and traders seeking the latest updates and insights on Frontdoor stock.
Frontdoor, Inc. reports news centered on its home warranty and new home builder warranty businesses, including American Home Shield and 2-10 Home Buyers Warranty. Company updates commonly cover quarterly financial results, member trends, revenue from renewal, real estate and direct-to-consumer channels, pricing and volume, adjusted EBITDA, and share repurchases.
Other recurring developments include technology partnerships for real estate transactions, consumer marketing for the home warranty category, and governance changes involving the board or finance leadership. Frontdoor's operating model connects homeowners, homebuyers, builders, agents and brokers with service-plan coverage for household systems, appliances, workmanship, distribution systems and structural components.
Frontdoor (NASDAQ: FTDR), the leading home warranty provider in the US, has announced that its leadership team will participate in the J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference. CEO and Chairman Bill Cobb, along with CFO Jessica Ross, will engage in a fireside chat on May 13, 2025, at 3:50 PM EST.
The presentation will be available via live audio webcast and can be accessed through J.P. Morgan's meeting platform. A replay will be accessible on Frontdoor's investor relations website for approximately 30 days after the event.
American Home Shield, a Frontdoor (NASDAQ: FTDR) company, announces a 50% discount on their ShieldGold and ShieldSilver home warranty plans for new members through April 25, 2025. The ShieldSilver plan covers 14 major home systems including HVAC, plumbing, and electrical systems, while the ShieldGold plan extends coverage to additional appliances.
A key feature of the ShieldGold plan includes complimentary video chat access to repair Experts, available nationwide from 7 a.m. to 10 p.m. eastern time, seven days a week. These experts specialize in plumbing, electrical, HVAC, and appliances. The warranty plans cover repair and replacement costs for covered systems and appliances when they break down due to normal wear and tear.
Frontdoor (NASDAQ: FTDR), the nation's leading provider of home warranties, has scheduled its first quarter 2025 financial results announcement and conference call for Thursday, May 1, 2025 at 7:30 a.m. Central time (8:30 a.m. Eastern time).
The presentation will include a slide deck highlighting the company's results and will be accessible via webcast. Participants can register for the conference call through a provided link and will receive access details via email. The call recording will be available for approximately 60 days through both telephone replay and webcast options.
Frontdoor Inc. (NASDAQ: FTDR) has announced the return of comedienne Rachel Dratch as 'Warrantina' for the second year of American Home Shield's marketing campaign. The campaign highlights a new feature allowing members of select AHS plans to video chat with repair Experts through the AHS app for assistance with plumbing, electrical, HVAC, and appliance issues at no additional cost.
Since the video chat feature launched on February 27, nearly 20% of members using it have resolved their issues directly over the phone or received guidance for self-repairs, resulting in time and cost savings. The campaign, developed with creative agency Fallon, includes new spots filmed in Los Angeles in February, featuring Dratch in scenarios demonstrating the video chat experience and warranty benefits.
The brand will maintain a presence on Netflix's WWE RAW Monday night broadcasts and DirecTV's March basketball tournament coverage across multiple channels.
American Home Shield, a Frontdoor (NASDAQ: FTDR) company, announces a 40% discount on its ShieldPlatinum, ShieldGold, and ShieldSilver warranty plans for new members through March 31, 2025. The one-year renewable home warranty plans cover up to 29 major home systems and appliances.
A notable addition to ShieldPlatinum and ShieldGold plans is the new Video chat with an Expert feature, available at no additional cost through the American Home Shield app. Since its launch on February 27, nearly 20% of members using video chat resolved their issues remotely or received guidance for self-repairs, resulting in time and cost savings.
The Expert service is provided by experienced former contractors specializing in plumbing, electrical, HVAC, and appliances, with an average of 19 years of experience. The service is available nationwide seven days a week from 7 a.m. to 10 p.m. eastern time.
Frontdoor (NASDAQ: FTDR) has introduced a new video chat feature for its American Home Shield (AHS) brand, allowing members with select plans to connect live with home repair experts through the AHS app. The service, previously launched through the Frontdoor app in 2023, is now available at no additional cost to ShieldPlatinum, ShieldGold, ShieldComplete, and ShieldPlus plan members, covering approximately 87% of AHS's two million members.
The video chat service connects homeowners with experienced former contractors specializing in plumbing, electrical, HVAC, appliances, and general repairs. These experts average 19 years of experience and are available nationwide seven days a week from 7 AM to 10 PM Eastern time. The feature aims to help members potentially resolve issues remotely, saving time and money.
Frontdoor (NASDAQ: FTDR) reported strong financial results for 2024, with revenue increasing 4% to $1.84 billion. The company achieved significant improvements in profitability, with gross profit margin expanding 410 basis points to 54% and net income rising 37% to $235 million. Diluted earnings per share increased 42% to $3.01.
Key highlights include the completion of the 2-10 Home Buyers Warranty acquisition and securing a $1.47 billion credit facility. The company utilized $160 million to repurchase approximately 4 million shares in 2024. Operating cash flow reached $270 million.
For 2025, Frontdoor projects revenue between $2.0-2.04 billion, with an Adjusted EBITDA range of $450-475 million. The outlook includes expectations of 2-4% increase in realized price, though home warranty member count is forecasted to decline 2-4%.
Frontdoor (NASDAQ: FTDR), the leading home warranty provider in the U.S., has announced it will host its Investor Day and Fourth-Quarter and Full-Year 2024 financial results presentation on February 27, 2025 in New York. The event will commence at 9:00 a.m. Eastern Time.
The company's leadership team will present their vision, strategy, and new service offerings, along with the 2024 financial results and 2025 financial outlook. A live webcast and presentation slides will be available on the investor relations website, with replay access available for 60 days following the event.
Frontdoor Inc (FTDR) commemorates National Home Warranty Day by highlighting the importance of home warranties and their distinct benefits compared to homeowner's insurance. A home warranty is a one-year service contract covering repair and replacement costs for systems and appliances due to normal wear and tear.
Chief Revenue Officer Kathy Collins emphasizes the inevitability of home system breakdowns and the importance of educating homeowners about warranty benefits. The company's leading brands, American Home Shield and 2-10, offer access to a nationwide network of over 17,000 independent home service contractors.
Key highlights include:
- Home warranties complement homeowner's insurance by covering normal wear and tear
- Plans can be customized to include specific home systems and appliances
- Warranties help manage unexpected breakdown costs
- Available for homeowners at any stage - buying, selling, or current ownership