Floor Decor Hold Stock Price, News & Analysis

Floor & Decor Holdings, Inc. (NYSE: FND) is a multi-channel specialty retailer focused on hard surface flooring, related accessories, and commercial surfaces. According to company disclosures, Floor & Decor operates warehouse-format stores and design studios that stock a broad assortment of laminate and vinyl, tile, wood, and natural stone flooring, along with installation materials, decorative accessories, wall tile, and adjacent categories offered at everyday low prices. The company serves both homeowners and professional customers through its retail locations, e-commerce capabilities, and commercial distribution activities.

Floor & Decor states that it is a commercial flooring distributor and seller of commercial surfaces in addition to its consumer-facing retail operations. Its warehouse-format stores and design centers are positioned to provide an in-stock selection of hard-surface flooring products for a variety of project types. The company notes that it appeals to professional installers, commercial businesses, do-it-yourself customers, and customers who purchase products for professional installation.

Based on company information, Floor & Decor is a home centers and retail trade sector business that emphasizes a large, in-stock assortment of hard-surface flooring. The company highlights that its assortment includes laminate and vinyl, tile, wood, and natural stone flooring, as well as installation materials and decorative accessories. These offerings are presented as core to its value proposition for both residential and commercial projects.

Business model and operations

Floor & Decor describes itself as a multi-channel specialty retailer. In practice, this means the company sells through physical warehouse-format stores, design studios, and an e-commerce site, and also distributes commercial flooring. The company’s disclosures indicate that its stores are designed to hold a broad in-stock assortment so customers can purchase and take home products for immediate use, while also accessing related installation materials and decorative accessories in the same location.

The company reports that it operates hundreds of warehouse-format stores and several design studios across numerous U.S. states. At the end of the third quarter of fiscal 2025, Floor & Decor stated that it operated 262 warehouse-format stores and five design studios across 38 states. These locations include newly opened warehouse stores in markets such as Dearborn (Michigan), Vancouver and Woodinville (Washington), Mount Pleasant (South Carolina), Eagle in the greater Boise area (Idaho), Cortlandt Manor (New York), and Murfreesboro (Tennessee), reflecting an ongoing expansion of its physical footprint.

Floor & Decor’s business model also includes dedicated PRO Services and a PRO Premier Rewards Program for professionals in the construction, renovation, and flooring industries. Company news releases describe these offerings as tailored to professionals, with on-site PRO Services Teams at stores, networking events, and rewards programs designed to support professional customers. Through these activities, the company positions itself as a resource for local contractors, installers, and other trade professionals.

Customer focus and market segments

According to company descriptions, Floor & Decor serves a range of customer segments, including:

• Homeowners working on renovation or remodeling projects.
• Professional installers and contractors in the flooring and broader construction and renovation industries.
• Commercial customers through its role as a commercial flooring distributor and seller of commercial surfaces.
• Do-it-yourself customers and those who purchase products for professional installation.

The company emphasizes relationships with local professionals, frequently noting in its announcements that “their success is our success” and highlighting events such as PRO Industry Networking Events and PRO Block Parties. These events typically feature opportunities to meet the on-site PRO Services Team, interact with supplier representatives, and learn more about PRO Services and the PRO Premier Rewards Program.

Store formats and geographic footprint

Floor & Decor’s primary store format is the warehouse-format store, often combined with a design center. Company news releases describe these locations as offering an expansive in-stock selection of tile, wood, laminate, vinyl, and natural stone flooring, along with decorative accessories, wall tile, installation materials, and related categories. In addition to warehouse-format stores, the company also operates design studios and distribution centers that support its retail and commercial operations.

The company reports that, as of the end of the third quarter of fiscal 2025, its operations spanned 38 U.S. states. Recent openings in Michigan, Washington, South Carolina, Idaho, New York, and Tennessee illustrate its presence in multiple regions of the United States. Floor & Decor also notes that it offers products through an e-commerce site, extending access to its assortment beyond physical store locations.

Corporate background and listing

Floor & Decor states that it was founded in 2000 and is headquartered in Atlanta, Georgia. The company’s common stock trades on the New York Stock Exchange under the ticker symbol FND. As a public company, Floor & Decor files periodic reports, current reports, and other disclosures with the U.S. Securities and Exchange Commission, including Forms 10-K, 10-Q, and 8-K, which provide further detail on its operations, financial condition, and governance.

Recent SEC filings include Form 8-K reports related to financial results and leadership changes. For example, an 8-K dated October 30, 2025, furnished a press release announcing financial results for the quarter ended September 25, 2025. Another 8-K dated October 28, 2025, described a leadership transition in which the company’s President, Bradley S. Paulsen, was appointed Chief Executive Officer and a member of the Board effective at the start of the company’s 2026 fiscal year, while the then-current Chief Executive Officer, Thomas V. Taylor, was appointed Executive Chair of the Board.

Growth and expansion activities

Company communications highlight ongoing store expansion as a key feature of Floor & Decor’s operations. In its third quarter fiscal 2025 financial results, the company reported that it opened five new warehouse stores during the quarter and ended the period with 262 warehouse stores, five design studios, and five distribution centers. The company has also publicly discussed expansion toward a larger network of warehouse stores over time.

Grand opening announcements for new locations typically include ribbon cutting ceremonies in partnership with local chambers of commerce, consumer-focused events such as Super Saturday celebrations or Block Parties, and promotional activities including sweepstakes and prize giveaways. These events are described as ways to introduce new stores to their communities and engage both homeowners and professional customers.

Financial reporting and metrics

As part of its public reporting, Floor & Decor provides details on net sales, comparable store sales, operating income, net income, earnings per share, and other financial metrics. The company also reports EBITDA and Adjusted EBITDA as non-GAAP financial measures, which it describes as supplemental metrics used by management and the Board of Directors to assess financial performance and enterprise value. The company explains that Adjusted EBITDA is intended to eliminate the impact of certain items that it does not consider indicative of its core operating performance and is used in evaluating performance, budgeting, and assessing covenant compliance under credit facilities.

In its disclosures, Floor & Decor notes that EBITDA and Adjusted EBITDA are not measures of liquidity or free cash flow and should not be considered as alternatives to net income or other GAAP measures. The company also cautions that definitions and calculations of these non-GAAP measures differ among companies in the retail industry.

Risk factors and forward-looking statements

Floor & Decor’s public communications include discussions of factors that could affect its results, such as economic conditions, consumer confidence and discretionary spending, housing market trends, competition, supply chain disruptions, tariffs, inventory management, labor considerations, and regulatory changes. The company also references risks related to information systems, data privacy and security, and corporate social responsibility, among others. These factors are presented in the context of forward-looking statements and risk factor discussions in its filings and press releases.

Frequently asked questions (FAQ)

The following FAQs summarize key points based on the company’s own descriptions and disclosures.