Floor & Decor Holdings

Floor & Decor Holdings, Inc. engages in the retail of hard surface flooring and related accessories. It provides wood, stone, and flooring products. Its products include vinyl, laminate, and tiles with materials installation for living rooms, kitchen, bathrooms, and walls. The company was founded by George Vincent West in 2000 and is headquartered in Atlanta, GA.

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Floor & Decor Holdings beats Q4 earnings, eyes margin growth

Floor & Decor Holdings delivered strong financial performance in Q4 2022, exceeding earnings expectations and showcasing growth in market share and key categories.
While facing challenges related to macroeconomic conditions and store expenses, the company remains focused on strategic initiatives to enhance customer service and drive profitability.
With opportunities for margin improvement, expansion of FIT teams, and strategic pricing strategies, Floor & Decor Holdings is well-positioned for continued growth and market leadership.

Floor & Decor Holdings maintains profitability amidst market challenges

Floor & Decor Holdings navigated challenging market conditions in Q1 2023 with flat year-over-year earnings per share and a focus on growth strategies.
The company's strengths lie in competitive pricing, high gross margins, and market share gains, while challenges include managing profitability and supply chain costs.
Opportunities for Floor & Decor Holdings include business acceleration, strategic pricing actions, and gaining market share in a contracting market.

Floor & Decor Holdings beats Q2 earnings, eyes e-commerce growth

Floor & Decor Holdings exceeded Q2 earnings expectations despite challenges, with a focus on sales growth and profitability protection.
Revised fiscal 2023 guidance lower due to macroeconomic challenges, but management remains confident in long-term growth potential.
Opportunities lie in e-commerce growth, margin improvement strategies, and adapting to market dynamics.
Challenges include declining comparable store sales and the impact of existing home sales on business performance.

Floor & Decor Holdings faces challenges but eyes growth opportunities

Floor & Decor Holdings is navigating through industry challenges by focusing on expense management, maintaining a strong balance sheet, and exploring growth opportunities. The company is adjusting strategies to address declining existing home sales and competition from big boxes and independents.

Floor & Decor Holdings exceeds expectations, focuses on growth strategies

Floor & Decor Holdings delivered strong financial performance, focusing on managing expenses, maintaining liquidity, and strategic investments for future growth. The company's market share gains, gross margin expansion, and inventory management strategies position it well for continued success. Challenges like declining home sales are being addressed through operational efficiency and growth strategies.

Floor & Decor exceeds Q1 earnings, navigates challenges with strategic focus

Floor & Decor reported strong Q1 earnings, exceeding expectations with a focus on profitability management and customer engagement. The company faces challenges from consumer pressure, cautious store growth plans, and managing profitability amid uncertain market conditions.
Despite challenges, Floor & Decor's strengths in customer service, innovative product offerings, and competitive advantage across categories position it well for future growth. Opportunities in commercial ventures, cost reduction efforts, and strategic retail initiatives present avenues for expansion.
Overall, Floor & Decor's performance in Q1 showcases resilience in the face of challenges, strategic planning for growth opportunities, and a commitment to customer-centric strategies. The company's focus on managing profitability, navigating market uncertainties, and retaining top Pros sets a solid foundation for future success.

Floor & Decor Holdings faces sales challenges but boosts margins

Floor & Decor Holdings navigated Q2 2024 with mixed performance, focusing on managing challenges in the housing market and remodeling spending. The company aims to enhance financial performance through strategic store expansion, sales alignment, and margin improvement strategies.

Floor & Decor Holdings exceeds earnings expectations, focuses on growth

Floor & Decor Holdings' Q3 2024 earnings call highlighted better-than-expected performance in diluted earnings per share and operational efficiency through expense management. While facing challenges with store sales and profitability, the company is focused on growth opportunities in new stores and customer engagement strategies.

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Floor & Decor's net sales and earnings soared in Q4. The company's balance sheet is sturdy.

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Floor & Decor Holdings, Inc. (NYSE:FND ) Q4 2022 Earnings Conference Call February 23, 2023 5:00 PM ET Company Participants Wayne Hood - VP, IR Tom Taylor - CEO Trevor Lang - President Bryan Langley - EVP and CFO Ersan Sayman - EVP of Merchandising Conference Call Participants Simeon Gutman - Morgan Stanley Karen Short - Credit Suisse Zach Fadem - Wells Fargo Michael Lasser - UBS Chuck Grom - Gordon Haskett Steven Forbes - Guggenheim Securities Steven Zaccone - Citi Kate McShane - Goldman Sachs Sarah Park - Bank of America Greg Melich - Evercore ISI Justin Kleber - Baird Jonathan Matuszewski - Jefferies Seth Sigman - Barclays David Bellinger - ROTH MKM Dean Rosenblum - Bernstein Operator Greetings, and welcome to the Floor & Decor Holdings, Inc. Fourth Quarter 2022 Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Floor & Decor Holdings, Inc. (FND) Q4 2022 Earnings Call Transcript

Floor & Dcor (FND) delivered earnings and revenue surprises of 10.34% and 1.34%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Floor & Dcor (FND) Surpasses Q4 Earnings Estimates

ATLANTA--(BUSINESS WIRE)--Floor & Decor Holdings, Inc. (NYSE: FND) (“Floor & Decor” or the “Company”), today announced that Melissa Kersey has been nominated for election to serve on Floor & Decor's Board of Directors, to be voted on at the Company's Annual Meeting of stockholders on May 10, 2023. Norman Axelrod, Floor & Decor's Chairman, said, “We are extremely pleased that Melissa Kersey has agreed to be nominated to join our Board.

Floor & Decor Holdings, Inc. Announces Nomination of New Director

ATLANTA--(BUSINESS WIRE)--Floor & Decor Holdings, Inc. (NYSE: FND) (“We,” “Our,” the “Company,” or “Floor & Decor”) announces its financial results for the fourth quarter and fiscal year ended December 29, 2022. Tom Taylor, Chief Executive Officer, stated, “We are pleased to deliver better-than-expected fiscal 2022 fourth-quarter earnings and proud to report 14 consecutive years of comparable store sales growth, a significant accomplishment considering current macroeconomic challenges.

Floor & Decor Holdings, Inc. Announces Fourth Quarter and Fiscal 2022 Financial Results

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Floor & Dcor (FND) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Floor & Dcor (FND) Earnings Expected to Grow: Should You Buy?

Home sales and consumer spending dynamics continue to be pressured by macro headwinds. I believe Floor & Decor will face pressure on revenue growth and profitability in the coming quarters.

Floor & Decor: Weak Macro Trends And Downside Potential

ATLANTA--( BUSINESS WIRE )--Floor & Decor (NYSE: FND) a leading specialty retailer of hard-surface flooring, will expand its nationwide footprint when it opens the doors to its newest location in Lafayette, Louisiana. This store opening marks the company's first warehouse store in the Lafayette market. The Floor & Decor warehouse store and design center will open with a team of about 50 full-time and part-time associates led by Reggie Mack, the new store's Chief Executive Merchant.

Floor & Decor Launches the Grand Opening of its Lafayette, Louisiana Store

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ATLANTA--( BUSINESS WIRE )--Floor & Decor Holdings, Inc. (NYSE: FND) today announced that its financial results for the fourth quarter of fiscal 2022 will be released after market close on Thursday, February 23, 2023. The company will host a conference call at 5:00 p.m. Eastern Time to discuss the financial results. A live audio webcast of the conference call, together with related materials, will be available online at ir.flooranddecor.com.

Floor & Decor Holdings, Inc. Announces Fourth Quarter Fiscal 2022 Earnings Conference Call

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ATLANTA--( BUSINESS WIRE )--Floor & Decor (NYSE: FND) a leading specialty retailer of hard-surface flooring, will expand its nationwide footprint when it opens the doors to its newest location in Surprise, Arizona. The January 23, 2023 grand opening marks the company's sixth warehouse store in Arizona. The Floor & Decor warehouse store and design center will open with a team of about 50 full-time and part-time associates led by Jeremiah Zapata, the new store's Chief Executive Merchant.

Floor & Decor Launches the Grand Opening of its Surprise, Arizona Store

FND has a victorious business model led by a CEO who assisted in growing HD to over 2,000 stores. The hard floor covering industry is highly fragmented, which provides FND an excellent opportunity to expand by increasing its market share.

Floor & Decor: On The Way To Becoming The Next Home Improvement Retail Giant

Floor & Decor is a specialty retailer focused on the hard surface flooring market. The company outperformed the S&P 500 by since going public in 2017 by 40% even after a 50% drawdown.

Floor & Decor: Specializing To Beat Home Depot And Lowe's

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ATLANTA--( BUSINESS WIRE )--Floor & Decor (NYSE: FND), a leading specialty retailer of hard-surface flooring, expanded its nationwide warehouse store footprint when it opened its newest location in Ypsilanti, Michigan. The December 16, 2022 grand opening marks the company's third warehouse store in Michigan. The Floor & Decor store and design center opened with a team of about 45 full-time and part-time associates led by William Barnhart, the new store's Chief Executive Merchant.

Floor & Decor Announces the Official Grand Opening of its Ypsilanti, Michigan Store

ATLANTA--( BUSINESS WIRE )--Floor & Decor (NYSE: FND) a leading specialty retailer of hard-surface flooring, expanded its nationwide footprint when it opened the doors to its newest location in Pearland, Texas. The December 16, 2022 grand opening marks the company's 12th warehouse store in the Houston market. The Floor & Decor warehouse store and design center opened with a team of about 50 full-time and part-time associates led by Karen Espinoza, the new store's Chief Executive Merchant.

Floor & Decor Launches the Grand Opening of its Pearland, Texas Store

ATLANTA--( BUSINESS WIRE )--Floor & Decor (NYSE: FND) a leading specialty retailer of hard-surface flooring, expanded its nationwide footprint when it opened the doors to its newest location in Rancho Cordova, California. The December 8, 2022 grand opening marks the company's 27th warehouse store in California. The Floor & Decor warehouse store and design center opened with a team of about 50 full-time and part-time associates led by Cassie Futrell, the new store's Chief Executive Merchant.

Floor & Decor Launches the Grand Opening of its Rancho Cordova, California Store

ATLANTA--( BUSINESS WIRE )--Floor & Decor (NYSE: FND) a leading specialty retailer of hard-surface flooring, expanded its nationwide footprint when it opened the doors to its newest location in Brentwood, Tennessee. The December 8, 2022 grand opening marks the company's fourth warehouse store in Tennessee. The Floor & Decor warehouse store and design center opened with a team of about 50 full-time and part-time associates led by Britt Bowen, the new store's Chief Executive Merchant.

Floor & Decor Launches the Grand Opening of its Brentwood, Tennessee Store

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ATLANTA--( BUSINESS WIRE )--Floor & Decor Holdings, Inc. (NYSE: FND) today announced that the Company is scheduled to participate in a Fireside Chat at the Morgan Stanley Global Consumer and Retail Conference on Wednesday, December 7, 2022, at 8:45 a.m. Eastern Time.

News for Floor & Decor Holdings Stock (FND)