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ATLANTA--(BUSINESS WIRE)--Floor & Decor (NYSE: FND), the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, today announced the opening of its newest warehouse store and design center in Dearborn, Michigan, located at 1300 Shehadi Court. The Dearborn store opens with a team of approximately 35 full-time and 15 part-time associates and is led by ...
Floor and Decor (FND) is navigating a cyclical trough, with FY2025 marking an inflection point for EPS growth and moderating same-store sales declines. FND's balance sheet strength, superior liquidity ratios, and improved inventory turnover position it well for continued store expansion and margin normalization. Base-case projections assume 2% comp sales growth and 20 new stores annually, suppo...
ATLANTA--(BUSINESS WIRE)--Floor & Decor (NYSE: FND), the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, has announced the grand opening of its newest warehouse store in Vancouver, Washington, located at 11696 Northeast 76th Street. The warehouse store and design center has opened with a team of approximately 25 full-time and 15 part-time ass...
ATLANTA--(BUSINESS WIRE)--Floor & Decor (NYSE: FND), the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, has announced the grand opening of its newest warehouse store in Mount Pleasant, South Carolina, located at 1155 Holliday Farms Blvd. The warehouse store and design center has opened with a team of approximately 35 full-time and 15 part-ti...
ATLANTA--(BUSINESS WIRE)--Floor & Decor (NYSE: FND), the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, has announced the grand opening of its newest warehouse in Washington, located at 19545 Woodinville Snohomish Road NE, Woodinville. The warehouse store and design center has opened with a team of approximately 35 full-time and 15 part-time...
ATLANTA--(BUSINESS WIRE)--Floor & Decor (NYSE: FND), the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, has announced the grand opening of its newest warehouse store serving the Eagle and greater Boise area. The store is located at 1300 West Chinden Blvd, Meridian, ID 83646. The warehouse store and design center opens with a team of approxim...
Abdiel sold 1,482,936 shares in Floor & Decor; estimated net value change of $112.64 million. The transaction equates to 34.1% of 13F reportable assets under management.
Floor & Decor is rated Hold due to ongoing macro headwinds and sluggish housing market conditions impacting near-term growth. FND's new store performance and cost-saving initiatives offer long-term optimism, but current comparable store sales and unit growth remain weak. FND faces headwinds from negative sales trends, trade-down behavior, and exposure to struggling housing markets in Florida an...
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