Latest news with #Floor&Decor
Yahoo
3 days ago
- Yahoo
Chicago pastor leads public prayer for city's safety and fallen CPD officer
CHICAGO — In a parking lot off 87th Street and the Dan Ryan Expressway, you'll find a weekly gathering in the summer where the community is invited to pray. 'This is my sixth year coming out here every Monday in between Memorial Day and Labor Day to pray for the city, pray for the violence,' Pastor Donovan Price said. Price leads the sessions in a welcoming setting where even his shoes send a message to walk by faith. 'Because we know prayer has some power. Prayer changes things,' he said. During this week's prayer, the group honored the life of fallen Chicago police officer Krystal Rivera and prayed for the safety of the Chicago Police Department. Fallen CPD officer remembered for courage and compassion by loved ones and colleagues 'When an officer is killed, then a member of the family has been lost. A pillar of the community has been lost,' Price said. Rivera, four-year veteran of the Chicago Police Department, was killed after another officer unintentionally shot her during a call on the city's South Side last week. 'We're praying for peace, for her family's heart and spirit. We're praying for some level of understanding for her daughter. We're praying for her partner that he might have some peace,' Price said. 'And there's part of us that should be praying for those who caused this situation in the first place.' Suspect held in connection with accidental fatal shooting of Chicago officer Through some clapping and some singing, they hope to bring peace and healing throughout the city. 'We're thankful for all those who are still making it, trying to make it through,' Price said. The weekly prayer sessions are open to all and held Mondays at 7 p.m. in the Floor & Decor parking lot at 125 W 87th St. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
4 days ago
- Business
- Yahoo
3 Reasons to Buy Floor & Decor Stock Like There's No Tomorrow
Floor & Decor's business model earned praise from an all-time great investor, and it has large expansion plans. The stock's valuation is more attractive than usual and it's unlikely to get much cheaper tomorrow. 10 stocks we like better than Floor & Decor › In 2017, home improvement retail chain Floor & Decor Holdings (NYSE: FND) went public. It only had about 70 locations and was still virtually unknown. And investors could have bought it at any time during the past eight years. But now it's time to buy Floor & Decor stock like there's no tomorrow. Of course, that's just an expression -- there will be a tomorrow for Floor & Decor, and I believe it will be great for shareholders. That's why I believe it's worth the investment today. But when it comes to buying the stock at an attractive price, I don't think that investors should necessarily wait until tomorrow, hoping for any entry point that's better than this. The valuation is my third reason to buy Floor & Decor stock today. But first allow me to explain two other reasons why it's a good buy right now. Before he passed away in 2023, Charlie Munger was renowned for being a great investor and one who was focused on business fundamentals. Therefore, when he praises a business model, it's a big deal. And in one of his final interviews, Munger praised Floor & Decor. There are two extremes in retail. One approach is to have a lot of little stores -- GameStop fits in this category. It ended 2024 with over 3,200 locations, which is massive. But each location only had just over $1 million in annual sales. The other approach is to have relatively few stores that handle massive volume, which is Floor & Decor's business model and what Munger loved about it. It follows the same logic as one of his favorite businesses, Costco Wholesale. Floor & Decor only has around 250 locations today and it only expects to have around 500 long term. But each is between 50,000 square feet and 80,000 square feet. And with $4.5 billion in overall trailing-12-month revenue, these 250 stores are certainly high volume. High-volume stores can serve Floor & Decor by creating operating leverage, leading to strong profitability. It's something to watch as the business grows. As mentioned, Floor & Decor is looking to grow to at least 500 locations in coming years. Here in 2025, it's looking to open 20 new stores, which is about 8% growth. But keep in mind that this growth is slow by this company's standards. Given the economic uncertainty right now, management pulled back on this year's plans. Ordinarily, shareholders can expect Floor & Decor to open new locations at a faster rate as it expands toward its long-term goal. But opening new stores isn't the only growth strategy. The company owns another business called Spartan Surfaces, which does flooring installations for commercial properties, such as hospitals. This is a great ancillary business idea for Floor & Decor. Circling back to the business model, there's a ceiling to the opportunity with its retail locations -- it doesn't want a lot of low-volume stores. But it can still leverage its infrastructure with this ancillary commercial business. Between sales growth, new stores, and newer ideas, I believe that Floor & Decor can double its revenue in the next five years or so. That's a good opportunity for investors. It's widely agreed that Home Depot is a great business, but even the most bullish shareholders would have to concede that its growth prospects are somewhat slim. Floor & Decor's growth outlook is much better. And yet, in spite of this, the price-to-sales (P/S) valuation for Home Depot stock is much more expensive. One might object to my valuation comparison, pointing to Home Depot's superior profit margins, which is true. That said, a growth company such as Floor & Decor shouldn't be expected to be optimized for profits in the same way as a mature business such as Home Depot. During the pandemic-fueled home improvement spending boom, Floor & Decor had a profit margin of over 8%, which is about what Home Depot's margin is now. Therefore, the company is capable of better -- it's proved it. And even during this period of sluggish flooring sales, it still has a profit margin of about 5%. In other words, Floor & Decor stock is cheap when looking at its growth prospects. Those who think it should be cheaper because of its lower profit margins might not be seeing the whole picture. I've long believed Floor & Decor is simple idea and yet a strong multibagger investment opportunity. That hasn't changed. But now that this American stock is trading at one of its cheapest valuations ever, and even at a discount to more mature businesses such as Home Depot, I believe now is the time to buy Floor & Decor stock like there's no tomorrow. Before you buy stock in Floor & Decor, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Floor & Decor wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Jon Quast has positions in Floor & Decor. The Motley Fool has positions in and recommends Costco Wholesale and Home Depot. The Motley Fool has a disclosure policy. 3 Reasons to Buy Floor & Decor Stock Like There's No Tomorrow was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
23-05-2025
- Business
- Yahoo
Home Depot Vs Floor & Decor: Which Retail Stock Stands Taller?
In the dynamic world of home improvement retail, two powerful players are vying for dominance, but with very different playbooks. The Home Depot Inc. HD, the industry's undisputed heavyweight, commands the market with unmatched scale, an expansive product mix and a deeply entrenched national presence. Floor & Decor FND is a fast-moving challenger making waves with its focused, high-growth approach to hard surface Home Depot commands the lion's share of the market with its vast scale and legacy strength, Floor & Decor is swiftly gaining ground, leveraging its niche expertise and focused business model, and expanding its footprint to outperform expectations. As HD doubles down on breadth and infrastructure, FND is winning with precision and consumer preferences evolve and housing trends shift, the question looms large: Can specialization outpace scale? This face-off explores how the titans of scale and specialization are battling for market share and what it means for investors and the $1-trillion home improvement industry. Home Depot is a behemoth. With $39.9 billion in first-quarter fiscal 2025 sales, more than 2,350 stores, and a 25% share of the U.S. home improvement market, HD operates across nearly every product category. Its market dominance spans both DIY and Pro segments, offering unmatched breadth and logistics. In contrast, Floor & Decor's market share is a fraction of HD's share, but its narrow focus on hard surface flooring — tiles, wood, stone and laminates — has positioned it as a category killer. With aggressive store expansion and high-single-digit comp growth, FND is punching well above its comparing market share and key financial statistics, Home Depot maintains a clear and commanding lead over Floor & Decor in the U.S. home improvement landscape. Home Depot's business strategy is anchored in its unmatched scale, expansive product assortment and seamless omnichannel integration. Serving both DIY consumers and professional contractors, HD leverages a vast store network and robust service offerings. This includes the company's evolving Pro ecosystem, which has been significantly strengthened by the acquisition of SRS Distribution. The Home Depot brand is deeply associated with value, reliability and expertise, and continues to set the standard for in-store service and category leadership across all segments of the home improvement it evolves into a truly interconnected retail powerhouse, Home Depot is bridging the physical and digital with remarkable efficiency. Its AI-powered tool, Magic Apron, brings the in-store associate experience online, contributing to an 8% increase in digital sales in first-quarter fiscal benefit from fast, flexible delivery, seamless order pickup, and tailored support whether shopping on mobile, desktop or in-store. For associates, tools like Pocket Guide and emerging generative AI capabilities deliver real-time access to product knowledge and operational insights, fueling better customer engagement and higher conversion HD remains a model of consistency and shareholder value. In first-quarter fiscal 2025, the company delivered a 31.3% return on invested capital (ROIC), distributed $2.3 billion in dividends and continued its steady pace of capital investment to drive growth. With an estimated $50 billion in deferred home improvement demand still untapped, Home Depot is exceptionally well-positioned to capitalize on the next wave of renovation and remodeling activity, especially as interest rates normalize and macroeconomic confidence HD is strategically equipped to navigate global trade volatility and tariff pressure. More than 50% of its purchases are sourced domestically, and the company is aggressively diversifying its international supply base, ensuring that no single foreign country accounts for more than 10% of its sourcing. This sourcing agility, combined with HD's scale and deep vendor relationships, enables the company to maintain pricing stability and protect of passing costs on to consumers, HD is optimizing product assortments, driving productivity gains and using a portfolio-based approach to offset inflationary impacts, widening its competitive pricing edge in the marketplace. Floor & Decor is winning by doing one thing exceptionally well — hard surface flooring. Its specialized, high-volume model and warehouse-style stores enable low-cost operations and high inventory turns. FND appeals to Pro installers and style-conscious homeowners with curated, design-forward products at accessible prices. Its vertically integrated supply chain, direct sourcing and focus on value help differentiate the brand and drive repeat business. With aggressive store expansion plans, Floor & Decor is rapidly growing its footprint and market is leaning into digital to complement its in-store experience. Tools like online visualizers, virtual design consultations and localized inventory checkers create a user-friendly, confidence-building journey for home renovators. While still scaling its digital sophistication compared with HD, its tech investments are focused and aligned with its high-engagement, style-first shopping experience. The company's content-driven approach supports higher average ticket sizes and greater brand affinity among younger homeowners and design-focused is a growth stock with strong upside potential. Floor & Decor consistently delivers double-digit revenue growth and healthy margins due to its focused category dominance. Its lean operations and product control enhance gross profit and reduce the dependency on third-party suppliers. Though still expanding, the company has shown strong execution in new markets, making it a compelling long-term investment for those seeking exposure to specialty retail within the home improvement risks are real for Floor & Decor, given its reliance on imported flooring materials. However, the company's direct sourcing model and strong supplier relationships provide levers to mitigate cost inflation. FND has historically demonstrated an ability to adjust product mix, source from alternative countries and optimize assortments in response to cost pressures. While it may not have HD's scale advantage, its focused product strategy and price-sensitive customer base push the company to remain nimble and transparent in managing pricing. If tariffs persist or expand, Floor & Decor's ability to maintain value leadership and manage cost through vertical integration will be critical. Home Depot's fiscal 2025 revenues are projected to grow 2.9% year over year to $164.1 billion and EPS is expected to decline 1.4% year over year to $15.03. HD's EPS estimates for fiscal 2025 inched up 0.2% in the last seven days. Home Depot's annual sales and earnings are slated to increase 4.4% and 9.7% year over year, respectively, in fiscal 2026. Image Source: Zacks Investment Research Floor & Decor's 2025 sales are expected to increase 5.9% year over year to $4.7 billion and EPS is anticipated to decline 0.5% to $1.84. FND's EPS estimates for 2025 have moved down 7.5% in the past 30 days. Floor & Decor's annual sales and earnings are slated to increase 10.6% and 21.3% year over year, respectively, in 2026. Image Source: Zacks Investment Research This clearly illustrates that Home Depot has witnessed upward estimate revisions in the past seven days following its earnings release on May 20. However, Floor & Decor's consensus estimates reflected a significant decline in the last 30 days. In the last year, the HD stock had the edge in terms of performance, having recorded a total return of 12.7%, including dividends. This has noticeably outpaced the benchmark S&P 500's return of 10.1% and Floor & Decor's 35% decline. Image Source: Zacks Investment Research From a valuation perspective, Home Depot trades at a forward price-to-earnings (P/E) multiple of 23.69X, which is above its 5-year median of 22.28X. However, the HD stock trades below Floor & Décor's multiple of 37.22X and a 5-year median of 43.63X. Image Source: Zacks Investment Research At current levels, Home Depot's stock appears undervalued relative to Floor & Decor, offering a compelling opportunity for long-term investors. Despite its modest valuation, HD's pricing reflects strong fundamentals, anchored by deep alignment with Pro customers, a well-established and trusted private-label portfolio, and its continued dominance in the home improvement sector. With strategic investments in supply-chain efficiency, digital innovation and professional services, Home Depot is well-positioned to drive sustainable growth and further solidify its contrast, Floor & Decor's stock appears stretched from a valuation standpoint. While the company boasts strong top-line growth and a promising niche focus, its current market pricing may be running ahead of earnings potential, especially given its narrower customer base, operational scale and exposure to macroeconomic volatility. Home Depot stands out as a reliable dividend payer, returning $2.3 billion in first-quarter fiscal 2025 alone, with a yield typically between 2.5% and 3%, backed by strong cash flow and a 31.3% ROIC. Floor & Decor, by contrast, does not pay dividends, opting instead to reinvest aggressively in growth and expansion. HD appeals to income-focused investors, while FND targets those seeking capital appreciation over cash Depot offers a dividend yield of 2.48%, supported by a payout ratio of 59%, signaling a balance between rewarding shareholders and reinvesting in the business. HD has a five-year dividend growth rate of 10.6%. (Check HD's dividend history here) In the battle for dominance in the $1-trillion home improvement market, Home Depot stands out as the clear winner, leveraging its unmatched scale, resilient business model and proven ability to adapt. While Floor & Decor continues to impress with category-specific growth and strategic focus, the broader picture favors Home strong one-year total return, attractive valuation and consistent dividend payouts, along with strategic investments in digital innovation and Pro ecosystem expansion, reinforce its leadership position. Also, estimate revisions for HD have trended upward following its latest earnings report, reflecting growing optimism about its earnings potential. Meanwhile, FND's downward revisions raise caution despite its long-term growth the battle of specialization versus scale, Home Depot wins on execution, value and investor confidence, making it the more promising bet for long-term outperformance in the home improvement sector. Home Depot currently carries a Zacks Rank #3 (Hold), while Floor & Decor has a Zacks Rank #4 (Sell).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Home Depot, Inc. (HD) : Free Stock Analysis Report Floor & Decor Holdings, Inc. (FND) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
15-05-2025
- Business
- Business Wire
Floor & Decor Announces Grand Opening of San Antonio, Texas Store
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 location in Texas, at 7607 IH 35, Suite #105 in San Antonio. The warehouse store and design center has opened with a team of approximately 45 full-time and part-time associates, and is led by Marco Jasso, the store's Chief Executive Merchant. Floor & Decor operates more than 250 warehouse-format stores and five design studios across 38 states and offers a broad assortment of in-stock hard-surface flooring, including tile, wood, laminate, vinyl, and natural stone, along with decorative accessories and wall tile, installation materials, and adjacent categories at everyday low prices. "Floor & Decor is excited to open its doors in San Antonio," said Jasso. "For over two decades, we've been helping homeowners and professionals reimagine their spaces, and this new location allows us to continue that mission in the community. We can't wait to meet our new San Antonio neighbors and offer them the inspiration and tools to make their renovation dreams a reality." In celebration of the grand opening, Floor & Decor is hosting a ribbon cutting ceremony on Thursday, May 22, at 10:00 am CT with the Greater San Antonio Chamber. Calling All Flooring & Home PROs Floor & Decor provides a comprehensive suite of services, and a rewards program tailored for professionals in the construction, renovation, and flooring industries through its PRO Services and PRO Premier Rewards Program. On Thursday, June 5, from 5:00pm-8:00pm CT, Floor & Decor invites all PROs in the San Antonio area to an exclusive PRO Industry Networking Event, for a chance to win $10,000, and other great prizes like an iPad, Floor & Decor gift cards, YETI Cooler and much more. PROs can visit to RSVP and register to win. During the event, visitors will get to meet the dedicated on-site PRO Services Team, who are there to assist and provide efficient service and support, just for PROs. Visitors will also get to interact with supplier representatives and learn about Floor & Decor's PRO services and industry-leading PRO Premier Rewards program. 'Building relationships with our local professionals is very important to us. Their success is our success,' said Jasso. $5,000 Floor Makeover Sweepstakes In addition, the San Antonio Floor & Decor store will give away a $5,000 Floor Makeover* as part of its grand opening festivities. From May 15, 2025, through July 22, 2025, customers have the chance to register to win these prizes at Super Saturday & Crack the Code Following the grand opening, the San Antonio Floor & Decor store will host a family-friendly Super Saturday* event on Saturday, May 24, from 10:00am to 2:00pm CT, to showcase local vendors and the new store to the San Antonio community. Floor & Decor will partner with other local businesses to promote its new store opening while offering the first 200 customers a chance to win $100,000 from its Crack the Code* game. Customers will have the opportunity to enter a five-digit code of their choice to see if they crack the code and win $100,000. An assortment of bath and body products from Capistrano Soap Company and cupcakes from Cosmic Cakery will be free for the first 200 customers. Store Facts & Features Location: 7607 IH 35, Suite #105, San Antonio, TX 78224 Regular store hours: Monday - Friday 7am-8pm, Saturday 8am-7pm, Sunday 10am-6pm Phone Number: 210-664-4405 For more information on Floor & Decor, please visit or on Instagram at About Floor & Decor Holdings, Inc. Floor & Decor is a multi-channel specialty retailer of hard surface flooring and related accessories and seller of commercial surfaces operating 254 warehouse-format stores and five design studios across 38 states as of March 27, 2025. The Company offers a broad in-stock assortment of laminate and vinyl, tile, wood, and natural stone flooring and installation materials and decorative accessories, as well as adjacent categories, at everyday low prices. The Company was founded in 2000 and is headquartered in Atlanta, Georgia. *Must be at least 18 years old to enter the $5,000 Floor Makeover and Crack the Code Sweepstakes.
Yahoo
02-05-2025
- Business
- Yahoo
Floor & Decor Prepared For Current Tariffs As Sourcing Shift Limits China Exposure: Analyst
Telsey analyst trimmed the price forecast for Floor & Decor Holdings, Inc. (NYSE:FND) from $115 to $100 while keeping an Outperform rating. On Thursday, the company reported first-quarter EPS of 45 cents, missing the 46 cents estimate, while net sales of $1.16 billion were inline. The company lowered its FY25 GAAP EPS guidance to $1.70-$2.00 from $1.80-$2.10 (vs. $1.97 est) and narrowed its sales guidance to $4.66 billion-$4.80 billion (from $4.47 billion-$4.90 billion) vs. $4.82 billion est. The analyst writes that Floor & Decor adopted a more cautious stance after a first-quarter 2025 comp decline of -1.8% (transactions down 4%). The second quarter comp is tracking at +1%, a sequential improvement but likely below expectations, adds the analyst. The analyst says that Floor & Decor is well-prepared for current tariffs, having significantly shifted sourcing since 2018, reducing China exposure from 50% to 18% by 2024 while increasing US sourcing to 27%. Their strategy involves vendor negotiation, further sourcing shifts, and price adjustments, adds the analyst. Telsey writes that despite the disappointing guidance reduction, they remain optimistic about the company's market position and long-term growth potential, driven by store expansion, product innovation, high-margin categories, commercial market initiatives, and Spartan Surface. For FY25, the analyst lowered the EPS estimate to $1.90 (from $2.06; FS $1.96) with a comp of 0.1% (from 2.4%; FS 1.4%) and an operating margin of 5.6% (down ~10 bps; previously 6.0%; FS 5.7%). For 2026, Telsey now sees an EPS estimate of $2.45 (from $2.68; FS $2.54) with a comp of 4.5% (from 5.0%; FS 4.9%) and an operating margin of 6.4% (up ~80 bps; previously 6.8%; FS 6.6%). Price Action: FND shares gained 2.51% to $74.06 on Friday. Read Next:Photo via Shutterstock Date Firm Action From To Feb 2022 Loop Capital Maintains Hold Feb 2022 Telsey Advisory Group Maintains Outperform Feb 2022 Wells Fargo Maintains Overweight View More Analyst Ratings for FND View the Latest Analyst Ratings Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Floor & Decor Prepared For Current Tariffs As Sourcing Shift Limits China Exposure: Analyst originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
