Floor & Decor Holdings, Inc.
https://www.flooranddecor.com/
Floor & Decor Holdings, Inc. is a multi-channel specialty retailer and commercial flooring distributor based in Atlanta, Georgia. Founded in 2000, the company's core business is to serve as a one-stop destination for hard-surface flooring, offering a broad in-stock selection at everyday low prices with expert service for both professional installers and homeowners. Its mission is to improve lives by improving spaces.
The company's extensive product offerings include tile, wood, laminate, vinyl, and natural stone flooring, along with a comprehensive range of decorative and installation accessories such as grout, mortar, tools, and underlayments. Beyond flooring, Floor & Decor also provides vanities, shower doors, bath accessories, and kitchen cabinets. It caters to various market segments, including professional installers, commercial businesses, and do-it-yourself (DIY) and buy-it-yourself (BIY) homeowners, through its large warehouse-format stores, small-format design studios, and an e-commerce platform. The company emphasizes a direct sourcing model to ensure competitive pricing and a vast in-stock inventory.
In recent leadership changes, Bradley Paulsen assumed the role of Chief Executive Officer in December 2025, with former CEO Thomas Taylor transitioning to Executive Chair of the Board. Floor & Decor reported its First Quarter Fiscal 2026 financial results on April 30, 2026, noting a 0.7% decrease in net sales and a 3.7% decrease in comparable store sales, with diluted EPS at $0.37. Despite a challenging market for big-ticket discretionary purchases, the company opened six new warehouse stores in Q1 2026, bringing its total to 276, and announced plans to open 20 new warehouse stores in fiscal 2026 as part of its long-term goal to operate 500 stores in the United States. Additionally, the company authorized a $400 million share repurchase program.
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