Floor & Decor Opens New Warehouse in Pittsburgh Area
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6 days ago
0mins
Should l Buy FND?
Floor & Decor announced the grand opening of its newest warehouse store and design center, and first location in the Pittsburgh area, in Bethel Park, located at 3000 Oxford Drive. The Bethel Park store will open with a team of approximately 40 full-time and part-time associates, and is led by Travis Wessels, the store's Chief Executive Merchant.
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Analyst Views on FND
Wall Street analysts forecast FND stock price to rise
14 Analyst Rating
6 Buy
8 Hold
0 Sell
Moderate Buy
Current: 50.800
Low
65.00
Averages
77.45
High
90.00
Current: 50.800
Low
65.00
Averages
77.45
High
90.00
About FND
Floor & Decor Holdings, Inc. is a multichannel specialty retailer of hard surface flooring and related accessories and seller of commercial surfaces. The Company operates about 270 warehouse-format stores and five design studios across 39 states. 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. Its stores appeal to a variety of customers, including professional installers and commercial businesses (Pro) and homeowners, which are comprised of do-it-yourself customers (DIY) and buy-it-yourself customers, who buy its products for professional installation (BIY). The Company’s warehouse-format stores, which average approximately 76,000 square feet. In addition to its stores, its Website, FloorandDecor.com, showcases its products, offers informational training and design ideas, and provides product availability for in-store pickup or delivery.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Floor & Decor Opens New Store in Syracuse, NY
- New Store Opening: Floor & Decor has opened its first warehouse store in Central New York, located in Syracuse, offering over 270 hard-surface flooring options, which is expected to attract a significant number of homeowners and professionals, thereby solidifying its market leadership.
- Team Size: The new store is staffed with approximately 35 full-time and 15 part-time associates, led by Chief Executive Merchant Brian Seginak, aiming to enhance customer experience through quality service and strengthen brand loyalty.
- Promotional Events: The grand opening will feature a week-long promotion with daily discounts and giveaways, which is anticipated to draw large crowds, boost sales, and enhance community engagement.
- Community Support: Floor & Decor emphasizes the importance of supporting the local community by offering a $5,000 Floor Makeover Sweepstakes, showcasing its commitment to customer success and further enhancing its brand image.
See More
Floor & Decor Opens New Store in Pittsburgh Area
- New Store Opening: Floor & Decor has opened its new warehouse store in Bethel Park, marking its first location in the Pittsburgh area, which is expected to attract a significant number of homeowners and professionals, thereby expanding its market share.
- Team Building: The new store will employ approximately 40 full-time and part-time associates, led by Chief Executive Merchant Travis Wessels, aiming to provide high-quality customer service and enhance the shopping experience, which will strengthen brand loyalty.
- Community Celebration Events: A ribbon-cutting ceremony will take place on opening day, followed by a Super Saturday event offering a $1,000 Floor & Decor merchandise card as a prize, designed to engage customers and increase brand visibility.
- Long-term Promotional Activities: Floor & Decor has also launched a $5,000 Floor Makeover Sweepstakes to encourage customer participation and enhance brand interaction, which is expected to drive sales growth and customer engagement further.
See More
Park Presidio Capital Sells Shares of Floor & Decor
- Share Sale Details: On February 17, 2026, Park Presidio Capital disclosed in an SEC filing that it sold 215,041 shares of Floor & Decor in Q4 2025, with an estimated transaction value of $13.94 million, indicating a strategic reduction in its retail exposure.
- Position Change Analysis: By quarter-end, the fund's position in Floor & Decor decreased to 126,837 shares, valued at $7.72 million, reflecting a net decline of $17.47 million, which underscores the negative sentiment surrounding the stock.
- Market Performance Comparison: Currently priced at $50.60, Floor & Decor's shares have fallen 40% over the past year, significantly underperforming the S&P 500, which has risen about 16% in the same period, highlighting its weak market position.
- Industry Outlook Challenges: Although Floor & Decor's annual revenue increased by 5.1% to $4.7 billion, the comparable sales dropped by 5% in Q4 due to soft demand linked to high mortgage rates, indicating vulnerability in its business amidst economic cycles.
See More
Park Presidio Capital Reduces FND Position by 215,041 Shares
- Share Reduction Details: Park Presidio Capital reduced its position in Floor & Decor (FND) by 215,041 shares in Q4 2025, with an estimated trade value of $13.94 million, reflecting the stock's weak market performance.
- Decline in Position Value: The quarter-end value of FND holdings fell by $17.47 million, indicating a net value decrease due to both stock price fluctuations and the reduction in shares, leaving a current position of 126,837 shares valued at $7.72 million.
- Market Environment Impact: Although Floor & Decor's annual revenue grew by 5.1% to $4.7 billion, the demand for large-ticket renovation projects weakened due to rising mortgage rates, leading to a 5% decline in comparable sales in Q4, which negatively impacted overall performance.
- Investor Considerations: Following a roughly 40% decline in stock price, while FND may appear cheap, the lack of catalysts raises concerns for long-term investors, especially as the stock has fallen 17% this year amidst ongoing market cycle adjustments.
See More
Floor & Decor Opens New Store in Grapevine, Texas
- Grand Opening: Floor & Decor's new warehouse store in Grapevine, Texas, officially opens on March 26, 2026, staffed by approximately 40 full-time and part-time associates, aiming to provide high-quality hard-surface flooring to local homeowners and professionals.
- Community Celebration: To celebrate the new store, Floor & Decor will host a community Block Party on April 11, 2026, featuring prize giveaways every 15 minutes, which aims to engage families and strengthen the brand's connection with the community.
- Industry Preview Event: On March 25, prior to the grand opening, Floor & Decor will hold a Sneak Peek event for local real estate professionals, offering light refreshments and prizes, showcasing how the new store's design department can support their businesses.
- Floor Makeover Sweepstakes: Customers can enter the $5,000 Floor Makeover Sweepstakes online from now until May 25, 2026, further enticing customer participation and enhancing brand visibility in the local market.
See More
Tabor Asset Management Increases Stake in Floor & Decor Holdings
- Share Purchase Transaction: On February 17, 2026, Tabor Asset Management increased its stake in Floor & Decor Holdings by 186,218 shares, valued at approximately $12.07 million, reflecting confidence in the company's growth prospects.
- Increased Ownership Proportion: Following this purchase, Floor & Decor now accounts for 5.15% of Tabor's reportable 13F assets, indicating its significance in the investment portfolio and potentially influencing future investment decisions.
- Stable Financial Performance: Despite a 33% decline in Floor & Decor's stock price over the past year, the company achieved approximately $4.68 billion in annual revenue and over $208 million in net income, demonstrating resilience in a challenging market environment.
- Market Outlook Analysis: With potential recovery in the housing market, Floor & Decor's expansion strategy and contractor-focused business model could position it advantageously in the next housing cycle, attracting institutional investor interest.
See More
Floor & Decor Opens New Store in Syracuse, NY
- New Store Opening: Floor & Decor has opened its first warehouse store in Central New York, located in Syracuse, offering over 270 hard-surface flooring options, which is expected to attract a significant number of homeowners and professionals, thereby solidifying its market leadership.
- Team Size: The new store is staffed with approximately 35 full-time and 15 part-time associates, led by Chief Executive Merchant Brian Seginak, aiming to enhance customer experience through quality service and strengthen brand loyalty.
- Promotional Events: The grand opening will feature a week-long promotion with daily discounts and giveaways, which is anticipated to draw large crowds, boost sales, and enhance community engagement.
- Community Support: Floor & Decor emphasizes the importance of supporting the local community by offering a $5,000 Floor Makeover Sweepstakes, showcasing its commitment to customer success and further enhancing its brand image.
See More
Floor & Decor Opens New Store in Pittsburgh Area
- New Store Opening: Floor & Decor has opened its new warehouse store in Bethel Park, marking its first location in the Pittsburgh area, which is expected to attract a significant number of homeowners and professionals, thereby expanding its market share.
- Team Building: The new store will employ approximately 40 full-time and part-time associates, led by Chief Executive Merchant Travis Wessels, aiming to provide high-quality customer service and enhance the shopping experience, which will strengthen brand loyalty.
- Community Celebration Events: A ribbon-cutting ceremony will take place on opening day, followed by a Super Saturday event offering a $1,000 Floor & Decor merchandise card as a prize, designed to engage customers and increase brand visibility.
- Long-term Promotional Activities: Floor & Decor has also launched a $5,000 Floor Makeover Sweepstakes to encourage customer participation and enhance brand interaction, which is expected to drive sales growth and customer engagement further.
See More
Park Presidio Capital Sells Shares of Floor & Decor
- Share Sale Details: On February 17, 2026, Park Presidio Capital disclosed in an SEC filing that it sold 215,041 shares of Floor & Decor in Q4 2025, with an estimated transaction value of $13.94 million, indicating a strategic reduction in its retail exposure.
- Position Change Analysis: By quarter-end, the fund's position in Floor & Decor decreased to 126,837 shares, valued at $7.72 million, reflecting a net decline of $17.47 million, which underscores the negative sentiment surrounding the stock.
- Market Performance Comparison: Currently priced at $50.60, Floor & Decor's shares have fallen 40% over the past year, significantly underperforming the S&P 500, which has risen about 16% in the same period, highlighting its weak market position.
- Industry Outlook Challenges: Although Floor & Decor's annual revenue increased by 5.1% to $4.7 billion, the comparable sales dropped by 5% in Q4 due to soft demand linked to high mortgage rates, indicating vulnerability in its business amidst economic cycles.
See More
Park Presidio Capital Reduces FND Position by 215,041 Shares
- Share Reduction Details: Park Presidio Capital reduced its position in Floor & Decor (FND) by 215,041 shares in Q4 2025, with an estimated trade value of $13.94 million, reflecting the stock's weak market performance.
- Decline in Position Value: The quarter-end value of FND holdings fell by $17.47 million, indicating a net value decrease due to both stock price fluctuations and the reduction in shares, leaving a current position of 126,837 shares valued at $7.72 million.
- Market Environment Impact: Although Floor & Decor's annual revenue grew by 5.1% to $4.7 billion, the demand for large-ticket renovation projects weakened due to rising mortgage rates, leading to a 5% decline in comparable sales in Q4, which negatively impacted overall performance.
- Investor Considerations: Following a roughly 40% decline in stock price, while FND may appear cheap, the lack of catalysts raises concerns for long-term investors, especially as the stock has fallen 17% this year amidst ongoing market cycle adjustments.
See More
Floor & Decor Opens New Store in Grapevine, Texas
- Grand Opening: Floor & Decor's new warehouse store in Grapevine, Texas, officially opens on March 26, 2026, staffed by approximately 40 full-time and part-time associates, aiming to provide high-quality hard-surface flooring to local homeowners and professionals.
- Community Celebration: To celebrate the new store, Floor & Decor will host a community Block Party on April 11, 2026, featuring prize giveaways every 15 minutes, which aims to engage families and strengthen the brand's connection with the community.
- Industry Preview Event: On March 25, prior to the grand opening, Floor & Decor will hold a Sneak Peek event for local real estate professionals, offering light refreshments and prizes, showcasing how the new store's design department can support their businesses.
- Floor Makeover Sweepstakes: Customers can enter the $5,000 Floor Makeover Sweepstakes online from now until May 25, 2026, further enticing customer participation and enhancing brand visibility in the local market.
See More
Tabor Asset Management Increases Stake in Floor & Decor Holdings
- Share Purchase Transaction: On February 17, 2026, Tabor Asset Management increased its stake in Floor & Decor Holdings by 186,218 shares, valued at approximately $12.07 million, reflecting confidence in the company's growth prospects.
- Increased Ownership Proportion: Following this purchase, Floor & Decor now accounts for 5.15% of Tabor's reportable 13F assets, indicating its significance in the investment portfolio and potentially influencing future investment decisions.
- Stable Financial Performance: Despite a 33% decline in Floor & Decor's stock price over the past year, the company achieved approximately $4.68 billion in annual revenue and over $208 million in net income, demonstrating resilience in a challenging market environment.
- Market Outlook Analysis: With potential recovery in the housing market, Floor & Decor's expansion strategy and contractor-focused business model could position it advantageously in the next housing cycle, attracting institutional investor interest.
See More
