Floor & Decor Opens New Warehouse in Dearborn, Creating 50 Jobs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Businesswire
- New Store Opening: Floor & Decor has opened a new warehouse and design center in Dearborn, Michigan, creating approximately 35 full-time and 15 part-time jobs, thereby enhancing the company's service capabilities in the local market.
- Community Engagement: The grand opening will feature a Ribbon Cutting Ceremony on January 5, 2026, aimed at further integrating into the community and boosting brand visibility through collaboration with the Dearborn Chamber of Commerce.
- Professional Services Support: Floor & Decor offers dedicated services and rewards programs for professionals in the construction and renovation industries, with an exclusive networking event scheduled for March 26, 2026, to foster connections with local pros.
- Promotional Activities: During the grand opening, the store will host a $5,000 Floor Makeover sweepstakes, attracting customer participation and enhancing customer engagement, which is expected to drive sales growth.
FND
$62.32+Infinity%1D
Analyst Views on FND
Wall Street analysts forecast FND stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FND is 80.77 USD with a low forecast of 65.00 USD and a high forecast of 95.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
6 Buy
9 Hold
1 Sell
Moderate Buy
Current: 63.210
Low
65.00
Averages
80.77
High
95.00
Current: 63.210
Low
65.00
Averages
80.77
High
95.00
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 251 warehouse-format stores and five design studios across 38 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 77,000 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.
