Floor & Decor Opens New Warehouse Store in Grapevine, Texas, Expanding to 500 Stores

FND
March 19, 2026

Floor & Decor Holdings, Inc. opened a new warehouse‑format store and design center at 3200 Grapevine Mills Parkway on March 19, 2026. The location will employ roughly 40 full‑time and part‑time associates and is led by Denise Baxter, the store’s Chief Executive Merchant.

The Grapevine opening brings the company’s total U.S. footprint to more than 270 warehouse stores, a step toward its 500‑store target. The new site adds a distribution hub in the Dallas‑Fort Worth metroplex, a key growth region for the retailer’s hard‑surface flooring business.

Floor & Decor’s most recent quarterly results, covering the period ended December 25, 2025, showed net sales of $1.13 billion, up 2.0% from the prior year, while comparable‑store sales fell 4.8%. Full‑year 2025 sales reached $4.684 billion, a 5.1% increase, but comparable‑store sales declined 1.8%. Diluted earnings per share were $0.36 for the quarter and $1.92 for the year. Gross margin improved to 43.6% from 43.5% in the prior year, driven by favorable product mix and lower supply‑chain costs. Management guided fiscal 2026 sales to $4.88 billion–$5.03 billion, with comparable‑store sales expected to range from a 2% decline to a 1% gain.

"I’m incredibly proud of what our teams accomplished in 2025. Despite pressure on comparable store sales driven by softness in existing home sales activity, we expanded our market share, navigated tariff complexities, increased our gross margin rate, opened 20 new warehouse stores and delivered year‑over‑year earnings growth. This performance reflects the resilience of our model and our unwavering commitment to disciplined execution and strategic investments in our future," said CEO Brad Paulsen. "We believe our competitive moat from people, product, price and access to inventory is strong, giving us added confidence in our ability to grow our market share even in a difficult macroeconomic environment," added Executive Chairman Thomas Taylor.

The company’s expansion into Grapevine comes amid a challenging housing cycle that has pressured comparable‑store sales. Nevertheless, Floor & Decor’s focus on professional installers and serious DIY customers, combined with deep assortment and immediate product availability, supports its warehouse‑format model. The new store’s location in the Dallas‑Fort Worth area positions the company to capture regional demand while reinforcing its strategy of rapid expansion in the hard‑surface flooring market.

The opening underscores Floor & Decor’s commitment to building a national network that serves both professional installers and DIY customers. By adding a distribution hub in a high‑growth metroplex, the retailer strengthens its supply chain and inventory access, key drivers of its competitive moat. The company’s continued focus on margin improvement and disciplined execution signals confidence in sustaining growth even as the broader housing market remains soft.

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