Floor Decor Holdings Inc
For the period ended Dec 26, 2024. Filed Feb 20, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 20, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 2. Properties
As of December 26, 2024, we operated 251 warehouse-format stores located in 38 states as shown in the table below:
| State | Number ofStores | State | Number ofStores |
|---|---|---|---|
| Alabama | 4 | Nebraska | 1 |
| Arizona | 7 | Nevada | 4 |
| California | 27 | New Hampshire | 1 |
| Colorado | 8 | New Jersey | 12 |
| Connecticut | 3 | New Mexico | 1 |
| Florida | 33 | New York | 10 |
| Georgia | 13 | North Carolina | 5 |
| Illinois | 11 | Ohio | 7 |
| Indiana | 2 | Oklahoma | 2 |
| Iowa | 1 | Oregon | 2 |
| Kansas | 2 | Pennsylvania | 4 |
| Kentucky | 2 | Rhode Island | 1 |
| Louisiana | 4 | South Carolina | 3 |
| Maine | 1 | Tennessee | 5 |
| Maryland | 6 | Texas | 33 |
| Massachusetts | 7 | Utah | 3 |
| Michigan | 4 | Virginia | 9 |
| Minnesota | 3 | Washington | 5 |
| Missouri | 3 | Wisconsin | 2 |
| Total | 251 | ||
The following table presents the percentage of our owned versus leased facilities in operation at the end of fiscal 2024 and their total square footage:
| square footage in thousands | Owned | Leased | Total Square Footage |
|---|---|---|---|
| Stores | 7% | 93% | 19,307 |
| Distribution centers | 20% | 80% | 5,680 |
| Offices and other | —% | 100% | 546 |
| Total | 25,533 | ||
Stores include our 251 warehouse-format stores and five small-format design studios. Distribution centers include our four distribution centers located in or near Houston, Savannah, Los Angeles, and Baltimore and our transload facility near Los Angeles. Offices and other include our headquarters, which we refer to as our store support center, our product review center, and our sample fulfillment center, all located in Atlanta, and other administrative, sales, and warehousing facilities supporting our Spartan subsidiary. The property tables above exclude locations where we have taken possession of the premises but are not yet operating. See Note 9, “Commitments and Contingencies” of the notes to our consolidated financial statements included in this Annual Report for additional details related to our leases.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.