Norman Axelrod - Floor Decor Independent Chairman of the Board
FND Stock | USD 100.73 1.71 1.67% |
Chairman
Mr. Norman H. Axelrod is Independent Chairman of the Board of the company. Mr. Axelrod served as our Chairman since December 2011 and as a member of our Board since November 2010. Beginning in 1988, Mr. Axelrod served as Chief Executive Officer and a member of the board of directors of Linens n Things, Inc., a retailer of home textiles, housewares and decorative home accessories, was appointed as Chairman of its board of directors in 1997, and served in such capacities until its acquisition in February 2006. Mr. Axelrod also serves on the boards of directors of the parent entities of Smart Final Stores, Inc., a warehousestyle food and supply retailer, Guitar Center, Inc., a musical instruments retailer, The Neiman Marcus Group LLC, a luxury retailer, and 99 Cents Only Stores LLC, a deepdiscount retailer. Mr. Axelrod was also appointed Chairman of the board of directors of 99 Cents Only Stores LLC in February 2018 and has previously served as the Chairman of the boards of directors of GNC Holdings, Inc., a specialty retailer of health and wellness products, National Bedding Company LLC, a mattress and bedding product manufacturer, and Simmons Company, a mattress and bedding product manufacturer, and as a member of the boards of directors of Jaclyn, Inc., a handbags and apparel company, Reebok International Ltd., a leading worldwide designer and marketer of sports, fitness and casual footwear, apparel and equipment, and Maidenform Brands, Inc., an intimate apparel retailer. Mr. Axelrod has provided consulting services to certain entities related to Ares Management since 2011.
Age | 68 |
Tenure | 14 years |
Professional Marks | MBA |
Address | 2500 Windy Ridge Parkway SE, Atlanta, GA, United States, 30339 |
Phone | 404 471 1634 |
Web | https://www.flooranddecor.com |
Latest Insider Transactions
Axelrod received a B.S. in Management and Marketing from Lehigh University and an M.B.A. from New York University.Floor Decor Management Efficiency
The company has Return on Asset of 0.0321 % which means that on every $100 spent on assets, it made $0.0321 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0978 %, implying that it generated $0.0978 on every 100 dollars invested. Floor Decor's management efficiency ratios could be used to measure how well Floor Decor manages its routine affairs as well as how well it operates its assets and liabilities. As of January 22, 2025, Return On Tangible Assets is expected to decline to 0.07. In addition to that, Return On Capital Employed is expected to decline to 0.08. At present, Floor Decor's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 58.8 M, whereas Intangible Assets are forecasted to decline to about 132.4 M.Similar Executives
Found 4 records | CHAIRMAN Age | ||
Marvin Ellison | Lowes Companies | 60 | |
Clarence Smith | Haverty Furniture Companies | 74 | |
Craig Menear | Home Depot | 63 | |
Richard Dreiling | Lowes Companies | 67 |
Management Performance
Return On Equity | 0.0978 | ||||
Return On Asset | 0.0321 |
Floor Decor Holdings Leadership Team
Elected by the shareholders, the Floor Decor's board of directors comprises two types of representatives: Floor Decor inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Floor. The board's role is to monitor Floor Decor's management team and ensure that shareholders' interests are well served. Floor Decor's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Floor Decor's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Christopherson, Executive Vice President, General Counsel, Secretary | ||
Ryan Marshall, Independent Director | ||
Richard Sullivan, Independent Director | ||
Matthew McConnell, Sr Relations | ||
Peter Starrett, Independent Director | ||
David Esq, Chief Officer | ||
Rachel Lee, Independent Director | ||
Norman Axelrod, Independent Chairman of the Board | ||
Felicia Thornton, Independent Director | ||
Wayne Rader, Chief Merchant | ||
George West, Vice Chairman of the Board, Director | ||
Bryan Langley, Executive CFO | ||
Charles Young, Independent Director | ||
William Giles, Independent Director | ||
Ersan Sayman, Executive Vice President - Merchandising | ||
Thomas Taylor, Chief Executive Officer, Director | ||
Brad Brutocao, Independent Director | ||
Michael Fung, Independent Director | ||
Wayne Hood, Vice Relations | ||
David Kaplan, Independent Director | ||
Dwight James, Independent Director | ||
Trevor Lang, Chief Financial Officer, Executive Vice President | ||
Jared Brown, Senior PMO | ||
Lisa Laube, Executive Vice President and Chief Merchandising Officer | ||
Luke Olson, VP Officer | ||
John Roth, Independent Director | ||
Kamy Scarlett, Independent Director | ||
Steven Denny, Executive Vice President Store Operations | ||
Brian Robbins, Executive Vice President, Business Development Strategy |
Floor Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Floor Decor a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.0978 | ||||
Return On Asset | 0.0321 | ||||
Profit Margin | 0.04 % | ||||
Operating Margin | 0.06 % | ||||
Current Valuation | 12.5 B | ||||
Shares Outstanding | 107.23 M | ||||
Shares Owned By Insiders | 1.40 % | ||||
Shares Owned By Institutions | 98.60 % | ||||
Number Of Shares Shorted | 10.24 M | ||||
Price To Earning | 40.28 X |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Floor Decor Holdings is a strong investment it is important to analyze Floor Decor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Floor Decor's future performance. For an informed investment choice regarding Floor Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Floor Decor Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Home Improvement Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Floor Decor. If investors know Floor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Floor Decor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.21) | Earnings Share 1.8 | Revenue Per Share | Quarterly Revenue Growth 0.009 | Return On Assets |
The market value of Floor Decor Holdings is measured differently than its book value, which is the value of Floor that is recorded on the company's balance sheet. Investors also form their own opinion of Floor Decor's value that differs from its market value or its book value, called intrinsic value, which is Floor Decor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Floor Decor's market value can be influenced by many factors that don't directly affect Floor Decor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Floor Decor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Floor Decor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Floor Decor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.