Frontdoor, Inc. to Host Investor Day and Announce Fourth-Quarter and Full-Year 2024 Results
January 27 2025 - 7:55AM
Business Wire
Frontdoor leadership will present and release results in New
York on February 27, 2025
Frontdoor, Inc. (NASDAQ: FTDR), the nation’s leading provider of
home warranties, today announced it will release its fourth-quarter
and full-year 2024 financial results on Thursday, February 27,
2024. Several members of the leadership team will present at the
company’s Investor Day event and provide an in-depth discussion of
the company’s vision, strategy, and innovative new service
offerings, as well as the 2024 financial results and 2025 financial
outlook.
The event will begin at approximately 9:00 a.m. Eastern Time
(6:00 a.m. Pacific Time). A live webcast, as well as the
presentation slides, will be available to the public on the day of
the event at investor relations home page . To view a replay of the
webcast which will be available for 60 days after the event, visit
the company’s investor relations home page .
About Frontdoor, Inc.
Frontdoor is the industry leader in home warranties and new home
structural warranties, and a leading provider of on-demand home
repair and maintenance services. As the parent company of two
leading brands – American Home Shield and 2-10 Home Buyers Warranty
– totaling more than two million members – we bring over 50 years
of experience in the home warranty category, a cultivated national
network of independent service contractors, and a reputation for
delivering quality service and product innovation. American Home
Shield, the leader in home warranties, gives homeowners peace of
mind, budget protection and convenience, covering up to 23 home
systems and appliances from costly and unexpected breakdowns. 2-10
Home Buyers Warranty is the leader in new home structural
warranties, providing home builders with coverage for structural
failures. These two brands, together with Frontdoor’s cutting-edge
on-demand services, provide an unbeatable combination that meets
the full suite of homeowner repair and maintenance needs. For more
information about Frontdoor, Inc., please visit
frontdoorhome.com.
Forward Looking Statements
This news release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
including, in particular, projected future performance and any
statements about Frontdoor’s plans, strategies and prospects as
well as statements with respect to the proposed acquisition of 2-10
Home Buyers Warranty (the “Acquisition”), the Acquisition’s effect
on our business and timing of such effects, and the expected timing
of closing. Forward-looking statements can be identified by the use
of forward-looking terms such as “believe,” “expect,” “estimate,”
“could,” “should,” “intend,” “may,” “plan,” “seek,” “anticipate,”
“project,” “will,” “shall,” “would,” “aim,” or other comparable
terms. These forward-looking statements are subject to known and
unknown risks and uncertainties, many of which may be beyond our
control. Such risks and uncertainties include, but are not limited
to: risks related to the proposed Acquisition, including risks that
the Acquisition may not achieve its intended results; changes in
macroeconomic conditions, including inflation and global supply
chain challenges, especially as they may affect existing home
sales, interest rates, consumer confidence or labor availability;
the success of our business strategies; the ability of our
marketing efforts to be successful or cost-effective; our
dependence on our real estate and direct-to-consumer customer
acquisition channels and our renewal channel; changes in the source
and intensity of competition in our market; our ability to attract,
retain and maintain positive relations with third-party contractors
and vendors; increases in parts, appliance and home system prices,
and other operating costs; our ability to attract and retain
qualified key employees and labor availability in our customer
service operations; our dependence on third-party vendors,
including business process outsourcers, and third-party component
suppliers; cybersecurity breaches, disruptions or failures in our
technology systems; our ability to protect the security of personal
information about our customers; lawsuits, enforcement actions and
other claims by third parties or governmental authorities; evolving
corporate governance and disclosure regulations and expectations
related to environmental, social and governance matters; physical
effects of climate change, including adverse weather conditions and
Acts of God, along with the increased focus on sustainability;
increases in tariffs or changes to import/export regulations; our
ability to protect our intellectual property and other material
proprietary rights; negative reputational and financial impacts
resulting from acquisitions or strategic transactions; requirement
to recognize impairment charges; third-party use of our trademarks
as search engine keywords to direct our potential customers to
their own websites; inappropriate use of social media by us or
other parties to harm our reputation; special risks applicable to
operations outside the United States by us or our business process
outsource providers; a return on investment in our common stock is
dependent on appreciation in the price; restrictions in our
certificate of incorporation related to an acquisition of us or to
our lawsuits against us or our directors or officers; the effects
of our significant indebtedness; increases in interest rates
increasing the cost of servicing our indebtedness; increased
borrowing costs due to lowering or withdrawal of the credit
ratings, outlook or watch assigned to us, our debt securities or
our credit facilities; and our ability to generate significant cash
needed to fund our operations and service our debt. We caution you
that forward-looking statements are not guarantees of future
performance or outcomes and that actual performance and outcomes,
including, without limitation, our actual results of operations,
financial condition and liquidity, and the development of new
markets or market segments in which we operate, may differ
materially from those made in or suggested by the forward-looking
statements contained in this news release. For a discussion of
other important factors that could cause Frontdoor’s results to
differ materially from those expressed in, or implied by, the
forward-looking statements included in this document, refer to the
risks and uncertainties detailed from time to time in Frontdoor’s
periodic reports filed with the SEC, including the disclosure
contained in Item 1A. Risk Factors in our 2023 Annual Report on
Form 10-K filed with the SEC, as such factors may be updated from
time to time in Frontdoor’s periodic filings with the SEC. Except
as required by law, Frontdoor does not undertake any obligation to
update or revise the forward-looking statements to reflect new
information or events or circumstances that occur after the date of
this news release or to reflect the occurrence of unanticipated
events or otherwise. Readers are advised to review Frontdoor’s
filings with the SEC, which are available from the SEC’s EDGAR
database at sec.gov, and via Frontdoor’s website at
frontdoorhome.com.
FTDR-Financial
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version on businesswire.com: https://www.businesswire.com/news/home/20250127437926/en/
Investor Relations Matt Davis 901-701-5199
IR@frontdoorhome.com Media Tom Collins 901-701-5198
MediaCenter@frontdoorhome.com
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