MEMPHIS, Tenn.--(BUSINESS WIRE)--Frontdoor, Inc. (NASDAQ: FTDR), the nation's leading provider of home warranties, celebrates its Chief People Officer, Meredith Diagostino, named as one of Memphis Business Journal's 2025 Women Who Lead. The "Women Who Lead†series recognizes leaders making a positive impact across the Memphis metro area. Diagostino has been instrumental in developing and implementing numerous talent initiatives since joining Frontdoor in 2018 following its IPO. "It's truly an h. ...

Core Insights - Frontdoor reported strong Q2 2025 results with non-GAAP EPS of $1.63, exceeding analyst expectations of $1.44, and GAAP revenue of $617 million, surpassing the estimate of $602.6 million [1][2] - Year-over-year, both profit and sales increased at a double-digit pace, with GAAP revenue rising 14% and net income growing 21% to $111 million [1][2][8] - The company achieved a record gross margin of 58%, up 1.5 percentage points from the previous year, supported by effective cost management and favorable weather conditions [2][7] Financial Performance - Q2 2025 diluted EPS (Non-GAAP) was $1.63, a 28% increase from $1.27 in Q2 2024 [2] - Revenue for Q2 2025 reached $617 million, a 14% increase from $542 million in Q2 2024 [2] - Adjusted EBITDA for the quarter was $199 million, reflecting a 26% increase from $158 million in the prior year [2] Business Operations - Frontdoor provides home warranties and services through brands like American Home Shield and 2-10 Home Buyers Warranty, focusing on household systems and appliances [3] - The company’s strategy includes maintaining leadership in the home warranty sector, growing its renewing customer base, and expanding into non-warranty offerings [4] - The fastest-growing segment, "Other Revenue," increased by 63%, driven by new HVAC programs and smart water shutoff solutions [6] Customer Metrics - The total number of home warranty contracts rose to 2.09 million, a 7% increase from the previous year, with customer retention improving to 79.7% [8] - Direct-to-consumer first-year sales increased by 12%, indicating strong momentum from marketing efforts [5] Future Outlook - Management raised its full-year 2025 revenue guidance to $2.055 to $2.075 billion, with expectations for gross profit margin between 55-56% and adjusted EBITDA of $530-550 million [9] - For Q3 2025, revenue is anticipated to be between $605-615 million, with adjusted EBITDA of $180-190 million [9] - The company plans to return up to $250 million to shareholders through share repurchases, increasing its buyback target [9]