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Stock of the Day: Floor & Decor

Floor & Decor
FND 90-day performance NYSE:FND Floor & Decor
Current Price
$65.05
+0.38 (+0.58%)
(As of 10:50 AM ET)
30 Day Performance
3.86%
  
 
90 Day Performance
-17.08%
  
  
1 Year Performance
-41.93%
  
  
Market Capitalization
$7.01B
P/E Ratio
32.57
Price Target
$83.95

Founded in 2000 and headquartered in Atlanta, Floor & Decor Holdings Inc. is a specialty retailer focused on hard surface flooring and related accessories in the United States. The company serves both professional installers and do-it-yourself customers through a growing network of warehouse-format stores and a comprehensive e-commerce platform.

Floor & Decor’s product offering spans ceramic and porcelain tile, engineered and solid hardwood, laminate, luxury vinyl plank and tile, natural stone and a full suite of installation materials such as grout, mortars and underlayment. Its inventory also includes decorative elements and finishing touches that cater to residential and commercial renovation and new-build projects.

Since its initial public offering in 2017, Floor & Decor has expanded into key metropolitan and growth markets across the U.S., emphasizing volume pricing, trade-specialist support and pro desk services to strengthen relationships with contractors, remodelers and builders. The company’s layout and staffing are designed to streamline large-scale orders and project planning for trade professionals.

Under the leadership of founder and Chief Executive Officer Thomas Taylor, Floor & Decor has invested in distribution centers, proprietary supply chain systems and logistics capabilities to improve product availability and speed of delivery. By integrating its physical stores with digital channels, the company aims to deliver a seamless customer experience and maintain its role as a leading hard surface flooring destination.

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