Professional
Added to YB: 2024-08-22
Pitch date: 2024-06-30
FND [bullish]
Floor & Decor Holdings, Inc.
-32.53%
current return
Author Info
No bio for this author
Company Info
Floor & Decor Holdings, Inc., together with its subsidiaries, operates as a multi-channel specialty retailer of hard surface flooring and related accessories, and commercial surfaces seller in the United States.
Market Cap
$7.6B
Pitch Price
$98.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.12
P/E
35.10
EV/Sales
2.00
Sector
Specialty Retail
Category
growth
Baron Discovery Fund Portfolio Holding: Floor & Decor Holdings, Inc.
FND: Specialty hard-surface flooring retailer with 8% share of $21B US market. 15-20% annual store growth, but near-term pressure from housing slowdown. Long-term bullish due to low-cost products, broad assortment, and secular shift from carpet to hard flooring. Positioned for market share gains.
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