Professional
Added to YB: 2025-12-29
Pitch date: 2025-12-24
FND [neutral]
Floor & Decor Holdings, Inc.
-0.56%
current return
Author Info
The Lion's Roar is searching for the next long/short idea. Primarily US, SMID cap focused, but looking for value everywhere. Sign up for the newsletter.
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
$6.8B
Pitch Price
$63.01
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.22
P/E
31.60
EV/Sales
1.84
Sector
Specialty Retail
Category
turnaround
FND - No Longer Attractive Short
FND (close short): Former short from $120+ now at $65 after 47% decline. Trough valuation ~30x 2026E vs 51x peak. Store expansion slowing from 35 to 20/yr, may cut 500-store target. Gross margins expanding 40.5% to 43.6%, staffing cut 60 to 47/store. Housing oversold, 1.9M cumulative deficit vs trend, govt rate cuts/renovation stimulus potential catalysts.
Read full article (6 min)