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. The company offers wood-based laminate flooring, vinyl, and engineered/composite rigid core vinyl; porcelain and ceramic tile, porcelain mosaics, and porcelain tile slabs; grout, mortar, backer board, tools, adhesives, underlayments, moldings, and stair treads; and decorative tiles and mosaics, which includes natural stone, porcelain, ceramic, glass, wall tile, and decorative trims. The company also provides solid prefinished and unfinished hardwood, engineered hardwood, bamboo, and wood countertops; marble, limestone, travertine, slate, ledger, prefabricated countertops, thresholds, and shower benches; vanities, shower doors, bath accessories, faucets, sinks, custom countertops, bathroom mirrors, and bathroom lighting. It sells products through its warehouse-format stores and five small-format design studios, as well as through Website, FloorandDecor.com. The company serves professional installers, commercial businesses, and homeowners. The company was formerly known as FDO Holdings, Inc. and changed its name to Floor & Decor Holdings, Inc. in April 2017. Floor & Decor Holdings, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia.
Future Prospects | Analyst price targets range from $75 to $120, reflecting varied views on FND's ability to navigate housing market challenges and capitalize on potential interest rate decreases |
Competitive Edge | Delve into FND's scale advantages and potential benefits from industry consolidation, including improved negotiating power and prime real estate opportunities |
Expansion Strategy | Explore FND's ambitious growth plans, including 30-35 new store openings in 2024, and how this positions the company for long-term market dominance |
Market Resilience | Floor & Decor demonstrates robust performance amidst challenging market conditions, outperforming earnings estimates and maintaining strong margins |
Metrics to compare | FND | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipFNDPeersSector | |
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P/E Ratio | 38.0x | −37.2x | 10.3x | |
PEG Ratio | −2.29 | −0.23 | 0.02 | |
Price / Book | 3.6x | −8.3x | 1.4x | |
Price / LTM Sales | 1.8x | 28.3x | 0.9x | |
Upside (Analyst Target) | 43.5% | 0.0% | 29.1% | |
Fair Value Upside | Unlock | −2.7% | 10.4% | Unlock |