Added to YB: 2025-12-16
Pitch date: 2025-10-27
FND [bullish]
Floor & Decor Holdings, Inc.
-31.64%
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
$5.4B
Pitch Price
$72.24
Price Target
135.00 (+173%)
Dividend
N/A
EV/EBITDA
8.42
P/E
26.18
EV/Sales
1.53
Sector
Specialty Retail
Category
turnaround
Floor & Decor Holdings, Inc. - $FND
FND: Specialty flooring retailer at trough 17x EBITDA vs 22x historical avg. Beneficiary of competitor bankruptcies (LL Flooring closed 211 stores) + housing recovery as 30yr rates fall. Market share grew to 16%+ during downturn. China exposure cut to 16% vs 50% in 2018, mitigating tariff risk. Base case: ~$135 target (1.9x MOIC) on store expansion to 335 units + SSS recovery.
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