Professional
Added to YB: 2024-02-28
Pitch date: 2024-01-19
FND [bullish]
Floor & Decor Holdings, Inc.
-43.3%
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
$7.0B
Pitch Price
$107.86
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.41
P/E
32.33
EV/Sales
1.88
Sector
Specialty Retail
Category
growth
SouthernSun SMID Cap Investment New Portfolio Holding - Floor & Decor Holdings, Inc.
FND: Specialty flooring retailer with 207 stores catering to pros & DIYers. Direct sourcing enables low prices & vast in-stock selection. 170+ stores opened under CEO, targeting 500 total. New stores generate 50% cash-on-cash returns by yr 3. Strong balance sheet (0.3x Net Debt/EBITDA). Expect 5x EPS growth, significant FCF, & teen annual TSR over next decade as FND executes growth plan.
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