Stock Breakdown Newsletter: Floor & Decor - $FND

Specialty warehouse retailer of hard surface flooring

Disclaimer: This is for education and information purposes. Do your own research before many any investment decision. The publisher is not responsible for any losses incurred and may own the investments discussed. More disclosure information can found at the end of this newsletter.

Newsletter Date: AUG, 2024

Ticker Symbol: FND
Stock Price: $79.58
Website: https://www.flooranddecor.com/
Headquarters: 2500 Windy Ridge Parkway, Atlanta, GA 30339
Incorporated: Delaware
Investor Relations: https://ir.flooranddecor.com/

Part 1: The Business

Overview

Floor & Decor Holdings, Inc. is a leading specialty retailer in the hard surface flooring market, operating in the United States. One of the largest providers of flooring in the United States, it offers a broad selection of tile, wood, laminate, and natural stone flooring products, as well as decorative accessories and installation services. The business operates through its website, warehouses and showrooms.

Number of employees = 11,985

How does the company make money?

The company makes money by selling physical flooring products along with home furniture/accessories like bathroom vanities and fixtures. The business also provides design services, credit financing and Professional services like product installation.

Who is the target customer for this business?

There are 2 target customers for this business.

1. Consumers building a new home or remodeling their current home.

2. Home builders, contractors or commercial businesses buying in bulk.