- Share Price: $21.00 Shares
- Shares Offered: 8,823,500
- Shares Outstanding: 92,358,5775/26/17: Shares spiked 11%, obliterating a 39.59 buy point in an eight-day IPO base. Wells Fargo initiated coverage with an outperform rating and a 40 price target, and Standard & Poor's upgraded the stock's credit rating to a B-. Shares ended the session 102% above the stock's April 27 IPO price.
Description
Floor & Decor Holdings, Inc., formerly FDO Holdings, Inc., is a retailer of hard surface flooring and related accessories. The Company retails its products such as tile, stone, wood, marble, glass and decoratives. The Company has 72 stores across 17 states in the United States. The Company provides its products to customers, including professional installers and commercial businesses (Pro), Do it Yourself customers (DIY) and customers who buy the products for professional installation (Buy it Yourself or BIY). The Company engages their customers both through trained store associates and designers who can assist in narrowing choices and making the process of home renovation easier. The Company also sells the products through its Website www.flooranddecor.com.
Key stats and ratios
| Q1 (Mar '17) | 2016 | |
| Net profit margin | 3.62% | 4.10% |
| Operating margin | 7.38% | 6.41% |
| EBITD margin | - | 10.30% |
| Return on average assets | 5.25% | 5.45% |
| Return on average equity | 31.84% | 19.27% |
| Employees | 4,391 |
Address
2233 Lake Park Dr SE
SMYRNA, GA 30080-8813
United States
SMYRNA, GA 30080-8813
United States
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