[vc_row][vc_column][td_block_text_with_title custom_title=”Company Description” tdc_css=””]
Founded in 2000, Floor & Decor is a private equity-backed specialty retailer of hard surface flooring and related accessories with warehouse-format stores. The company offers in-stock tile, wood, laminate and natural stone flooring along with decorative and installation accessories.[/td_block_text_with_title][td_block_text_with_title custom_title=”Business Model” tdc_css=””]Floor & Decor operates in the retail sector and generates revenue from sales both in-store and online.[/td_block_text_with_title][td_block_text_with_title custom_title=”IPO History” tdc_css=””]On 4/27/2017, Floor & Décor began trading on NYSE. BofA Merrill Lynch, Barclays, UBS and Credit Suisse are acting as joint book running managers for the offering. The share was priced at $21.0 per share, above the expected range of $16 to $18 per share. With a full subscription of 8,823,500 shares offered, and an additional 15% over-allotment option fully exercised, Floor & Decor was valued at approximately $1.94 billion at offer. The stock opened at $30.25/share and finished the first day at $32.05. Floor & Decor was included in the IPOX® 100 U.S. Portfolio on 06/16/2017 and currently weighs approximately 0.4% of the portfolio.[/td_block_text_with_title][td_block_text_with_title custom_title=”Historical Performance” tdc_css=””][/td_block_text_with_title][td_block_text_with_title custom_title=”Growth Outlook” tdc_css=””][/td_block_text_with_title][td_block_text_with_title custom_title=”Industry Comparison”][/td_block_text_with_title][vc_row_inner el_class=”tablescroll”][vc_column_inner el_class=”tablescroll”][vc_column_text el_id=”tablescroll”][table id=21 /][/vc_column_text][/vc_column_inner][/vc_row_inner][vc_empty_space][/vc_column][/vc_row]