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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]

Company

Stock

Symbol

IPO/Spin-off

Date

Initial

Return

Offer to Date

2019

YTD

Beta to S&P

EPS

2018

Revenue

(in million)

Net Income

(in million)

P/E Ratio

Floor & Decor

FND US

4/27/2017

52.62 %

141.81%

96.1%

1.21

$1.11

1,709.85

116.19

42.0

FBM

FBM US

2/10/2017

10.71%

13.79%

91.7%

0.945

-$0.28

2,044.31

-12.18

23.7

Home Depot

HD US

Home Depot went public in 1981

33.9%

1.34

$9.73

108,203.0

11,121.0

22.3

Lumber Liquidators

LL US

11/08/2007

-11.27%

-17.73%

-4.94%

1.55

-$1.90

1,084.64

-54.38

20.8

Total
2
Shares