In 2017, the company had their initial public offering with a 53% gain and ended having the largest IPO increase of the year. Floor & Decor was profitable for the five year period before their initial public offering (IPO). The company had a net income of more than $26 million in 2016. In the five years between 20 the company doubled in size and revenues went from $277 million in 2011 to more than $772 million in 2016. The company changed its name to Floor & Decor Holdings, Inc. The company was founded as FDO Holdings in 2000 by George West, whose family ran West Building Materials. įloor & Decor Holdings is listed on the New York Stock Exchange and is a constituent of the Russell 1000 index. During the first six months of 2018, the company opened five new warehouse-format stores. Floor & Decor also sells products through its online retail platform. As of December 2018, the company operated 100 warehouse-format stores and a small-format standalone design center in 28 states. The company serves professional installers, commercial businesses, and do it yourself customers. The company’s stores offer tile, wood, laminate, and natural stone flooring products, as well as decorative and installation accessories. Floor & Decor Holdings, Inc., branded as Floor & Decor, is a multi-channel American specialty retailer of hard surface flooring and related accessories that was founded in 2000 and headquartered in Smyrna, Georgia (a suburb of Atlanta).
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