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Strategies & Market Trends : The New Economy and its Winners
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From: Bill Harmond8/28/2017 4:08:23 PM
   of 57684
 
Floor & Decor should do well with Houston recovery. FND

Came public in late April. Has corrected with the market. Had a secondary at 40 recently. Growing rapidly...same store sales are growing double digits, plus expanding nationally. Immense stores (50,000sq ft), taking share from Home Depot and Lowes. Much bigger selection.

I think they have six locations in greater Houston. Texas and Florida are their biggest markets.

Can only imagine how much replacement flooring need there will be….

flooranddecor.com

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