Floor & Decor Holdings

FND

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). The company’s stores offer tile, wood, laminate, and natural stone flooring products, as well as decorative and installation accessories. The company serves professional installers, commercial businesses, and do it yourself customers. As of December 2018, the company operated 100 warehouse-format stores; and a small-format standalone design center in 28 states. Floor & Decor also sells products through its online retail platform. During the first six months of 2018, the company opened five new warehouse-format stores.Floor & Decor Holdings is listed on the New York Stock Exchange and is a constituent of the Russell 1000 index.

Floor & Decor Holdings has been a target of short sellers for a while. The current short interest of 13.24% is roughly at the average of the last 12 months (11.69%).