Floor and Decor was founded by George West in 2000. His family owned West Building Materials but George wanted a store dedicated solely to flooring and decor items.
Between 2011 and 2016, the company more than doubled in size. The company had a net income of more than $26 million in 2016. Floor & Decor was profitable for the five-year period before its IPO.
Floor and Decor went public on the NYSE under the ticker symbol FND in 2017.
In September 2018, Bisnow reported that Floor & Decor was expected to begin a $160 million expansion of the company that will include 17 new store locations, a possible new headquarters in Atlanta, Georgia, and nearly $30 million in improving its e-commerce and technology infrastructure.
The company currently has 166 locations.
In August 2022. Forbes stated that Floor and Decor has a proven formula for sustainable business growth.
During 2022 and early 2023, the company continued to open new locations, including one for the first time, in Nebraska.
Floor and Decor maintains a corporate office in Atlanta, Georgia.
Floor and DecorFloor and Decor was founded by George West in 2000. His family owned West Building Materials but George wanted a store dedicated solely to flooring and decor items.
Between 2011 and 2016, the company more than doubled in size. The company had a net income of more than $26 million in 2016. Floor & Decor was profitable for the five-year period before its IPO.
Floor and Decor went public on the NYSE under the ticker symbol FND in 2017.
History
In September 2018, Bisnow reported that Floor & Decor was expected to begin a $160 million expansion of the company that will include 17 new store locations, a possible new headquarters in Atlanta, Georgia, and nearly $30 million in improving its e-commerce and technology infrastructure.
The company currently has 166 locations.
In August 2022. Forbes stated that Floor and Decor has a proven formula for sustainable business growth.
During 2022 and early 2023, the company continued to open new locations, including one for the first time, in Nebraska.
Floor and Decor maintains a corporate office in Atlanta, Georgia.
Leave a Reply