Atlanta, Ga.-based Floor & Décor Holdings Inc. (FND) is a prominent high-growth specialty retailer of hard-surface flooring, with 166 warehouse-format stores and five design studios in 34 states as of March 31, 2022.
The company's shares are down 22.9% in price over the past year and 42% year-to-date to close yesterday's trading session at $75.39. While the company exhibited solid top-line performance in its recent earnings report, its declining bottom line and lofty valuations are concerning.
