Floor & Decor Holdings, Inc.

Floor & Decor Holdings, Inc. (NYSE: FND) operates as a high-growth, differentiated specialty retailer of hard surface flooring and related accessories through its website at www.FloorandDecor.com. Founded in 2000 and incorporated as a Delaware corporation in 2010, the company has established itself as a leading player in the large and fragmented U.S. retail hard surface flooring market.

As of December 25, 2025, Floor & Decor operates 270 warehouse-format stores and five small-format design studios across 39 states. The company employs 13,723 people, with 10,469 working full-time. Of these employees, 11,790 work in stores, 1,382 in store support and customer care functions, 541 in distribution centers, and 10 in the Asia sourcing office in Shanghai, China.

The company's core business centers on offering an extensive in-stock assortment of hard surface flooring products including laminate and vinyl, tile, wood, and natural stone flooring, along with installation materials, tools, decorative accessories, and adjacent categories such as vanities, shower doors, and kitchen cabinets. Each warehouse-format store averages approximately 76,000 square feet and carries roughly 4,200 stock keeping units, providing significantly deeper inventory than competitors. Floor & Decor serves three primary customer segments: professional installers and commercial businesses, do-it-yourself homeowners, and buy-it-yourself customers purchasing products for professional installation.

The company's competitive advantages include its direct sourcing model with over 240 vendors globally, which enables everyday low pricing without frequent promotions. Floor & Decor maintains a decentralized culture empowering store-level managers to customize product assortment and pricing for local markets. The company operates five strategically located distribution centers near Savannah, Houston, Los Angeles, Baltimore, and Seattle, along with a transload facility near Los Angeles.

Beyond its core residential retail business, Floor & Decor expanded into commercial surfaces through the acquisition of Spartan Surfaces, LLC in fiscal 2021. The company maintains a robust omnichannel presence through its website, offering product discovery, design inspiration, and fulfillment options including in-store pickup and delivery. Marketing expenses remain low at approximately two to three percent of net sales, reflecting the company's efficient brand positioning and customer acquisition strategies.