Floor & Decor Holdings, Inc.

Floor & Decor Holdings, Inc. is a U.S. specialty retailer focused on hard surface flooring and related installation materials, serving both homeowners and trade professionals. The company operates warehouse-format stores and design studios, combining a broad in-stock assortment with direct sourcing and omnichannel tools to support flooring projects from inspiration to purchase.

10,9 %

43,6 %

4,5 %

+5,1 %

1.33

0.34

— Floor & Decor Holdings, Inc.
%
Hard surface flooring70% Core flooring products including laminate, vinyl, tile, wood, and stone.
Installation materials and tools15% Underlayment, adhesives, grout, trims, and related project supplies.
Decorative accessories and adjacent categories8% Moldings, transitions, and other finishing products sold alongside flooring.
Commercial surfaces4% Products and solutions sold to commercial customers and projects.
Services and omnichannel support3% Design services, Pro support, pickup, delivery, and digital tools.

The company sells to two main customer groups: professional installers and commercial buyers, and homeowners who shop...

  • Pro customersprimary

    Professional installers and trade buyers purchase in volume and return frequently for flooring, tools, and installation materials.

  • Homeowners - DIYprimary

    Homeowners buying materials to install themselves use the stores and website for inspiration, pricing, and product availability.

  • Homeowners - BIYsecondary

    Homeowners buy products for professional installation and want broad selection, fast pickup, and project support.

  • Commercial businessessecondary

    Commercial buyers source surfaces and related products for renovation and construction projects.

Floor & Decor is primarily a U.S. business, with 270 warehouse-format stores and five design studios across 39 states...

  • •Business is concentrated in the United States
  • •Stores operate across 39 states and continue to expand
  • •Five design studios support customer experience and project planning
  • •Distribution centers support store inventory and local fulfillment
  • •U.S. housing and renovation demand drive traffic and sales

The company is expanding its store base while preserving its warehouse-format model, which relies on deep in-stock...

01
Store expansionshort-term

New warehouse-format stores extend the brand and increase access to local flooring demand.

02
Connected customer experiencemedium-term

Digital tools help customers research, plan, and buy across store and online channels.

03
Supply chain and sourcing efficiencymedium-term

Direct sourcing supports lower prices, faster market response, and better product control.

Demand is tied to housing turnover, renovation activity, and consumer confidence, so high interest rates and weak home...

high

Macroeconomic housing slowdown

Flooring purchases are linked to home sales, remodeling, and discretionary spending.

Scope
U.S. renovation and housing markets
Materiality
high
high

Cybersecurity and third-party IT dependence

Outsourced and cloud-based systems could be disrupted or breached, affecting sales and operations.

Scope
Store systems, e-commerce, customer and supplier data
Materiality
high
medium

Tariffs and trade policy

Imported merchandise and alternative sourcing can raise costs and pressure margins.

Scope
Inventory cost, cost of sales, retail pricing
Materiality
high
medium

Inventory shrink and valuation

Reserve estimates depend on sales trends, salability, and shrink experience.

Scope
Gross margin and operating income
Materiality
high
medium

Supplier concentration

A large supplier accounted for 10% of net sales in fiscal 2025, creating sourcing dependence.

Scope
Product availability and procurement terms
Materiality
medium
Revenue recognition timing
Can shift revenue between periods for store, pickup, and delivery orders
Inventory valuation and shrink reserves
A 10% reserve change would have affected operating income by about $1.8 million in fiscal 2025
Vendor rebates and allowances
Affects gross margin and promotional expense timing
Lease accounting
Influences fixed occupancy costs and balance sheet lease liabilities

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: 28/04/2026