Floor & Decor - Construction Boom Provides Bright Growth Prospects!
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Business Driver: Floor & Decor (FND ) is one of the leading retail chains for hard surface flooring and tiles, with over 200 locations in the USA. With its wide selection of various flooring options ranging from tiles, laminate to vinyl and natural stone, it is well positioned in this segment. Thanks to the continuing construction boom, there are good chances of sustainably improving sales and earnings. On February 20, they surprised with a very strong Q4 result. The adjusted earnings per share improved from 34 to 44 cents, significantly...
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