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The company was founded as FDO Holdings in 2000 by George West, whose family ran West Building Materials. The company changed its name to Floor & Decor Holdings, Inc. in April 2017.
The company doubled in size in the five years between 2011 and 2016, and revenues went from $277 million in 2011 to more than $772 million in 2016. The company had a net income of over $26 million in 2016. Floor & Decor was profitable for the five year period before its initial public offering (IPO).
In 2017, the company had its initial public offering with a 53% gain and ended up having the largest IPO increase of the year.
In February 2018, Floor & Decor opened a new 1.4 million-square-foot distribution center on a 90-acre site in Bloomingdale, Georgia, just 11 miles from the Port of Savannah.
In September 2018, Bisnow reported that Floor & Decor was expected to begin a $160 million expansion of the company that would include 17 new store locations, a possible new headquarters in Atlanta, and nearly $30M in improving its e-commerce and technology infrastructure.
In December 2023, Floor & Decor opened a new store in the New York City Metropolitan Area.