Floor & Decor completes its IPO

There’s a new publicly traded flooring company in the industry. Atlanta-based Floor & Decor Holdings announced the closing of its initial public offering.

The company’s shares began trading on the New York Stock Exchange on April 27, 2017 under the symbol “FND.” In trading Wednesday, shares were at $33.51. Its initial public offering of 10,147,025 shares of its common stock at a public at an offering price of $21.00 per share closed yesterday.

There’s a new publicly traded flooring company in the industry. Atlanta-based Floor & Decor Holdings announced the closing of its initial public offering.

The company’s shares began trading on the New York Stock Exchange on April 27, 2017 under the symbol “FND.” In trading Wednesday, shares were at $33.51. Its initial public offering of 10,147,025 shares of its common stock at a public at an offering price of $21.00 per share closed yesterday.

Floor & Decor is a multi-channel specialty retailer of hard surface flooring and related accessories, offering a broad in-stock assortment of tile, wood, laminate and natural stone flooring along with decorative and installation accessories.

The company operates more than 70 stores in 17 states, with a high concentration of stores in Florida and Georgia. The store promotes the slogan: “Everyday Low Prices. Period.”