Floor & Decor: FY2022 Results Review, Valuation Update (NYSE:FND)

Floor & Decor: FY2022 Results Review, Valuation Update (NYSE:FND)

Bathroom tiles and utensils shopping

Hard surface flooring shopping – DTF’s Sleep Well Investments

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Introduction

Floor & Decor (NYSE:FND) reported solid FY2022 results. Investors with shorter holding horizons might be disappointed with the store counts guided down. However, I am satisfied and see

Floor and Decor store counts

DTF’s Sleep Well Investments

Floor and Decor updated store count

DTF’s Sleep Well Investments

Floor and Decor expansion unit economics

DTF’s Sleep Well Investments

Floor and Decor DCF valuation

DTF’s Sleep Well Investments – FND’s Valuation (DTF’s Sleep Well Investments)

FND valuation multiples

DTF’s Sleep Well Investments Valuation Multiples (DTF’s Sleep Well Investments)

DTF's Sleep Well Investments checklist

DTF’s Sleep Well Investments checklist (DTF’s Sleep Well Investments)