Floor & Decor Holdings Inc (NYSE:FND)
$ 112.21 -1.87 (-1.64%) Market Cap: 12.03 Bil Enterprise Value: 13.55 Bil PE Ratio: 62.34 PB Ratio: 5.70 GF Score: 94/100

Floor & Decor Holdings Inc at Morgan Stanley Global Consumer and Retail Conference Transcript

Dec 04, 2019 / 01:00PM GMT
Release Date Price: $47.5 (+4.93%)
Simeon Ari Gutman
Morgan Stanley, Research Division - Executive Director

Good morning. I'll use the extra 10 seconds to our advantage.

First, just a quick disclosure. Please note that all important disclosures, including personal holding disclosures and Morgan Stanley disclosures, appear on the Morgan Stanley public website at www.morganstanley.com/researchdisclosures or at the registration desk.

Welcome to Day 2 of our Global Consumer and Retail Conference. I'm Simeon Gutman, Morgan Stanley's hardline and broadline and food retail analyst. It's my pleasure to introduce Floor & Decor and welcome them back for their second consecutive year at this event. They're represented by CFO, Trevor Lang; VP of IR, Wayne Hood; and Senior Manager of IR, Matt McConnell.

This is a story that I think is familiar to many, a high-quality organic grower and a category killer in hard surfaces flooring. They have one of the longest expansion runways in all of retail. They ended -- they're ending 2019

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