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Floor & Decor Holdings, Inc. (FND): A Bull Case Theory 

We came across a bullish thesis on Floor & Decor Holdings, Inc. on Speedwell Memos’s Substack by Speedwell Research. In this article, we will summarize the bulls’ thesis on FND. Floor & Decor Holdings, Inc.'s share was trading at $64.43 as of December 2nd. FND’s trailing and forward P/E were 31.81 and 28.99 respectively according to Yahoo Finance.

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Floor & Decor (FND) reported a mixed quarter, with revenue up 5.5% y/y but comparable sales declining 1.2%, reflecting...