Floor & Decor sets IPO terms

|About: Floor & Decor Holdings, Inc. (FND)|By:, SA News Editor

Floor & Decor (Pending:FND) files to sell 8.82M shares in a range of $16 to $18.

The company will be valued at $1.7B at the midpoint of the IPO range.

Last year, Floor & Decor reported revenue of $1.05B and net income of $43M.

S-1 dive: "We believe we have the most comprehensive in-stock, trend-right product assortment in the industry within our categories with on average approximately 3,500 stock keeping units in each store."