Floor & Decor Holdings: FY 2025 Is A Very Uncertain Year

Following my coverage on Floor & Decor Holdings (NYSE: FND ) in Jan’24, for which I recommended a hold rating due to my expectation that the stock is likely to stay rangebound, this post isI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn to companies with steady ...